Renaissance Technologies LLC Has $16.96 Million Holdings in Grupo Aeroportuario del Sureste, S.A. de C.V. $ASR

Renaissance Technologies LLC decreased its holdings in Grupo Aeroportuario del Sureste, S.A. de C.V. (NYSE:ASR) by 4.3% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 50,462 shares of the transportation company’s stock after selling 2,240 shares during the quarter. Renaissance Technologies LLC owned approximately 0.17% of Grupo Aeroportuario del Sureste worth $16,962,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in shares of Grupo Aeroportuario del Sureste in the fourth quarter valued at about $35,000. Atlas Capital Advisors Inc. acquired a new position in shares of Grupo Aeroportuario del Sureste in the fourth quarter worth approximately $49,000. EverSource Wealth Advisors LLC boosted its holdings in Grupo Aeroportuario del Sureste by 766.7% in the second quarter. EverSource Wealth Advisors LLC now owns 156 shares of the transportation company’s stock valued at $50,000 after acquiring an additional 138 shares during the last quarter. Osaic Holdings Inc. boosted its holdings in Grupo Aeroportuario del Sureste by 38.2% in the second quarter. Osaic Holdings Inc. now owns 181 shares of the transportation company’s stock valued at $58,000 after acquiring an additional 50 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. increased its position in Grupo Aeroportuario del Sureste by 63.6% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 324 shares of the transportation company’s stock valued at $105,000 after purchasing an additional 126 shares during the period. 10.57% of the stock is currently owned by institutional investors and hedge funds.

Grupo Aeroportuario del Sureste Trading Up 1.7%

Shares of ASR stock opened at $276.60 on Friday. Grupo Aeroportuario del Sureste, S.A. de C.V. has a fifty-two week low of $259.01 and a fifty-two week high of $381.52. The company has a debt-to-equity ratio of 0.54, a quick ratio of 3.39 and a current ratio of 3.39. The stock has a 50 day simple moving average of $291.60 and a two-hundred day simple moving average of $320.42. The company has a market cap of $8.30 billion, a P/E ratio of 14.88, a PEG ratio of 1.72 and a beta of 0.46.

Grupo Aeroportuario del Sureste (NYSE:ASR) last posted its quarterly earnings results on Thursday, July 23rd. The transportation company reported $4.38 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $4.92 by ($0.54). The business had revenue of $547.46 million for the quarter, compared to the consensus estimate of $517.35 million. Grupo Aeroportuario del Sureste had a return on equity of 21.85% and a net margin of 26.07%. Research analysts forecast that Grupo Aeroportuario del Sureste, S.A. de C.V. will post 20.43 earnings per share for the current year.

Analyst Upgrades and Downgrades

ASR has been the subject of several analyst reports. HSBC upgraded shares of Grupo Aeroportuario del Sureste from a “hold” rating to a “buy” rating and set a $349.00 price target for the company in a report on Thursday. JPMorgan Chase & Co. cut shares of Grupo Aeroportuario del Sureste from a “neutral” rating to an “underweight” rating in a research report on Wednesday, July 22nd. UBS Group upgraded shares of Grupo Aeroportuario del Sureste from a “neutral” rating to a “buy” rating in a report on Thursday, June 18th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Grupo Aeroportuario del Sureste in a research report on Friday, July 17th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, two have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $324.50.

Grupo Aeroportuario del Sureste Profile

Grupo Aeroportuario del Sureste, SAB. de C.V. (NYSE: ASR) is a leading airport operator in Mexico specializing in the development, operation and management of airports under long-term concession agreements. The company’s core business activities include the operation of passenger and cargo terminals, the administration of retail and service concessions, the provision of parking and ground-support services, and the implementation of security and maintenance programs.

ASR holds concession rights for nine airports across southeastern Mexico, including premier tourism hubs such as Cancún, Cozumel and Huatulco, as well as regional facilities in Mérida, Oaxaca, Veracruz and Minatitlán.