Renaissance Technologies LLC Lowers Stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR)

Renaissance Technologies LLC lessened its position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) by 4.3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 95,583 shares of the transportation company’s stock after selling 4,286 shares during the period. Renaissance Technologies LLC owned approximately 0.32% of Grupo Aeroportuario del Sureste, S. A. B. de C. V. worth $28,629,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP grew its position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 1.2% during the second quarter. Dimensional Fund Advisors LP now owns 64,453 shares of the transportation company’s stock valued at $19,300,000 after acquiring an additional 746 shares during the period. American Century Companies Inc. lifted its stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 5.6% during the second quarter. American Century Companies Inc. now owns 19,024 shares of the transportation company’s stock worth $5,698,000 after purchasing an additional 1,015 shares in the last quarter. Maryland State Retirement & Pension System lifted its stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 1.1% during the second quarter. Maryland State Retirement & Pension System now owns 22,229 shares of the transportation company’s stock worth $6,658,000 after purchasing an additional 237 shares in the last quarter. Blue Trust Inc. lifted 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 worth $100,000 after purchasing an additional 123 shares in the last quarter. Finally, SG Americas Securities LLC lifted its stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 31.3% during the second quarter. SG Americas Securities LLC now owns 1,967 shares of the transportation company’s stock worth $589,000 after purchasing an additional 469 shares in the last quarter. Hedge funds and other institutional investors own 10.57% of the company’s stock.

Wall Street Analysts Forecast Growth

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 note on Thursday, September 5th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $274.00.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. Trading Up 0.9 %

NYSE:ASR opened at $290.93 on Friday. 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 $284.41 and its 200 day simple moving average is $307.37. The stock has a market cap of $8.73 billion, a price-to-earnings ratio of 13.81, a price-to-earnings-growth ratio of 2.20 and a beta of 1.12.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) last released its quarterly earnings results on Tuesday, July 23rd. The transportation company reported $9.60 EPS for the quarter, topping the consensus estimate of $5.64 by $3.96. The business had revenue of $357.51 million for 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, sell-side analysts predict 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. 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.