Grupo Aeroportuario dl Srst SAB CV (ASR) Stake Boosted by Renaissance Technologies LLC

Renaissance Technologies LLC increased its holdings in shares of Grupo Aeroportuario dl Srst SAB CV (NYSE:ASR) by 10.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 36,600 shares of the transportation company’s stock after purchasing an additional 3,500 shares during the period. Renaissance Technologies LLC owned approximately 0.13% of Grupo Aeroportuario dl Srst SAB CV worth $5,825,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in ASR. BlackRock Inc. lifted its holdings in shares of Grupo Aeroportuario dl Srst SAB CV by 8.9% during the 1st quarter. BlackRock Inc. now owns 372,854 shares of the transportation company’s stock valued at $63,597,000 after purchasing an additional 30,318 shares in the last quarter. UBS Group AG lifted its holdings in shares of Grupo Aeroportuario dl Srst SAB CV by 152.9% during the 1st quarter. UBS Group AG now owns 2,175 shares of the transportation company’s stock valued at $371,000 after purchasing an additional 1,315 shares in the last quarter. Natixis lifted its holdings in shares of Grupo Aeroportuario dl Srst SAB CV by 53.6% during the 1st quarter. Natixis now owns 6,554 shares of the transportation company’s stock valued at $1,118,000 after purchasing an additional 2,286 shares in the last quarter. Jane Street Group LLC lifted its holdings in shares of Grupo Aeroportuario dl Srst SAB CV by 63.4% during the 1st quarter. Jane Street Group LLC now owns 4,117 shares of the transportation company’s stock valued at $702,000 after purchasing an additional 1,598 shares in the last quarter. Finally, LPL Financial LLC bought a new position in shares of Grupo Aeroportuario dl Srst SAB CV during the 1st quarter valued at about $631,000. Institutional investors and hedge funds own 19.35% of the company’s stock.

Several equities analysts have recently weighed in on the company. Zacks Investment Research upgraded Grupo Aeroportuario dl Srst SAB CV from a “sell” rating to a “hold” rating in a report on Friday, October 5th. ValuEngine upgraded Grupo Aeroportuario dl Srst SAB CV from a “sell” rating to a “hold” rating in a report on Wednesday, August 8th. Morgan Stanley cut Grupo Aeroportuario dl Srst SAB CV from an “equal weight” rating to an “underweight” rating and set a $187.00 price objective on the stock. in a report on Thursday, October 4th. Bank of America assumed coverage on Grupo Aeroportuario dl Srst SAB CV in a research report on Tuesday, August 28th. They issued a “buy” rating and a $218.00 target price on the stock. Finally, UBS Group assumed coverage on Grupo Aeroportuario dl Srst SAB CV in a research report on Monday, August 27th. They issued a “buy” rating on the stock. Two analysts have rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the stock. Grupo Aeroportuario dl Srst SAB CV presently has an average rating of “Hold” and a consensus price target of $202.50.

Shares of Grupo Aeroportuario dl Srst SAB CV stock opened at $188.60 on Friday. Grupo Aeroportuario dl Srst SAB CV has a 52-week low of $152.40 and a 52-week high of $212.70. The company has a market capitalization of $5.68 billion, a P/E ratio of 19.07 and a beta of 0.66. The company has a current ratio of 2.11, a quick ratio of 2.11 and a debt-to-equity ratio of 0.47.

Grupo Aeroportuario dl Srst SAB CV (NYSE:ASR) last announced its earnings results on Monday, July 23rd. The transportation company reported $1.84 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.46 by $0.38. Grupo Aeroportuario dl Srst SAB CV had a return on equity of 18.17% and a net margin of 39.66%. The business had revenue of $197.42 million for the quarter, compared to analyst estimates of $189.89 million. Research analysts forecast that Grupo Aeroportuario dl Srst SAB CV will post 7.95 earnings per share for the current year.

Grupo Aeroportuario dl Srst SAB CV 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. It operates nine airports that are located in the cities of CancĂșn, Cozumel, MĂ©rida, Huatulco, Oaxaca, Veracruz, Villahermosa, Tapachula, and Minatitlan. The company provides aeronautical services, which include passenger, aircraft landing and parking, passenger walkway, and airport security services.

Read More: What is the NASDAQ Stock Market?

Institutional Ownership by Quarter for Grupo Aeroportuario dl Srst SAB CV (NYSE:ASR)

Receive News & Ratings for Grupo Aeroportuario dl Srst SAB CV Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Grupo Aeroportuario dl Srst SAB CV and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply