Private Advisor Group LLC purchased a new stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR – Free Report) in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 4,823 shares of the transportation company’s stock, valued at approximately $1,478,000.
Other institutional investors have also made changes to their positions in the company. Veracity Capital LLC grew its holdings in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 6.2% in the first quarter. Veracity Capital LLC now owns 1,401 shares of the transportation company’s stock valued at $429,000 after purchasing an additional 82 shares in the last quarter. O Shaughnessy Asset Management LLC grew its holdings in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 54.0% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 7,748 shares of the transportation company’s stock valued at $1,805,000 after purchasing an additional 2,716 shares in the last quarter. Matthews International Capital Management LLC grew its holdings in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 37.6% in the first quarter. Matthews International Capital Management LLC now owns 3,446 shares of the transportation company’s stock valued at $1,056,000 after purchasing an additional 942 shares in the last quarter. Euro Pacific Asset Management LLC acquired a new position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the fourth quarter valued at approximately $294,000. Finally, Robeco Institutional Asset Management B.V. acquired a new position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the fourth quarter valued at approximately $39,588,000. 16.11% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
A number of brokerages recently weighed in on ASR. The Goldman Sachs Group cut shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a “neutral” rating to a “sell” rating in a report on Monday, July 10th. StockNews.com assumed coverage on shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. in a report on Thursday, August 17th. They issued a “hold” rating for the company. Barclays upgraded shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. from an “underweight” rating to an “overweight” rating in a report on Monday, May 22nd. Finally, Bank of America cut shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a “buy” rating to an “underperform” rating in a report on Wednesday, July 19th. Three equities research analysts have rated the stock with a sell rating, two have given a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $255.00.
Grupo Aeroportuario del Sureste, S. A. B. de C. V. Trading Up 1.8 %
NYSE ASR opened at $274.98 on Friday. The company has a quick ratio of 2.42, a current ratio of 2.42 and a debt-to-equity ratio of 0.24. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a 52 week low of $191.43 and a 52 week high of $314.48. The stock has a market capitalization of $8.25 billion, a PE ratio of 15.31, a price-to-earnings-growth ratio of 2.97 and a beta of 1.05. The firm has a 50 day moving average of $278.40 and a two-hundred day moving average of $285.51.
Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR – Get Free Report) last posted its quarterly earnings results on Monday, July 24th. The transportation company reported $4.76 EPS for the quarter, missing the consensus estimate of $5.42 by ($0.66). The firm had revenue of $359.27 million for the quarter. Grupo Aeroportuario del Sureste, S. A. B. de C. V. had a return on equity of 20.94% and a net margin of 38.49%. As a group, research analysts expect that Grupo Aeroportuario del Sureste, S. A. B. de C. V. will post 20.69 EPS for the current fiscal year.
Grupo Aeroportuario del Sureste, S. A. B. de C. V. Profile
Grupo Aeroportuario del Sureste, S. A. B. de C. V. holds concessions to operate, maintain, and develop airports in the southeast region of Mexico. The company operates airports that are located in the cities of Cancún, Cozumel, Mérida, Huatulco, Oaxaca, Veracruz, Villahermosa, Tapachula, and Minatitlán.
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