Itau Unibanco Holding S.A. Sells 2,053 Shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR)

Itau Unibanco Holding S.A. decreased its holdings in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) by 1.4% during the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 148,592 shares of the transportation company’s stock after selling 2,053 shares during the quarter. Grupo Aeroportuario del Sureste, S. A. B. de C. V. accounts for about 1.8% of Itau Unibanco Holding S.A.’s investment portfolio, making the stock its 17th biggest position. Itau Unibanco Holding S.A.’s holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. were worth $43,060,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of ASR. Sequoia Financial Advisors LLC boosted its holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 12.0% during the 1st quarter. Sequoia Financial Advisors LLC now owns 813 shares of the transportation company’s stock valued at $259,000 after acquiring an additional 87 shares during the period. Maryland State Retirement & Pension System raised its position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 0.4% during the 1st quarter. Maryland State Retirement & Pension System now owns 21,992 shares of the transportation company’s stock valued at $6,691,000 after purchasing an additional 98 shares in the last quarter. Parallel Advisors LLC increased 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 valued at $65,000 after buying an additional 119 shares during the period. Blue Trust Inc. raised its holdings in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 64.7% in 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 in the last quarter. Finally, Vanguard Personalized Indexing Management LLC lifted its stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 10.8% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 1,697 shares of the transportation company’s stock worth $504,000 after acquiring an additional 166 shares during the period. 10.57% of the stock is currently owned by hedge funds and other institutional investors.

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

ASR stock opened at $290.58 on Friday. The firm has a 50-day simple moving average of $283.53 and a two-hundred day simple moving average of $307.40. 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 firm has a market cap of $8.72 billion, a price-to-earnings ratio of 13.74, a PEG ratio of 2.20 and a beta of 1.12.

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

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised shares of 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 equities research analyst has rated the stock with a sell rating, one has issued a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $274.00.

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