Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) Shares Sold by Handelsbanken Fonder AB

Handelsbanken Fonder AB reduced its stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) by 34.7% in the 4th quarter, according to the company in its most recent disclosure 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’s holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. were worth $7,651,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. CWM LLC raised its position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 227.8% during the fourth quarter. CWM LLC now owns 118 shares of the transportation company’s stock valued at $35,000 after acquiring an additional 82 shares in the last quarter. Blue Trust Inc. increased its position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 62.6% in the fourth quarter. Blue Trust Inc. now owns 187 shares of the transportation company’s stock valued at $55,000 after buying an additional 72 shares in the last quarter. Signaturefd LLC increased its position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 30.6% in the third quarter. Signaturefd LLC now owns 269 shares of the transportation company’s stock valued at $66,000 after buying an additional 63 shares in the last quarter. Sequoia Financial Advisors LLC purchased a new stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the fourth quarter valued at approximately $214,000. Finally, QRG Capital Management Inc. purchased a new stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the third quarter valued at approximately $221,000. 10.57% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. StockNews.com upgraded Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a “hold” rating to a “buy” rating in a research report on Tuesday. Barclays cut Grupo Aeroportuario del Sureste, S. A. B. de C. V. from an “overweight” rating to an “equal weight” rating in a research report on Wednesday, March 13th. Finally, The Goldman Sachs Group upgraded Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a “sell” rating to a “buy” rating and boosted their price target for the stock from $274.00 to $326.00 in a research report on Friday, January 26th. One analyst has rated the stock with a sell rating, one has given a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $274.00.

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

Shares of 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. 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 market capitalization of $10.18 billion, a price-to-earnings ratio of 16.05, a PEG ratio of 3.00 and a beta of 1.18. 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 issued its quarterly earnings results on Monday, February 26th. The transportation company reported $4.99 EPS for the quarter, missing the consensus estimate of $5.78 by ($0.79). Grupo Aeroportuario del Sureste, S. A. B. de C. V. had a return on equity of 22.21% and a net margin of 40.21%. The firm had revenue of $392.31 million for the quarter. Equities research analysts forecast that Grupo Aeroportuario del Sureste, S. A. B. de C. V. will post 23.89 earnings per share for the current fiscal year.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. 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. The company operates airports that are located in the cities of Cancún, Cozumel, Mérida, Huatulco, Oaxaca, Veracruz, Villahermosa, Tapachula, and Minatitlán.