Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) Shares Sold by Southpoint Capital Advisors LP

Southpoint Capital Advisors LP lowered its position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) by 5.0% in the first quarter, according to its most recent 13F filing with the SEC. The firm owned 38,000 shares of the transportation company’s stock after selling 2,000 shares during the quarter. Southpoint Capital Advisors LP owned about 0.13% of Grupo Aeroportuario del Sureste, S. A. B. de C. V. worth $6,756,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of ASR. US Bancorp DE increased its position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 42.5% in the first quarter. US Bancorp DE now owns 650 shares of the transportation company’s stock worth $116,000 after acquiring an additional 194 shares in the last quarter. Resolute Partners Group acquired a new stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the 4th quarter valued at $154,000. SG Americas Securities LLC purchased a new position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the first quarter valued at about $187,000. Redwood Investments LLC acquired a new position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the first quarter worth about $207,000. Finally, Veracity Capital LLC lifted its stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 8.1% during the first quarter. Veracity Capital LLC now owns 1,343 shares of the transportation company’s stock worth $239,000 after purchasing an additional 101 shares in the last quarter. 20.85% of the stock is owned by hedge funds and other institutional investors.

A number of equities analysts have weighed in on the company. Zacks Investment Research cut Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 14th. The Goldman Sachs Group downgraded shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a “neutral” rating to a “sell” rating and upped their target price for the company from $135.00 to $165.00 in a research note on Sunday, April 11th. Scotiabank raised shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a “sector underperform” rating to a “sector perform” rating and set a $204.00 price target on the stock in a research note on Tuesday, June 15th. Finally, HSBC reissued a “hold” rating on shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. in a research report on Monday, June 14th. One equities research analyst has rated the stock with a sell rating and five have assigned a hold rating to the company. The stock has an average rating of “Hold” and a consensus price target of $191.33.

Shares of ASR stock traded down $1.14 during mid-day trading on Thursday, reaching $177.52. 32 shares of the company were exchanged, compared to its average volume of 27,106. The company has a quick ratio of 3.60, a current ratio of 3.60 and a debt-to-equity ratio of 0.30. The company has a 50 day moving average price of $183.04. The company has a market capitalization of $5.33 billion, a P/E ratio of 53.81, a P/E/G ratio of 6.05 and a beta of 1.30. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a fifty-two week low of $95.80 and a fifty-two week high of $193.85.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) last posted its quarterly earnings data on Monday, May 24th. The transportation company reported $1.55 EPS for the quarter, beating the Zacks’ consensus estimate of $1.03 by $0.52. Grupo Aeroportuario del Sureste, S. A. B. de C. V. had a net margin of 16.65% and a return on equity of 5.07%. As a group, research analysts forecast that Grupo Aeroportuario del Sureste, S. A. B. de C. V. will post 6.65 earnings per share for the current fiscal year.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. Company 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 nine airports that are located in the cities of Cancún, Cozumel, Mérida, Huatulco, Oaxaca, Veracruz, Villahermosa, Tapachula, and Minatitlan.

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Institutional Ownership by Quarter for Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR)

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