ABS Direct Equity Fund LLC Takes Position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR)

ABS Direct Equity Fund LLC purchased a new position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 6,900 shares of the transportation company’s stock, valued at approximately $2,030,000. Grupo Aeroportuario del Sureste, S. A. B. de C. V. comprises 1.9% of ABS Direct Equity Fund LLC’s investment portfolio, making the stock its 19th largest position.

A number of other hedge funds also recently bought and sold shares of ASR. Healthcare of Ontario Pension Plan Trust Fund raised its position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 24.9% during the third quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 50,100 shares of the transportation company’s stock valued at $12,310,000 after purchasing an additional 10,000 shares during the period. Hsbc Holdings PLC boosted its stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 224.9% during the third quarter. Hsbc Holdings PLC now owns 42,562 shares of the transportation company’s stock worth $10,515,000 after buying an additional 29,462 shares during the period. Alpine Global Management LLC bought a new position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the third quarter valued at $1,303,000. Yorktown Management & Research Co Inc raised its stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 29.9% in the fourth quarter. Yorktown Management & Research Co Inc now owns 1,390 shares of the transportation company’s stock valued at $409,000 after acquiring an additional 320 shares during the period. Finally, Campbell & CO Investment Adviser LLC bought a new stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the 3rd quarter worth about $764,000. Hedge funds and other institutional investors own 10.57% of the company’s stock.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. Stock Up 1.1 %

Grupo Aeroportuario del Sureste, S. A. B. de C. V. stock traded up $3.84 during midday trading on Friday, hitting $340.64. 25,591 shares of the company’s stock were exchanged, compared to its average volume of 42,515. 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 0.21, a quick ratio of 3.87 and a current ratio of 3.88. The company has a market cap of $10.22 billion, a PE ratio of 16.11, a P/E/G ratio of 3.17 and a beta of 1.15. The firm has a 50-day moving average of $314.29 and a two-hundred day moving average of $280.61.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) last issued its quarterly earnings data on Monday, February 26th. The transportation company reported $4.99 earnings per share (EPS) for the quarter, missing the consensus estimate of $5.78 by ($0.79). The business had revenue of $392.31 million for the quarter. Grupo Aeroportuario del Sureste, S. A. B. de C. V. had a net margin of 40.21% and a return on equity of 22.21%. As a group, analysts expect that Grupo Aeroportuario del Sureste, S. A. B. de C. V. will post 24.43 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on ASR shares. StockNews.com upgraded Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a “hold” rating to a “buy” rating in a report on Tuesday, April 23rd. The Goldman Sachs Group raised shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a “sell” rating to a “buy” rating and boosted their price objective for the company from $274.00 to $326.00 in a research report on Friday, January 26th. Finally, Barclays lowered shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. from an “overweight” rating to an “equal weight” rating in a research report on Wednesday, March 13th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and five have issued a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $274.00.

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