American Century Companies Inc. raised its stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR – Free Report) by 5.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 22,757 shares of the transportation company’s stock after purchasing an additional 1,195 shares during the period. American Century Companies Inc. owned approximately 0.08% of Grupo Aeroportuario del Sureste, S. A. B. de C. V. worth $5,863,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently bought and sold shares of ASR. Mirae Asset Global Investments Co. Ltd. lifted its stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 41.2% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 346 shares of the transportation company’s stock valued at $91,000 after buying an additional 101 shares during the period. Public Employees Retirement System of Ohio acquired a new stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the 3rd quarter worth approximately $112,000. Quantbot Technologies LP bought a new stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the third quarter valued at approximately $177,000. US Bancorp DE raised its stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 7.2% in the fourth quarter. US Bancorp DE now owns 699 shares of the transportation company’s stock valued at $180,000 after purchasing an additional 47 shares in the last quarter. Finally, HighTower Advisors LLC lifted its position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 5.4% in the third quarter. HighTower Advisors LLC now owns 1,004 shares of the transportation company’s stock worth $285,000 after purchasing an additional 51 shares during the period. 10.57% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
Separately, Jefferies Financial Group dropped their price objective on shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. from $321.00 to $310.00 and set a “hold” rating for the company in a research note on Wednesday, February 12th.
Grupo Aeroportuario del Sureste, S. A. B. de C. V. Stock Down 5.2 %
Shares of ASR opened at $270.83 on Friday. The company has a quick ratio of 4.65, a current ratio of 4.65 and a debt-to-equity ratio of 0.20. The company has a 50-day moving average price of $276.30 and a two-hundred day moving average price of $272.05. The stock has a market cap of $8.12 billion, a price-to-earnings ratio of 10.21, a P/E/G ratio of 7.16 and a beta of 0.73. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a 12 month low of $248.88 and a 12 month high of $357.90.
Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR – Get Free Report) last announced its quarterly earnings results on Monday, February 24th. The transportation company reported $5.48 earnings per share for the quarter, missing analysts’ consensus estimates of $5.54 by ($0.06). The company had revenue of $449.41 million during the quarter, compared to the consensus estimate of $408.15 million. Grupo Aeroportuario del Sureste, S. A. B. de C. V. had a net margin of 50.08% and a return on equity of 26.25%. Equities analysts predict that Grupo Aeroportuario del Sureste, S. A. B. de C. V. will post 23 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.
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