Hexavest Inc. Buys Shares of 569 Grupo Aeroportuario dl Srst SAB CV (ASR)

Hexavest Inc. bought a new position in Grupo Aeroportuario dl Srst SAB CV (NYSE:ASR) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 569 shares of the transportation company’s stock, valued at approximately $117,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of ASR. BlackRock Inc. boosted its stake in Grupo Aeroportuario dl Srst SAB CV by 8.9% in the 1st quarter. BlackRock Inc. now owns 372,854 shares of the transportation company’s stock worth $63,597,000 after purchasing an additional 30,318 shares during the period. UBS Group AG boosted its stake in Grupo Aeroportuario dl Srst SAB CV by 152.9% in 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 period. Natixis boosted its stake in Grupo Aeroportuario dl Srst SAB CV by 53.6% in the 1st quarter. Natixis now owns 6,554 shares of the transportation company’s stock worth $1,118,000 after purchasing an additional 2,286 shares during the period. Jane Street Group LLC boosted its stake in Grupo Aeroportuario dl Srst SAB CV by 63.4% in the 1st quarter. Jane Street Group LLC now owns 4,117 shares of the transportation company’s stock worth $702,000 after purchasing an additional 1,598 shares during the period. Finally, LPL Financial LLC bought a new stake in shares of Grupo Aeroportuario dl Srst SAB CV during the 1st quarter valued at about $631,000. Institutional investors and hedge funds own 19.35% of the company’s stock.

A number of analysts have recently issued reports on ASR shares. ValuEngine downgraded Grupo Aeroportuario dl Srst SAB CV from a “sell” rating to a “strong sell” rating in a research report on Friday, June 15th. UBS Group started coverage on Grupo Aeroportuario dl Srst SAB CV in a research report on Monday, August 27th. They set a “buy” rating for the company. Bank of America started 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 for the company. Zacks Investment Research upgraded Grupo Aeroportuario dl Srst SAB CV from a “sell” rating to a “hold” rating in a research report on Wednesday, August 29th. Finally, Morgan Stanley downgraded Grupo Aeroportuario dl Srst SAB CV from an “equal weight” rating to an “underweight” rating and set a $187.00 price target for the company. in a research report on Thursday, October 4th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $202.50.

Shares of ASR opened at $188.60 on Friday. The stock has a market cap of $5.68 billion, a PE ratio of 18.65 and a beta of 0.66. The company has a quick ratio of 2.11, a current ratio of 2.11 and a debt-to-equity ratio of 0.47. Grupo Aeroportuario dl Srst SAB CV has a 12-month low of $152.40 and a 12-month high of $212.70.

Grupo Aeroportuario dl Srst SAB CV (NYSE:ASR) last issued its quarterly earnings results on Monday, July 23rd. The transportation company reported $1.84 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.46 by $0.38. The firm had revenue of $197.42 million during the quarter, compared to the consensus estimate 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%. On average, equities analysts forecast that Grupo Aeroportuario dl Srst SAB CV will post 7.95 earnings per share for the current year.

About Grupo Aeroportuario dl Srst SAB CV

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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