Sei Investments Co. Has $2.33 Million Stock Holdings in Grupo Aeroportuario del Sureste, S.A. de C.V. $ASR

Sei Investments Co. lessened its holdings in Grupo Aeroportuario del Sureste, S.A. de C.V. (NYSE:ASRFree Report) by 42.0% during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 6,938 shares of the transportation company’s stock after selling 5,030 shares during the quarter. Sei Investments Co.’s holdings in Grupo Aeroportuario del Sureste were worth $2,332,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Royal Bank of Canada lifted its stake in Grupo Aeroportuario del Sureste by 6.3% in the 1st quarter. Royal Bank of Canada now owns 3,952 shares of the transportation company’s stock valued at $1,083,000 after purchasing an additional 235 shares during the last quarter. EverSource Wealth Advisors LLC grew its stake in shares of Grupo Aeroportuario del Sureste by 766.7% during the second quarter. EverSource Wealth Advisors LLC now owns 156 shares of the transportation company’s stock worth $50,000 after buying an additional 138 shares during the last quarter. Marshall Wace LLP increased its holdings in shares of Grupo Aeroportuario del Sureste by 119.2% during the second quarter. Marshall Wace LLP now owns 14,608 shares of the transportation company’s stock worth $4,658,000 after buying an additional 7,945 shares in the last quarter. Jump Financial LLC acquired a new position in shares of Grupo Aeroportuario del Sureste during the second quarter worth $1,432,000. Finally, Qube Research & Technologies Ltd lifted its stake in shares of Grupo Aeroportuario del Sureste by 1.2% in the 2nd quarter. Qube Research & Technologies Ltd now owns 50,441 shares of the transportation company’s stock valued at $16,084,000 after acquiring an additional 584 shares during the last quarter. Institutional investors own 10.57% of the company’s stock.

Analyst Ratings Changes

Several research firms recently weighed in on ASR. UBS Group raised Grupo Aeroportuario del Sureste from a “neutral” rating to a “buy” rating in a report on Thursday, June 18th. HSBC raised Grupo Aeroportuario del Sureste from a “hold” rating to a “buy” rating and set a $349.00 target price for the company in a report on Thursday, July 30th. JPMorgan Chase & Co. downgraded Grupo Aeroportuario del Sureste from a “neutral” rating to an “underweight” rating in a research report on Wednesday, July 22nd. Finally, Weiss Ratings lowered Grupo Aeroportuario del Sureste from a “hold (c)” rating to a “hold (c-)” rating in a research note on Friday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, two have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $324.50.

Check Out Our Latest Report on Grupo Aeroportuario del Sureste

Grupo Aeroportuario del Sureste Trading Down 0.5%

Shares of NYSE ASR opened at $276.22 on Friday. The firm has a 50 day moving average price of $288.39 and a two-hundred day moving average price of $318.57. The stock has a market cap of $8.29 billion, a P/E ratio of 14.86, a price-to-earnings-growth ratio of 1.80 and a beta of 0.48. Grupo Aeroportuario del Sureste, S.A. de C.V. has a 52-week low of $259.01 and a 52-week high of $381.52. The company has a debt-to-equity ratio of 0.54, a quick ratio of 3.39 and a current ratio of 3.39.

Grupo Aeroportuario del Sureste (NYSE:ASRGet Free Report) last issued its quarterly earnings results on Friday, July 24th. The transportation company reported $4.38 EPS for the quarter, missing analysts’ consensus estimates of $4.92 by ($0.54). Grupo Aeroportuario del Sureste had a return on equity of 21.85% and a net margin of 26.07%.The business had revenue of $547.46 million for the quarter, compared to analyst estimates of $517.35 million. As a group, equities analysts forecast that Grupo Aeroportuario del Sureste, S.A. de C.V. will post 19.8 EPS for the current year.

Grupo Aeroportuario del Sureste Profile

(Free Report)

Grupo Aeroportuario del Sureste, SAB. de C.V. (NYSE: ASR) is a leading airport operator in Mexico specializing in the development, operation and management of airports under long-term concession agreements. The company’s core business activities include the operation of passenger and cargo terminals, the administration of retail and service concessions, the provision of parking and ground-support services, and the implementation of security and maintenance programs.

ASR holds concession rights for nine airports across southeastern Mexico, including premier tourism hubs such as Cancún, Cozumel and Huatulco, as well as regional facilities in Mérida, Oaxaca, Veracruz and Minatitlán.

Further Reading

Institutional Ownership by Quarter for Grupo Aeroportuario del Sureste (NYSE:ASR)

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