Wide-Moat Grupo Aeroportuario del Sureste Increases Stake in Puerto Rico Airport; Raising FVE
Wide-moat Grupo Aeroportuario del Sureste reported second-quarter earnings that beat consensus expectations, and the firm increased its ownership in Puerto Rico’s primary airport from 50% to 60%. This increased ownership raised our ADR valuation to $221 from $207 and is a step taken by Sureste’s management to diversify away from its Cancun airport. The airport in Puerto Rico, similar to the Mexican airports, benefits from a concession arrangement granted from the overseeing authority that provid...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.