Allspring Global Investments Holdings LLC Sells 1,313 Shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR)

Allspring Global Investments Holdings LLC lessened its position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) by 5.0% in the fourth quarter, Holdings Channel reports. The fund owned 25,165 shares of the transportation company’s stock after selling 1,313 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. were worth $7,405,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of the company. Healthcare of Ontario Pension Plan Trust Fund increased its position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 24.9% during the 3rd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 50,100 shares of the transportation company’s stock valued at $12,310,000 after purchasing an additional 10,000 shares during the last quarter. Hsbc Holdings PLC increased its holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 224.9% during the third quarter. Hsbc Holdings PLC now owns 42,562 shares of the transportation company’s stock valued at $10,515,000 after buying an additional 29,462 shares during the last quarter. Alpine Global Management LLC bought a new position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the third quarter worth approximately $1,303,000. Campbell & CO Investment Adviser LLC purchased a new position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the 3rd quarter worth $764,000. Finally, CenterBook Partners LP boosted its stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 64.0% during the 3rd quarter. CenterBook Partners LP now owns 6,260 shares of the transportation company’s stock worth $1,538,000 after acquiring an additional 2,442 shares during the last quarter. Institutional investors own 10.57% of the company’s stock.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. Stock Down 1.5 %

Shares of ASR stock opened at $303.59 on Thursday. The company has a debt-to-equity ratio of 0.21, a current ratio of 4.26 and a quick ratio of 2.97. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a one year low of $165.00 and a one year high of $334.13. The company’s fifty day moving average price is $305.92 and its 200-day moving average price is $270.94. The company has a market capitalization of $9.11 billion, a price-to-earnings ratio of 15.51, a PEG ratio of 3.01 and a beta of 1.18.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) last posted its quarterly earnings results on Monday, February 26th. The transportation company reported $4.99 EPS for the quarter, missing analysts’ consensus estimates of $5.78 by ($0.79). Grupo Aeroportuario del Sureste, S. A. B. de C. V. had a net margin of 39.55% and a return on equity of 20.77%. The business had revenue of $392.31 million for the quarter. Sell-side analysts expect that Grupo Aeroportuario del Sureste, S. A. B. de C. V. will post 23.61 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on ASR. StockNews.com lowered Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a “buy” rating to a “hold” rating in a research note on Thursday, April 4th. The Goldman Sachs Group upgraded Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a “sell” rating to a “buy” rating and upped their price target for the stock from $274.00 to $326.00 in a research report on Friday, January 26th. Finally, Barclays downgraded Grupo Aeroportuario del Sureste, S. A. B. de C. V. from an “overweight” rating to an “equal weight” rating in a research note on Wednesday, March 13th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $274.00.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. Company 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.