Grupo Aeroportuario del Sureste, S.A. de C.V. $ASR Shares Sold by Deutsche Bank AG

Deutsche Bank AG reduced its position in Grupo Aeroportuario del Sureste, S.A. de C.V. (NYSE:ASR) by 1.9% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,408 shares of the transportation company’s stock after selling 140 shares during the period. Deutsche Bank AG’s holdings in Grupo Aeroportuario del Sureste were worth $2,028,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Wells Fargo & Company MN increased its stake in Grupo Aeroportuario del Sureste by 67.5% in the 4th quarter. Wells Fargo & Company MN now owns 345 shares of the transportation company’s stock valued at $89,000 after purchasing an additional 139 shares in the last quarter. Signaturefd LLC increased its stake in Grupo Aeroportuario del Sureste by 16.8% in the 1st quarter. Signaturefd LLC now owns 438 shares of the transportation company’s stock valued at $120,000 after purchasing an additional 63 shares in the last quarter. Blue Trust Inc. increased its stake in Grupo Aeroportuario del Sureste by 7.8% in the 1st quarter. Blue Trust Inc. now owns 524 shares of the transportation company’s stock valued at $143,000 after purchasing an additional 38 shares in the last quarter. US Bancorp DE grew its holdings in Grupo Aeroportuario del Sureste by 4.4% during the 1st quarter. US Bancorp DE now owns 730 shares of the transportation company’s stock valued at $200,000 after buying an additional 31 shares during the last quarter. Finally, XTX Topco Ltd acquired a new stake in Grupo Aeroportuario del Sureste during the 1st quarter valued at $207,000. 10.57% of the stock is owned by hedge funds and other institutional investors.

Grupo Aeroportuario del Sureste Price Performance

ASR stock opened at $329.1330 on Friday. 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 stock’s fifty day simple moving average is $311.69 and its 200-day simple moving average is $301.37. 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 stock has a market capitalization of $9.87 billion, a price-to-earnings ratio of 15.86, a price-to-earnings-growth ratio of 8.22 and a beta of 0.79.

Grupo Aeroportuario del Sureste (NYSE:ASR) last posted its quarterly earnings data on Tuesday, July 22nd. The transportation company reported $3.80 earnings per share (EPS) for the quarter, missing the consensus estimate of $6.01 by ($2.21). Grupo Aeroportuario del Sureste had a return on equity of 19.91% and a net margin of 37.14%.The business had revenue of $464.62 million for the quarter, compared to analyst estimates of $8.98 billion. Equities research analysts expect 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 cut Grupo Aeroportuario del Sureste from a “sector outperform” rating to a “sector perform” rating in a report on Monday, May 19th. Two research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $310.00.

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.