Rhumbline Advisers Trims Stock Holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR)

Rhumbline Advisers lowered its position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) by 1.6% in the second quarter, Holdings Channel.com reports. The institutional investor owned 4,750 shares of the transportation company’s stock after selling 78 shares during the period. Rhumbline Advisers’ holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. were worth $1,423,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in ASR. Parallel Advisors LLC raised its stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 116.7% during the fourth quarter. Parallel Advisors LLC now owns 221 shares of the transportation company’s stock worth $65,000 after purchasing an additional 119 shares during the last quarter. Blue Trust Inc. boosted its stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 64.7% during the second quarter. Blue Trust Inc. now owns 313 shares of the transportation company’s stock valued at $100,000 after acquiring an additional 123 shares during the last quarter. PNC Financial Services Group Inc. boosted its stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 62.2% during the fourth quarter. PNC Financial Services Group Inc. now owns 840 shares of the transportation company’s stock valued at $247,000 after acquiring an additional 322 shares during the last quarter. Ballentine Partners LLC acquired a new stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the first quarter valued at $249,000. Finally, Sequoia Financial Advisors LLC lifted its position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 12.0% during the first quarter. Sequoia Financial Advisors LLC now owns 813 shares of the transportation company’s stock worth $259,000 after buying an additional 87 shares during the period. Hedge funds and other institutional investors own 10.57% of the company’s stock.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a “hold” rating to a “buy” rating in a research report on Thursday, September 5th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $274.00.

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

Shares of NYSE:ASR opened at $290.58 on Friday. The company has a market cap of $8.72 billion, a P/E ratio of 13.74, a PEG ratio of 2.20 and a beta of 1.12. The company has a debt-to-equity ratio of 0.20, a quick ratio of 3.97 and a current ratio of 3.97. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a one year low of $165.00 and a one year high of $357.90. The business’s 50-day simple moving average is $283.53 and its 200 day simple moving average is $307.40.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) last issued its quarterly earnings data on Tuesday, July 23rd. The transportation company reported $9.60 earnings per share for the quarter, beating analysts’ consensus estimates of $5.64 by $3.96. The firm had revenue of $357.51 million during the quarter. Grupo Aeroportuario del Sureste, S. A. B. de C. V. had a return on equity of 25.99% and a net margin of 49.57%. On average, sell-side analysts forecast that Grupo Aeroportuario del Sureste, S. A. B. de C. V. will post 22.95 earnings per share for the current fiscal year.

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

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.