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 stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) by 1.4% in the second quarter, according to the company in its most recent Form 13F filing 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. comprises about 1.8% of Itau Unibanco Holding S.A.’s portfolio, making the stock its 17th largest holding. Itau Unibanco Holding S.A. owned approximately 0.50% of Grupo Aeroportuario del Sureste, S. A. B. de C. V. worth $43,060,000 as of its most recent filing with the SEC.

Several other institutional investors also recently bought and sold shares of ASR. Parallel Advisors LLC boosted its holdings in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 116.7% during the 4th quarter. Parallel Advisors LLC now owns 221 shares of the transportation company’s stock valued at $65,000 after purchasing an additional 119 shares during the last quarter. Blue Trust Inc. boosted its stake in 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 buying an additional 123 shares during the last quarter. Ballentine Partners LLC purchased a new position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the 1st quarter valued at approximately $249,000. Sequoia Financial Advisors LLC increased its stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 12.0% in the 1st quarter. Sequoia Financial Advisors LLC now owns 813 shares of the transportation company’s stock worth $259,000 after acquiring an additional 87 shares during the last quarter. Finally, PNC Financial Services Group Inc. increased its stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 62.2% in the 4th quarter. PNC Financial Services Group Inc. now owns 840 shares of the transportation company’s stock worth $247,000 after acquiring an additional 322 shares during the last quarter. 10.57% of the stock is owned by hedge funds and other institutional investors.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. Stock Down 0.1 %

Shares of NYSE:ASR opened at $290.58 on Friday. The company has a 50-day moving average price of $283.53 and a 200 day moving average price of $307.40. The company has a current ratio of 3.97, a quick ratio of 3.97 and a debt-to-equity ratio of 0.20. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a 12 month low of $165.00 and a 12 month high of $357.90. The company 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 EPS for the quarter, topping 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%. As a group, equities research analysts predict that Grupo Aeroportuario del Sureste, S. A. B. de C. V. will post 22.95 earnings per share for the current year.

Analysts Set New Price Targets

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 assigned a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price 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.