Grupo Aeroportuario del Sureste, S.A. de C.V. $ASR Shares Purchased by SG Americas Securities LLC

SG Americas Securities LLC boosted its stake in Grupo Aeroportuario del Sureste, S.A. de C.V. (NYSE:ASR) by 480.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 7,514 shares of the transportation company’s stock after acquiring an additional 6,220 shares during the quarter. SG Americas Securities LLC’s holdings in Grupo Aeroportuario del Sureste were worth $2,430,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Royal Bank of Canada lifted its position in shares of Grupo Aeroportuario del Sureste by 6.3% during the first quarter. Royal Bank of Canada now owns 3,952 shares of the transportation company’s stock worth $1,083,000 after purchasing an additional 235 shares in the last quarter. American Century Companies Inc. grew its holdings in Grupo Aeroportuario del Sureste by 16.8% during the 2nd quarter. American Century Companies Inc. now owns 28,115 shares of the transportation company’s stock valued at $8,965,000 after purchasing an additional 4,051 shares in the last quarter. EverSource Wealth Advisors LLC increased its stake in Grupo Aeroportuario del Sureste by 766.7% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 156 shares of the transportation company’s stock worth $50,000 after buying an additional 138 shares during the period. Marshall Wace LLP lifted its holdings in Grupo Aeroportuario del Sureste by 119.2% in the 2nd quarter. Marshall Wace LLP now owns 14,608 shares of the transportation company’s stock worth $4,658,000 after buying an additional 7,945 shares in the last quarter. Finally, Jump Financial LLC acquired a new position in Grupo Aeroportuario del Sureste in the 2nd quarter worth $1,432,000. Institutional investors and hedge funds own 10.57% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on ASR. Barclays upgraded Grupo Aeroportuario del Sureste from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, March 24th. Zacks Research raised Grupo Aeroportuario del Sureste from a “strong sell” rating to a “hold” rating in a report on Tuesday, January 13th. Wall Street Zen lowered Grupo Aeroportuario del Sureste from a “buy” rating to a “hold” rating in a research note on Sunday, March 22nd. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Grupo Aeroportuario del Sureste in a report on Wednesday, January 21st. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Grupo Aeroportuario del Sureste presently has an average rating of “Hold” and an average target price of $300.00.

Grupo Aeroportuario del Sureste Stock Down 0.1%

NYSE:ASR opened at $346.92 on Friday. The company has a debt-to-equity ratio of 0.58, a quick ratio of 2.69 and a current ratio of 2.91. The company has a market capitalization of $10.41 billion, a price-to-earnings ratio of 18.84 and a beta of 0.58. Grupo Aeroportuario del Sureste, S.A. de C.V. has a one year low of $249.21 and a one year high of $381.52. The stock has a 50-day simple moving average of $348.26 and a 200 day simple moving average of $326.77.

Grupo Aeroportuario del Sureste (NYSE:ASR) last announced its quarterly earnings data on Tuesday, February 24th. The transportation company reported $5.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $5.04 by ($0.01). The firm had revenue of $608.62 million for the quarter, compared to analyst estimates of $500.58 million. Grupo Aeroportuario del Sureste had a net margin of 27.93% and a return on equity of 21.42%. Sell-side analysts predict that Grupo Aeroportuario del Sureste, S.A. de C.V. will post 23 EPS for the current fiscal 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.