Dodge & Cox Invests $464,000 in Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR)

Dodge & Cox acquired a new stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR - Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 1,800 shares of the transportation company's stock, valued at approximately $464,000.

Several other institutional investors and hedge funds have also modified their holdings of ASR. Fisher Funds Management LTD acquired a new position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the fourth quarter worth about $13,464,000. Proficio Capital Partners LLC purchased a new position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the 4th quarter valued at about $4,646,000. Arrowstreet Capital Limited Partnership acquired a new position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the 4th quarter worth about $4,187,000. State Street Corp boosted its position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 4.5% during the third quarter. State Street Corp now owns 164,576 shares of the transportation company's stock worth $46,536,000 after purchasing an additional 7,070 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 2.7% in the fourth quarter. JPMorgan Chase & Co. now owns 249,572 shares of the transportation company's stock valued at $64,297,000 after purchasing an additional 6,552 shares during the period. Institutional investors and hedge funds own 10.57% of the company's stock.

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

Shares of NYSE ASR traded down $2.00 during trading on Monday, hitting $287.22. The company had a trading volume of 4,245 shares, compared to its average volume of 44,919. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a fifty-two week low of $248.88 and a fifty-two week high of $357.90. 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 stock has a fifty day simple moving average of $275.55 and a two-hundred day simple moving average of $270.87. The firm has a market capitalization of $8.62 billion, a price-to-earnings ratio of 10.83, a price-to-earnings-growth ratio of 7.16 and a beta of 0.73.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR - Get Free Report) last posted its quarterly earnings data on Monday, February 24th. The transportation company reported $5.48 EPS for the quarter, missing the consensus estimate of $5.54 by ($0.06). The firm had revenue of $449.41 million for the quarter, compared to analysts' expectations of $408.15 million. Grupo Aeroportuario del Sureste, S. A. B. de C. V. had a return on equity of 26.25% and a net margin of 50.08%. On average, research analysts expect that Grupo Aeroportuario del Sureste, S. A. B. de C. V. will post 23 earnings per share for the current year.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group decreased their target price on Grupo Aeroportuario del Sureste, S. A. B. de C. V. from $321.00 to $310.00 and set a "hold" rating on the stock in a research report on Wednesday, February 12th.

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.