Grupo Aeroportuario del Sureste, S.A. de C.V. (NYSE:ASR) Shares Purchased by US Bancorp DE

US Bancorp DE boosted its stake in shares of Grupo Aeroportuario del Sureste, S.A. de C.V. (NYSE:ASR) by 4.4% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 730 shares of the transportation company’s stock after acquiring an additional 31 shares during the quarter. US Bancorp DE’s holdings in Grupo Aeroportuario del Sureste were worth $200,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of the business. AQR Capital Management LLC increased its position in Grupo Aeroportuario del Sureste by 16.4% during the fourth quarter. AQR Capital Management LLC now owns 136,846 shares of the transportation company’s stock worth $35,256,000 after buying an additional 19,302 shares in the last quarter. Hsbc Holdings PLC boosted its holdings in Grupo Aeroportuario del Sureste by 16.6% in the fourth quarter. Hsbc Holdings PLC now owns 106,311 shares of the transportation company’s stock valued at $27,389,000 after acquiring an additional 15,112 shares during the last quarter. Canada Pension Plan Investment Board boosted its holdings in Grupo Aeroportuario del Sureste by 27.9% in the fourth quarter. Canada Pension Plan Investment Board now owns 30,700 shares of the transportation company’s stock valued at $7,909,000 after acquiring an additional 6,700 shares during the last quarter. Millennium Management LLC raised its position in Grupo Aeroportuario del Sureste by 159.1% in the fourth quarter. Millennium Management LLC now owns 17,553 shares of the transportation company’s stock valued at $4,522,000 after purchasing an additional 10,778 shares during the period. Finally, Wealthquest Corp purchased a new position in Grupo Aeroportuario del Sureste in the first quarter valued at about $3,979,000. 10.57% of the stock is owned by hedge funds and other institutional investors.

Grupo Aeroportuario del Sureste Stock Performance

Shares of ASR stock opened at $327.23 on Friday. The company has a quick ratio of 5.16, a current ratio of 5.16 and a debt-to-equity ratio of 0.18. The business has a 50 day moving average of $311.12 and a two-hundred day moving average of $300.02. Grupo Aeroportuario del Sureste, S.A. de C.V. has a 52 week low of $248.88 and a 52 week high of $360.00. The company has a market cap of $9.82 billion, a P/E ratio of 15.77, a PEG ratio of 8.18 and a beta of 0.79.

Grupo Aeroportuario del Sureste (NYSE:ASR) last issued its earnings results on Tuesday, July 22nd. The transportation company reported $3.80 EPS for the quarter, missing analysts’ consensus estimates of $6.01 by ($2.21). The company had revenue of $464.62 million during the quarter, compared to analyst estimates of $8.98 billion. Grupo Aeroportuario del Sureste had a net margin of 37.14% and a return on equity of 19.91%. As a group, analysts anticipate that Grupo Aeroportuario del Sureste, S.A. de C.V. will post 23 EPS for the current year.

Wall Street Analyst Weigh In

Separately, Scotiabank lowered Grupo Aeroportuario del Sureste from a “sector outperform” rating to a “sector perform” rating in a research report on Monday, May 19th.

Grupo Aeroportuario del Sureste 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.