IQ EQ FUND MANAGEMENT IRELAND Ltd Has $1.16 Million Position in Grupo Aeroportuario del Sureste, S.A. de C.V. $ASR

IQ EQ FUND MANAGEMENT IRELAND Ltd cut its position in shares of Grupo Aeroportuario del Sureste, S.A. de C.V. (NYSE:ASR) by 44.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,582 shares of the transportation company’s stock after selling 2,834 shares during the period. IQ EQ FUND MANAGEMENT IRELAND Ltd’s holdings in Grupo Aeroportuario del Sureste were worth $1,158,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Fisher Funds Management LTD lifted its holdings in Grupo Aeroportuario del Sureste by 13.3% during the 3rd quarter. Fisher Funds Management LTD now owns 40,654 shares of the transportation company’s stock valued at $13,145,000 after purchasing an additional 4,786 shares during the last quarter. ABS Direct Equity Fund LLC bought a new position in shares of Grupo Aeroportuario del Sureste in the third quarter valued at about $3,602,000. AGF Management Ltd. bought a new position in shares of Grupo Aeroportuario del Sureste in the third quarter valued at about $1,288,000. Itau Unibanco Holding S.A. lifted its stake in shares of Grupo Aeroportuario del Sureste by 2,425.8% during the 2nd quarter. Itau Unibanco Holding S.A. now owns 110,227 shares of the transportation company’s stock worth $35,148,000 after buying an additional 105,863 shares during the last quarter. Finally, Vanguard Personalized Indexing Management LLC boosted its holdings in shares of Grupo Aeroportuario del Sureste by 5.7% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 1,344 shares of the transportation company’s stock worth $429,000 after buying an additional 72 shares during the period. 10.57% of the stock is currently owned by institutional investors and hedge funds.

Grupo Aeroportuario del Sureste Trading Up 2.0%

Shares of ASR stock opened at $368.05 on Friday. The stock has a market cap of $11.04 billion, a P/E ratio of 19.51 and a beta of 0.56. Grupo Aeroportuario del Sureste, S.A. de C.V. has a 1 year low of $249.21 and a 1 year high of $372.36. The company has a current ratio of 2.69, a quick ratio of 2.69 and a debt-to-equity ratio of 0.47. The stock has a 50 day simple moving average of $326.85 and a 200 day simple moving average of $319.88.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the stock. Scotiabank raised shares of Grupo Aeroportuario del Sureste from a “sector perform” rating to a “sector outperform” rating in a report on Thursday, December 4th. Zacks Research upgraded Grupo Aeroportuario del Sureste from a “strong sell” rating to a “hold” rating in a research note on Tuesday, January 13th. Weiss Ratings reissued a “hold (c)” rating on shares of Grupo Aeroportuario del Sureste in a report on Wednesday, January 21st. Morgan Stanley lowered Grupo Aeroportuario del Sureste from an “equal weight” rating to an “underweight” rating and set a $300.00 price objective on the stock. in a report on Monday, November 10th. Finally, JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Grupo Aeroportuario del Sureste in a research report on Friday, November 14th. Two investment analysts have rated the stock with a Buy rating, four 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 currently has a consensus rating of “Hold” and a consensus target price of $305.00.

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.