Quantinno Capital Management LP Has $2.16 Million Stock Position in Grupo Aeroportuario del Sureste, S.A. de C.V. $ASR

Quantinno Capital Management LP raised its position in Grupo Aeroportuario del Sureste, S.A. de C.V. (NYSE:ASR) by 111.2% during the first quarter, HoldingsChannel.com reports. The firm owned 6,427 shares of the transportation company’s stock after buying an additional 3,384 shares during the quarter. Quantinno Capital Management LP’s holdings in Grupo Aeroportuario del Sureste were worth $2,161,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the company. Compound Planning Inc. raised its stake in shares of Grupo Aeroportuario del Sureste by 4.3% during the 4th quarter. Compound Planning Inc. now owns 704 shares of the transportation company’s stock worth $228,000 after purchasing an additional 29 shares in the last quarter. PNC Financial Services Group Inc. grew its stake in shares of Grupo Aeroportuario del Sureste by 5.1% in the 1st quarter. PNC Financial Services Group Inc. now owns 800 shares of the transportation company’s stock valued at $269,000 after buying an additional 39 shares in the last quarter. Laird Norton Wetherby Wealth Management LLC increased its holdings in Grupo Aeroportuario del Sureste by 3.0% in the third quarter. Laird Norton Wetherby Wealth Management LLC now owns 1,328 shares of the transportation company’s stock worth $429,000 after buying an additional 39 shares during the last quarter. Osaic Holdings Inc. increased its holdings in Grupo Aeroportuario del Sureste by 38.2% in the second quarter. Osaic Holdings Inc. now owns 181 shares of the transportation company’s stock worth $58,000 after buying an additional 50 shares during the last quarter. Finally, Ieq Capital LLC raised its position in Grupo Aeroportuario del Sureste by 8.2% during the fourth quarter. Ieq Capital LLC now owns 711 shares of the transportation company’s stock valued at $230,000 after acquiring an additional 54 shares in the last quarter. 10.57% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

ASR has been the subject of a number of analyst reports. HSBC upgraded shares of Grupo Aeroportuario del Sureste from a “hold” rating to a “buy” rating and set a $349.00 target price for the company in a research note on Thursday, July 30th. UBS Group upgraded shares of Grupo Aeroportuario del Sureste from a “neutral” rating to a “buy” rating in a report on Thursday, June 18th. Weiss Ratings lowered shares of Grupo Aeroportuario del Sureste from a “hold (c)” rating to a “hold (c-)” rating in a research note on Friday, July 31st. Finally, JPMorgan Chase & Co. cut shares of Grupo Aeroportuario del Sureste from a “neutral” rating to an “underweight” rating in a report on Wednesday, July 22nd. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, two have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, Grupo Aeroportuario del Sureste currently has an average rating of “Hold” and a consensus target price of $324.50.

Grupo Aeroportuario del Sureste Stock Performance

Shares of ASR opened at $274.73 on Tuesday. The company has a market capitalization of $8.24 billion, a PE ratio of 14.78, a price-to-earnings-growth ratio of 1.80 and a beta of 0.48. The company has a debt-to-equity ratio of 0.54, a current ratio of 3.39 and a quick ratio of 3.39. Grupo Aeroportuario del Sureste, S.A. de C.V. has a one year low of $259.01 and a one year high of $381.52. The company’s fifty day moving average price is $287.95 and its 200 day moving average price is $318.18.

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

Grupo Aeroportuario del Sureste Company Profile

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.