Grupo Aeroportuario dl Srst SAB CV (ASR) Holdings Lifted by Renaissance Technologies LLC

Renaissance Technologies LLC grew its stake in shares of Grupo Aeroportuario dl Srst SAB CV (NYSE:ASR) by 10.6% during the 2nd quarter, Holdings Channel reports. The firm owned 36,600 shares of the transportation company’s stock after buying an additional 3,500 shares during the period. Renaissance Technologies LLC’s holdings in Grupo Aeroportuario dl Srst SAB CV were worth $5,825,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Banco de Sabadell S.A acquired a new position in shares of Grupo Aeroportuario dl Srst SAB CV during the 1st quarter worth approximately $218,000. UBS Group AG increased its position in shares of Grupo Aeroportuario dl Srst SAB CV by 152.9% during the 1st quarter. UBS Group AG now owns 2,175 shares of the transportation company’s stock worth $371,000 after purchasing an additional 1,315 shares during the last quarter. Dynamic Technology Lab Private Ltd acquired a new position in shares of Grupo Aeroportuario dl Srst SAB CV during the 1st quarter worth approximately $503,000. Sei Investments Co. acquired a new position in shares of Grupo Aeroportuario dl Srst SAB CV during the 2nd quarter worth approximately $617,000. Finally, LPL Financial LLC acquired a new position in shares of Grupo Aeroportuario dl Srst SAB CV during the 1st quarter worth approximately $631,000. 19.35% of the stock is currently owned by hedge funds and other institutional investors.

ASR stock opened at $188.60 on Friday. The company has a current ratio of 2.11, a quick ratio of 2.11 and a debt-to-equity ratio of 0.47. The company has a market cap of $5.68 billion, a P/E ratio of 19.07 and a beta of 0.66. Grupo Aeroportuario dl Srst SAB CV has a 1-year low of $152.40 and a 1-year high of $212.70.

Grupo Aeroportuario dl Srst SAB CV (NYSE:ASR) last posted its earnings results on Monday, July 23rd. The transportation company reported $1.84 earnings per share for the quarter, topping analysts’ consensus estimates of $1.46 by $0.38. The business had revenue of $197.42 million for the quarter, compared to analyst estimates of $189.89 million. Grupo Aeroportuario dl Srst SAB CV had a return on equity of 18.17% and a net margin of 39.66%. Equities analysts forecast that Grupo Aeroportuario dl Srst SAB CV will post 7.95 EPS for the current year.

ASR has been the topic of several recent analyst reports. ValuEngine raised Grupo Aeroportuario dl Srst SAB CV from a “strong sell” rating to a “sell” rating in a research report on Thursday, June 28th. Bank of America initiated coverage on Grupo Aeroportuario dl Srst SAB CV in a research report on Tuesday, August 28th. They set a “buy” rating and a $218.00 price target on the stock. Zacks Investment Research lowered Grupo Aeroportuario dl Srst SAB CV from a “hold” rating to a “sell” rating in a research report on Monday, September 10th. HSBC lowered Grupo Aeroportuario dl Srst SAB CV from a “hold” rating to a “reduce” rating in a research report on Monday, October 8th. Finally, UBS Group began coverage on Grupo Aeroportuario dl Srst SAB CV in a research report on Monday, August 27th. They set a “buy” rating on the stock. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $202.50.

Grupo Aeroportuario dl Srst SAB CV 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. It operates nine airports that are located in the cities of Cancún, Cozumel, Mérida, Huatulco, Oaxaca, Veracruz, Villahermosa, Tapachula, and Minatitlan. The company provides aeronautical services, which include passenger, aircraft landing and parking, passenger walkway, and airport security services.

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Institutional Ownership by Quarter for Grupo Aeroportuario dl Srst SAB CV (NYSE:ASR)

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