2,153 Shares of Grupo Aeroportuario del Sureste, S.A. de C.V. $ASR Bought by Eagle Harbor Asset Management Inc. ADV

Eagle Harbor Asset Management Inc. ADV purchased a new stake in Grupo Aeroportuario del Sureste, S.A. de C.V. (NYSE:ASR) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 2,153 shares of the transportation company’s stock, valued at approximately $506,000.

Other large investors have also recently modified their holdings of the company. Robeco Institutional Asset Management B.V. grew its holdings in shares of Grupo Aeroportuario del Sureste by 16.1% during the third quarter. Robeco Institutional Asset Management B.V. now owns 99,975 shares of the transportation company’s stock worth $23,513,000 after purchasing an additional 13,867 shares in the last quarter. Hsbc Holdings PLC raised its stake in Grupo Aeroportuario del Sureste by 151.5% in the first quarter. Hsbc Holdings PLC now owns 63,506 shares of the transportation company’s stock valued at $21,346,000 after purchasing an additional 38,255 shares in the last quarter. Bank of New York Mellon Corp raised its stake in Grupo Aeroportuario del Sureste by 18.3% in the first quarter. Bank of New York Mellon Corp now owns 30,621 shares of the transportation company’s stock valued at $10,292,000 after purchasing an additional 4,743 shares in the last quarter. Empowered Funds LLC bought a new stake in Grupo Aeroportuario del Sureste during the first quarter valued at approximately $7,687,000. Finally, Empirical Finance LLC bought a new stake in Grupo Aeroportuario del Sureste during the first quarter valued at approximately $7,687,000. Institutional investors own 10.57% of the company’s stock.

Grupo Aeroportuario del Sureste Trading Up 3.6%

ASR stock opened at $248.13 on Wednesday. The company has a market capitalization of $7.44 billion, a PE ratio of 13.35, a price-to-earnings-growth ratio of 1.64 and a beta of 0.52. Grupo Aeroportuario del Sureste, S.A. de C.V. has a one year low of $226.19 and a one year high of $381.52. The company’s 50 day moving average price is $248.65 and its two-hundred day moving average price is $282.79. The company has a debt-to-equity ratio of 0.54, a quick ratio of 3.29 and a current ratio of 3.29.

Grupo Aeroportuario del Sureste (NYSE:ASR) last announced its quarterly earnings data on Friday, July 24th. The transportation company reported $4.38 earnings per share for the quarter, missing analysts’ consensus estimates of $4.92 by ($0.54). Grupo Aeroportuario del Sureste had a return on equity of 21.32% and a net margin of 26.07%. The business had revenue of $547.46 million during the quarter, compared to the consensus estimate of $517.35 million. As a group, analysts predict that Grupo Aeroportuario del Sureste, S.A. de C.V. will post 18.77 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on ASR shares. JPMorgan Chase & Co. cut shares of Grupo Aeroportuario del Sureste from a “neutral” rating to an “underweight” rating in a research note on Wednesday, July 22nd. Zacks Research raised shares of Grupo Aeroportuario del Sureste from a “strong sell” rating to a “hold” rating in a report on Monday, October 12th. HSBC upgraded shares of Grupo Aeroportuario del Sureste from a “hold” rating to a “buy” rating and set a $349.00 price objective on the stock in a research report on Thursday, July 30th. Finally, Weiss Ratings cut Grupo Aeroportuario del Sureste from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, one has issued a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $324.50.

Grupo Aeroportuario del Sureste Profile

Grupo Aeroportuario del Sureste, SAB. de C.V. (NYSE:ASR), commonly known as ASUR, is an airport infrastructure company that develops, operates and maintains airports. Its activities include passenger and aircraft services, terminal operations, commercial facilities, parking, and other services related to airport transportation.

ASUR operates a portfolio of airports in southeastern Mexico, including Cancún International Airport, one of the country’s major tourism gateways, as well as airports serving Mérida, Cozumel, Oaxaca, Huatulco, Veracruz, Villahermosa, Tapachula and Minatitlán.