Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) Position Trimmed by Renaissance Group LLC

Renaissance Group LLC trimmed its stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) by 2.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 19,175 shares of the transportation company’s stock after selling 485 shares during the period. Renaissance Group LLC’s holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. were worth $4,940,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of ASR. US Bancorp DE boosted its holdings in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 7.2% in the fourth quarter. US Bancorp DE now owns 699 shares of the transportation company’s stock worth $180,000 after buying an additional 47 shares during the period. HighTower Advisors LLC boosted its stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 5.4% in the 3rd quarter. HighTower Advisors LLC now owns 1,004 shares of the transportation company’s stock worth $285,000 after purchasing an additional 51 shares during the period. Geode Capital Management LLC grew its position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 6.2% during the 4th quarter. Geode Capital Management LLC now owns 1,119 shares of the transportation company’s stock worth $288,000 after purchasing an additional 65 shares in the last quarter. Fortune Financial Advisors LLC raised its stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 2.1% during the 4th quarter. Fortune Financial Advisors LLC now owns 4,824 shares of the transportation company’s stock valued at $1,243,000 after purchasing an additional 97 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. lifted its holdings in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 41.2% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 346 shares of the transportation company’s stock valued at $91,000 after purchasing an additional 101 shares in the last quarter. Institutional investors and hedge funds own 10.57% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group lowered their price target on Grupo Aeroportuario del Sureste, S. A. B. de C. V. from $321.00 to $310.00 and set a “hold” rating on the stock in a report on Wednesday, February 12th.

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

NYSE ASR opened at $259.01 on Tuesday. The company has a 50 day simple moving average of $276.01 and a 200-day simple moving average of $271.59. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a 52-week low of $248.88 and a 52-week high of $357.90. The firm has a market capitalization of $7.77 billion, a price-to-earnings ratio of 9.76, a price-to-earnings-growth ratio of 7.16 and a beta of 0.73. The company has a debt-to-equity ratio of 0.20, a current ratio of 4.65 and a quick ratio of 4.65.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) last issued its earnings results on Monday, February 24th. The transportation company reported $5.48 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $5.54 by ($0.06). Grupo Aeroportuario del Sureste, S. A. B. de C. V. had a net margin of 50.08% and a return on equity of 26.25%. The company had revenue of $449.41 million for the quarter, compared to analyst estimates of $408.15 million. Equities research analysts predict that Grupo Aeroportuario del Sureste, S. A. B. de C. V. will post 23 earnings per share for the current fiscal year.

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

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.