Itau Unibanco Holding S.A. Reduces Position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR)

Itau Unibanco Holding S.A. lessened its holdings in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR - Free Report) by 1.4% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 148,592 shares of the transportation company's stock after selling 2,053 shares during the quarter. Grupo Aeroportuario del Sureste, S. A. B. de C. V. accounts for approximately 1.8% of Itau Unibanco Holding S.A.'s portfolio, making the stock its 17th largest position. Itau Unibanco Holding S.A. owned about 0.50% of Grupo Aeroportuario del Sureste, S. A. B. de C. V. worth $43,060,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Hsbc Holdings PLC grew its stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 116.7% in the 4th quarter. Hsbc Holdings PLC now owns 92,230 shares of the transportation company's stock worth $27,134,000 after acquiring an additional 49,668 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 1.2% in the 2nd quarter. Dimensional Fund Advisors LP now owns 64,453 shares of the transportation company's stock worth $19,300,000 after acquiring an additional 746 shares in the last quarter. 1832 Asset Management L.P. bought a new stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the 2nd quarter worth $14,927,000. BNP Paribas Financial Markets grew its stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 22.5% in the 1st quarter. BNP Paribas Financial Markets now owns 46,061 shares of the transportation company's stock worth $14,679,000 after acquiring an additional 8,462 shares in the last quarter. Finally, Alberta Investment Management Corp grew its stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 83.5% in the 4th quarter. Alberta Investment Management Corp now owns 37,894 shares of the transportation company's stock worth $11,151,000 after acquiring an additional 17,244 shares in the last quarter. Institutional investors own 10.57% of the company's stock.

Analyst Ratings Changes

Separately, StockNews.com upgraded shares of 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 analyst has rated the stock with a sell rating, one has issued a hold rating and four have assigned a buy rating to the company. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $274.00.

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

Shares of NYSE:ASR traded down $0.35 during midday trading on Friday, reaching $290.58. The company had a trading volume of 32,901 shares, compared to its average volume of 43,071. The company's 50 day moving average price is $283.53 and its 200 day moving average price is $307.49. 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 stock has a market cap of $8.72 billion, a P/E ratio of 13.74, a P/E/G ratio of 2.20 and a beta of 1.12. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a 52-week low of $165.00 and a 52-week high of $357.90.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR - Get Free Report) last issued its quarterly earnings results on Tuesday, July 23rd. The transportation company reported $9.60 earnings per share for the quarter, topping analysts' consensus estimates of $5.64 by $3.96. The company had revenue of $357.51 million for the quarter. Grupo Aeroportuario del Sureste, S. A. B. de C. V. had a net margin of 49.57% and a return on equity of 25.99%. As a group, sell-side analysts anticipate that Grupo Aeroportuario del Sureste, S. A. B. de C. V. will post 22.95 EPS for the current fiscal year.

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.