Healthcare of Ontario Pension Plan Trust Fund Has $11.53 Million Stock Position in Grupo Aeroportuario del Sureste, S.A. de C.V. $ASR

Healthcare of Ontario Pension Plan Trust Fund lessened its holdings in Grupo Aeroportuario del Sureste, S.A. de C.V. (NYSE:ASR) by 20.8% in the first quarter, HoldingsChannel reports. The fund owned 34,300 shares of the transportation company’s stock after selling 9,000 shares during the period. Healthcare of Ontario Pension Plan Trust Fund’s holdings in Grupo Aeroportuario del Sureste were worth $11,529,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of the business. Deutsche Bank AG boosted its holdings in Grupo Aeroportuario del Sureste by 90.6% in the 4th quarter. Deutsche Bank AG now owns 187,759 shares of the transportation company’s stock valued at $60,721,000 after purchasing an additional 89,239 shares during the period. Morgan Stanley boosted its stake in shares of Grupo Aeroportuario del Sureste by 20.4% in the fourth quarter. Morgan Stanley now owns 184,883 shares of the transportation company’s stock valued at $59,792,000 after buying an additional 31,298 shares during the period. State Street Corp boosted its stake in shares of Grupo Aeroportuario del Sureste by 3.2% in the fourth quarter. State Street Corp now owns 171,848 shares of the transportation company’s stock valued at $55,576,000 after buying an additional 5,338 shares during the period. Price T Rowe Associates Inc. MD grew its position in Grupo Aeroportuario del Sureste by 2.1% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 103,379 shares of the transportation company’s stock worth $33,433,000 after buying an additional 2,134 shares in the last quarter. Finally, Robeco Institutional Asset Management B.V. increased its stake in Grupo Aeroportuario del Sureste by 9.4% during the 4th quarter. Robeco Institutional Asset Management B.V. now owns 87,258 shares of the transportation company’s stock worth $28,219,000 after acquiring an additional 7,504 shares during the period. 10.57% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

ASR has been the subject of several analyst reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Grupo Aeroportuario del Sureste in a report on Friday, July 17th. JPMorgan Chase & Co. cut Grupo Aeroportuario del Sureste from a “neutral” rating to an “underweight” rating in a research report on Wednesday, July 22nd. Finally, UBS Group raised Grupo Aeroportuario del Sureste from a “neutral” rating to a “buy” rating in a research note on Thursday, June 18th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, two have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, Grupo Aeroportuario del Sureste currently has an average rating of “Hold” and an average target price of $300.00.

Grupo Aeroportuario del Sureste Trading Up 0.6%

Shares of Grupo Aeroportuario del Sureste stock opened at $270.21 on Wednesday. The firm’s 50 day moving average is $293.00 and its 200 day moving average is $321.15. The firm has a market capitalization of $8.11 billion, a PE ratio of 14.54, a price-to-earnings-growth ratio of 1.69 and a beta of 0.46. Grupo Aeroportuario del Sureste, S.A. de C.V. has a 1 year low of $259.01 and a 1 year high of $381.52. The company has a current ratio of 3.39, a quick ratio of 3.39 and a debt-to-equity ratio of 0.54.

Grupo Aeroportuario del Sureste (NYSE:ASR) last issued its quarterly earnings data on Thursday, July 23rd. The transportation company reported $4.38 EPS for the quarter, missing the consensus estimate of $4.92 by ($0.54). Grupo Aeroportuario del Sureste had a net margin of 26.07% and a return on equity of 21.85%. The company had revenue of $547.46 million during the quarter, compared to the consensus estimate of $517.35 million. Equities research analysts forecast that Grupo Aeroportuario del Sureste, S.A. de C.V. will post 20.43 earnings per share 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.