Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) Shares Sold by SG Americas Securities LLC

SG Americas Securities LLC decreased its position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) by 64.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 698 shares of the transportation company’s stock after selling 1,269 shares during the quarter. SG Americas Securities LLC’s holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. were worth $197,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Sequoia Financial Advisors LLC lifted its holdings in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 12.0% in the first quarter. Sequoia Financial Advisors LLC now owns 813 shares of the transportation company’s stock valued at $259,000 after buying an additional 87 shares during the period. Maryland State Retirement & Pension System lifted its holdings in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 0.4% during the first 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 during the last quarter. Blue Trust Inc. lifted its holdings 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 purchasing an additional 123 shares during the last quarter. Vanguard Personalized Indexing Management LLC lifted its holdings in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 10.8% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 1,697 shares of the transportation company’s stock valued at $504,000 after purchasing an additional 166 shares during the last quarter. Finally, Creative Planning lifted its holdings in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 7.2% during the second quarter. Creative Planning now owns 3,509 shares of the transportation company’s stock valued at $1,051,000 after purchasing an additional 235 shares during the last quarter. Institutional investors and hedge funds own 10.57% of the company’s stock.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. Stock Down 1.0 %

NYSE:ASR opened at $276.34 on Wednesday. The firm has a market capitalization of $8.29 billion, a price-to-earnings ratio of 13.07, a PEG ratio of 2.25 and a beta of 1.12. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a 1-year low of $203.77 and a 1-year high of $357.90. The company has a current ratio of 3.97, a quick ratio of 3.97 and a debt-to-equity ratio of 0.20. The business’s fifty day moving average price is $277.43 and its 200 day moving average price is $303.34.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) last posted its quarterly 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 firm 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%. 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.

Wall Street Analyst Weigh In

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

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

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.