INCA Investments LLC Purchased 152132 Shares of Copa Stake SA (CPA)

Marco Green
April 3, 2018

The transportation company reported $2.36 earnings per share for the quarter, topping the consensus estimate of $2.33 by $0.03. The stock has a market cap of $5,689.13, a P/E ratio of 15.47, a PEG ratio of 0.86 and a beta of 1.80. The stock decreased 1.77% or $1.78 during the last trading session, reaching $98.66.

Shares of Copa stock traded down $2.78 during midday trading on Monday, hitting $125.85. JP Morgan maintained Copa Holdings, S.A. (NYSE:CPA) on Monday, March 19 with "Overweight" rating. It has outperformed by 5.63% the S&P500. Leerink Swann maintained the stock with "Outperform" rating in Thursday, November 2 report. The hedge fund run by Noah Levy held 44,162 shares of the rental and leasing company at the end of 2017Q4, valued at $16.69 million, down from 119,000 at the end of the previous reported quarter. Trust Co Of Vermont who had been investing in Disney Walt Company for a number of months, seems to be bullish on the $148.35B market cap company. About 95,947 shares traded. It has outperformed by 80.37% the S&P500.

Zacks Investment Research raised shares of Copa Holdings SA from a "sell" rating to a "hold" rating in a research note on Wednesday, July 13th. Therefore 43% are positive.

INCA Investments LLC boosted its stake in shares of Copa Holdings SA (NYSE:CPA) by 17.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The rating was maintained by RBC Capital Markets on Monday, August 3 with "Outperform". JP Morgan maintained the shares of CPA in report on Tuesday, August 16 with "Neutral" rating. HSBC downgraded shares of Copa Holdings SA from a "buy" rating to a "hold" rating and raised their target price for the company from $66.00 to $84.00 in a research note on Friday, August 5th. Stifel Nicolaus has "Buy" rating and $110.0 target. The stock has a consensus rating of "Hold" and a consensus target price of $145.38. The firm has "Sell" rating given on Friday, February 16 by UBS. As per Friday, November 10, the company rating was maintained by Cowen & Co. As per Friday, May 13, the company rating was initiated by Scotia Capital. The company was maintained on Monday, September 26 by Buckingham Research. Copa Holdings, S.A. (NYSE:CPA) has risen 17.18% since April 3, 2017 and is uptrending. Needham has "Buy" rating and $62 target. Therefore 64% are positive.

Several other institutional investors have also recently made changes to their positions in CPA. Zacks Investment Research upgraded shares of Copa from a "hold" rating to a "buy" rating and set a $156.00 target price for the company in a research note on Tuesday, February 27th. The firm has "Hold" rating by Imperial Capital given on Sunday, August 16. The rating was maintained by Needham with "Buy" on Friday, September 15. The stock has "Buy" rating by Guggenheim on Thursday, September 14. The company was maintained on Thursday, October 26 by Credit Suisse. The firm has "Buy" rating by Bank of America given on Monday, July 11.

Investors sentiment decreased to 1.07 in 2017 Q4. The company has a quick ratio of 1.06, a current ratio of 1.13 and a debt-to-equity ratio of 0.41. Verition Fund Management LLC boosted its stake in Copa by 20.0% during the fourth quarter. 229.66 million shares or 10.22% less from 255.81 million shares in 2017Q3 were reported. Its down 5.82% from 261,100 shares previously. Renaissance Gru Limited Liability Co invested in 0.01% or 1,291 shares. Veritable Lp holds 0.7% of its portfolio in Exxon Mobil Corporation (NYSE:XOM) for 414,419 shares.

Several institutional investors have recently added to or reduced their stakes in the company. Quantum Capital Lc Nj invested in 2.38% or 21,108 shares. Lawson Kroeker Invest Management Ne holds 0.97% or 36,123 shares. Private Asset invested in 74,669 shares. Northern Trust stated it has 20.98M shares or 0.57% of all its holdings. Envestnet Asset Management Inc. grew its stake in shares of Copa by 60.9% during the 4th quarter. The Virginia-based Burke Herbert National Bank Communication has invested 0.28% in General Dynamics Corporation (NYSE:GD). Peddock Cap Advsrs Ltd Com reported 400 shares. Pennsylvania-based Waldron Limited Partnership has invested 0.18% in The Walt Disney Company (NYSE:DIS). Srb invested 0.03% in General Dynamics Corporation (NYSE:GD).

Since January 2, 2018, it had 0 buys, and 22 sales for $29.59 million activity. Johnson S. Daniel also sold $754,828 worth of General Dynamics Corporation (NYSE:GD) shares. Stockholders of record on Monday, March 5th will be paid a dividend of $0.87 per share. 1,979 shares were sold by Lippoldt Darin, worth $157,053 on Wednesday, January 3. 46,941 shares were sold by BEATTIE ART P, worth $2.46M. Roualet Mark C. sold 3,585 shares worth $814,050. Aperio Group LLC grew its stake in shares of Copa by 5.8% during the 4th quarter. Franklin Resources Inc. increased its position in Copa Holdings SA by 31.4% in the second quarter.

Analysts await Exxon Mobil Corporation (NYSE:XOM) to report earnings on April, 27. After $0.51 actual EPS reported by The Southern Company for the previous quarter, Wall Street now forecasts 58.82% EPS growth.

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