Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) Shares Sold by Mackenzie Financial Corp

Mackenzie Financial Corp trimmed its position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) by 16.5% during the fourth quarter, Holdings Channel reports. The firm owned 34,849 shares of the transportation company’s stock after selling 6,903 shares during the quarter. Mackenzie Financial Corp’s holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. were worth $10,255,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. lifted its stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 12,500.3% during the first quarter. Envestnet Asset Management Inc. now owns 619,305 shares of the transportation company’s stock worth $1,201,000 after purchasing an additional 614,390 shares in the last quarter. BlackRock Inc. increased its position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 10.0% during the first quarter. BlackRock Inc. now owns 360,238 shares of the transportation company’s stock worth $79,830,000 after acquiring an additional 32,860 shares during the period. WCM Investment Management LLC increased its position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 3.0% during the first quarter. WCM Investment Management LLC now owns 255,120 shares of the transportation company’s stock worth $78,187,000 after acquiring an additional 7,497 shares during the period. State Street Corp increased its position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 3.9% during the second quarter. State Street Corp now owns 209,158 shares of the transportation company’s stock worth $41,077,000 after acquiring an additional 7,922 shares during the period. Finally, Morgan Stanley increased its position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 19.1% during the third quarter. Morgan Stanley now owns 145,555 shares of the transportation company’s stock worth $35,765,000 after acquiring an additional 23,306 shares during the period. 10.57% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the company. StockNews.com lowered Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a “buy” rating to a “hold” rating in a research report on Thursday, April 4th. Barclays lowered 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. Finally, The Goldman Sachs Group raised Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a “sell” rating to a “buy” rating and upped their price objective for the stock from $274.00 to $326.00 in a research report on Friday, January 26th. One analyst has rated the stock with a sell rating, two have given a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $274.00.

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

NYSE:ASR opened at $307.27 on Friday. The firm has a market capitalization of $9.22 billion, a PE ratio of 15.69, a price-to-earnings-growth ratio of 2.92 and a beta of 1.18. The business’s fifty day moving average price is $305.81 and its 200 day moving average price is $271.63. The company has a debt-to-equity ratio of 0.21, a current ratio of 4.26 and a quick ratio of 2.97. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a 12 month low of $165.00 and a 12 month high of $334.13.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) last posted its earnings results on Monday, February 26th. The transportation company reported $4.99 EPS for the quarter, missing the consensus estimate of $5.78 by ($0.79). The business had revenue of $392.31 million during the quarter. Grupo Aeroportuario del Sureste, S. A. B. de C. V. had a net margin of 39.55% and a return on equity of 20.77%. On average, sell-side analysts anticipate that Grupo Aeroportuario del Sureste, S. A. B. de C. V. will post 23.61 earnings per share for the current fiscal year.

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