Arrowstreet Capital Limited Partnership Invests $4.19 Million in Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR)

Arrowstreet Capital Limited Partnership bought a new stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 16,252 shares of the transportation company’s stock, valued at approximately $4,187,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Mirae Asset Global Investments Co. Ltd. increased its holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 41.2% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 346 shares of the transportation company’s stock worth $91,000 after buying an additional 101 shares during the last quarter. Public Employees Retirement System of Ohio bought a new position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the third quarter worth about $112,000. US Bancorp DE raised its position 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 buying an additional 47 shares in the last quarter. HighTower Advisors LLC raised its holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 5.4% in the 3rd quarter. HighTower Advisors LLC now owns 1,004 shares of the transportation company’s stock valued at $285,000 after acquiring an additional 51 shares in the last quarter. Finally, Blue Trust Inc. raised its stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 55.6% in the fourth quarter. Blue Trust Inc. now owns 1,061 shares of the transportation company’s stock valued at $300,000 after purchasing an additional 379 shares in the last quarter. 10.57% of the stock is currently owned by institutional investors and hedge funds.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. Stock Down 2.5 %

Shares of NYSE:ASR opened at $253.12 on Wednesday. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a 52-week low of $248.88 and a 52-week high of $357.90. The company has a market capitalization of $7.59 billion, a PE ratio of 9.54, a price-to-earnings-growth ratio of 7.16 and a beta of 0.73. The company has a debt-to-equity ratio of 0.20, a quick ratio of 4.65 and a current ratio of 4.65. The company has a fifty day moving average of $274.95 and a 200-day moving average of $271.20.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) last issued its quarterly earnings data on Monday, February 24th. The transportation company reported $5.48 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $5.54 by ($0.06). The business 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%. On average, equities analysts predict that Grupo Aeroportuario del Sureste, S. A. B. de C. V. will post 23 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group lowered 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 report on Wednesday, February 12th.

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.