Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) Holdings Raised by Marshall Wace LLP

Marshall Wace LLP lifted its position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) by 99.7% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 32,377 shares of the transportation company’s stock after acquiring an additional 16,163 shares during the quarter. Marshall Wace LLP’s holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. were worth $9,698,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in ASR. Parallel Advisors LLC boosted its stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 116.7% in the fourth quarter. Parallel Advisors LLC now owns 221 shares of the transportation company’s stock valued at $65,000 after acquiring an additional 119 shares during the period. Blue Trust Inc. grew its stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 64.7% during the 2nd quarter. Blue Trust Inc. now owns 313 shares of the transportation company’s stock worth $100,000 after buying an additional 123 shares during the last quarter. PNC Financial Services Group Inc. increased its position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 62.2% in the fourth quarter. PNC Financial Services Group Inc. now owns 840 shares of the transportation company’s stock worth $247,000 after buying an additional 322 shares during the period. Ballentine Partners LLC bought a new stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the first quarter valued at $249,000. Finally, Sequoia Financial Advisors LLC boosted its holdings in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 12.0% during the first 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. Institutional investors and hedge funds own 10.57% of the company’s stock.

Wall Street Analyst Weigh In

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 report on Thursday, September 5th. One analyst has rated the stock with a sell rating, one has given a hold rating and four have given a buy rating to the company. According to MarketBeat, the stock presently 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. Stock Performance

Shares of ASR stock opened at $285.32 on Monday. 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 debt-to-equity ratio of 0.20, a current ratio of 3.97 and a quick ratio of 3.97. The firm has a market capitalization of $8.56 billion, a price-to-earnings ratio of 13.49, a price-to-earnings-growth ratio of 2.40 and a beta of 1.12. The business has a 50 day simple moving average of $281.32 and a 200 day simple moving average of $307.26.

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 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.64 by $3.96. 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%. The company had revenue of $357.51 million during the quarter. On average, equities research analysts anticipate that Grupo Aeroportuario del Sureste, S. A. B. de C. V. will post 22.95 EPS for the current year.

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.