UBS Group AG Buys 1,294 Shares of Grupo Aeroportuario del Sureste, S.A. de C.V. (NYSE:ASR)

UBS Group AG increased its stake in shares of Grupo Aeroportuario del Sureste, S.A. de C.V. (NYSE:ASR) by 62.3% during the first quarter, according to its most recent filing with the SEC. The fund owned 3,370 shares of the transportation company’s stock after buying an additional 1,294 shares during the period. UBS Group AG’s holdings in Grupo Aeroportuario del Sureste, S.A. de C.V. were worth $584,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in ASR. Comerica Bank raised its position in shares of Grupo Aeroportuario del Sureste, S.A. de C.V. by 12.6% in the fourth quarter. Comerica Bank now owns 1,567 shares of the transportation company’s stock valued at $222,000 after buying an additional 175 shares during the last quarter. State Street Corp raised its position in shares of Grupo Aeroportuario del Sureste, S.A. de C.V. by 17.5% in the fourth quarter. State Street Corp now owns 45,607 shares of the transportation company’s stock valued at $6,563,000 after buying an additional 6,801 shares during the last quarter. Guggenheim Capital LLC raised its position in shares of Grupo Aeroportuario del Sureste, S.A. de C.V. by 22.4% in the fourth quarter. Guggenheim Capital LLC now owns 2,178 shares of the transportation company’s stock valued at $313,000 after buying an additional 399 shares during the last quarter. Harding Loevner LP raised its position in shares of Grupo Aeroportuario del Sureste, S.A. de C.V. by 2.8% in the first quarter. Harding Loevner LP now owns 1,266,954 shares of the transportation company’s stock valued at $219,487,000 after buying an additional 34,350 shares during the last quarter. Finally, WCM Investment Management CA acquired a new position in shares of Grupo Aeroportuario del Sureste, S.A. de C.V. during the first quarter valued at approximately $5,196,000. Hedge funds and other institutional investors own 32.89% of the company’s stock.

Shares of Grupo Aeroportuario del Sureste, S.A. de C.V. (ASR) opened at 200.96 on Friday. The firm has a 50-day moving average price of $213.29 and a 200 day moving average price of $186.33. Grupo Aeroportuario del Sureste, S.A. de C.V. has a 12 month low of $131.72 and a 12 month high of $229.45. The company has a market cap of $60.29 billion, a P/E ratio of 250.57 and a beta of 0.55.

Grupo Aeroportuario del Sureste, S.A. de C.V. (NYSE:ASR) last released its quarterly earnings results on Thursday, July 20th. The transportation company reported $2.03 earnings per share for the quarter, beating the consensus estimate of $1.93 by $0.10. The business had revenue of $158.17 million during the quarter. Grupo Aeroportuario del Sureste, S.A. de C.V. had a return on equity of 18.02% and a net margin of 39.61%. Equities analysts predict that Grupo Aeroportuario del Sureste, S.A. de C.V. will post $8.21 earnings per share for the current year.

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Several research analysts have recently commented on the company. BidaskClub lowered Grupo Aeroportuario del Sureste, S.A. de C.V. from a “strong-buy” rating to a “buy” rating in a report on Monday, July 24th. UBS AG lowered Grupo Aeroportuario del Sureste, S.A. de C.V. from an “outperform” rating to a “market perform” rating in a report on Tuesday, June 6th. Morgan Stanley lowered Grupo Aeroportuario del Sureste, S.A. de C.V. from an “overweight” rating to an “equal weight” rating in a report on Tuesday, May 30th. J P Morgan Chase & Co lowered Grupo Aeroportuario del Sureste, S.A. de C.V. from a “neutral” rating to an “underweight” rating in a report on Friday, May 12th. Finally, Zacks Investment Research raised Grupo Aeroportuario del Sureste, S.A. de C.V. from a “hold” rating to a “strong-buy” rating and set a $216.00 price objective for the company in a report on Tuesday, April 25th. One analyst has rated the stock with a sell rating, five have issued a hold rating, one has given a buy rating and one has assigned a strong buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $183.50.

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

Grupo Aeroportuario del Sureste SAB de CV (ASUR) is a Mexico-based holding company. It and its subsidiaries hold concessions to operate, maintain and develop approximately nine airports in the southeast region of Mexico, as well as over 10 airports in Colombia. The Company operates through segments, including Cancun airport and subsidiaries (Cancun), the Villahermosa Airport (Villahermosa), the Merida airport (Merida) and Services.

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

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