Handelsbanken Fonder AB Trims Holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR)

Handelsbanken Fonder AB trimmed its position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) by 34.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 26,000 shares of the transportation company’s stock after selling 13,813 shares during the quarter. Handelsbanken Fonder AB owned about 0.09% of Grupo Aeroportuario del Sureste, S. A. B. de C. V. worth $7,651,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in ASR. Hsbc Holdings PLC increased its holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 224.9% in the 3rd quarter. Hsbc Holdings PLC now owns 42,562 shares of the transportation company’s stock worth $10,515,000 after acquiring an additional 29,462 shares in the last quarter. Canada Pension Plan Investment Board increased its holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 169.8% in the 3rd quarter. Canada Pension Plan Investment Board now owns 28,600 shares of the transportation company’s stock worth $7,027,000 after acquiring an additional 18,000 shares in the last quarter. Itau Unibanco Holding S.A. increased its holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 34.5% in the 3rd quarter. Itau Unibanco Holding S.A. now owns 59,505 shares of the transportation company’s stock worth $14,621,000 after acquiring an additional 15,268 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund boosted its stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 24.9% in the 3rd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 50,100 shares of the transportation company’s stock worth $12,310,000 after purchasing an additional 10,000 shares during the period. Finally, Alpine Global Management LLC bought a new position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the 3rd quarter worth approximately $1,303,000. 10.57% of the stock is owned by hedge funds and other institutional investors.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. Stock Up 0.3 %

NYSE ASR opened at $339.41 on Thursday. The company has a debt-to-equity ratio of 0.21, a quick ratio of 3.87 and a current ratio of 3.88. The company has a market capitalization of $10.18 billion, a P/E ratio of 16.05, a P/E/G ratio of 3.00 and a beta of 1.18. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a one year low of $165.00 and a one year high of $343.42. The stock has a 50 day moving average price of $307.84 and a 200-day moving average price of $274.26.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) last posted its earnings results on Monday, February 26th. The transportation company reported $4.99 EPS for the quarter, missing analysts’ consensus estimates of $5.78 by ($0.79). The firm had revenue of $392.31 million for the quarter. Grupo Aeroportuario del Sureste, S. A. B. de C. V. had a net margin of 40.21% and a return on equity of 22.21%. As a group, equities analysts predict that Grupo Aeroportuario del Sureste, S. A. B. de C. V. will post 23.89 EPS for the current fiscal year.

Analyst Ratings Changes

ASR has been the subject of several recent analyst reports. Barclays downgraded Grupo Aeroportuario del Sureste, S. A. B. de C. V. from an “overweight” rating to an “equal weight” rating in a research note on Wednesday, March 13th. The Goldman Sachs Group upgraded Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a “sell” rating to a “buy” rating and upped their price target for the stock from $274.00 to $326.00 in a research note on Friday, January 26th. Finally, StockNews.com upgraded Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a “hold” rating to a “buy” rating in a research note on Tuesday. One research analyst has rated the stock with a sell rating, one has issued a hold rating and five have given a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $274.00.

About Grupo Aeroportuario del Sureste, S. A. B. de C. V.

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.