Abacus FCF Advisors LLC Purchases Shares of 1,488 Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR)

Abacus FCF Advisors LLC purchased a new position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR - Free Report) during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 1,488 shares of the transportation company's stock, valued at approximately $383,000.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Headlands Technologies LLC bought a new position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the fourth quarter valued at about $61,000. Wells Fargo & Company MN grew its position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 67.5% during the 4th quarter. Wells Fargo & Company MN now owns 345 shares of the transportation company's stock worth $89,000 after buying an additional 139 shares during the period. Mirae Asset Global Investments Co. Ltd. raised its stake in shares of 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. in the third quarter valued at approximately $112,000. Finally, US Bancorp DE grew its holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 7.2% during the 4th quarter. US Bancorp DE now owns 699 shares of the transportation company's stock worth $180,000 after acquiring an additional 47 shares during the period. Institutional investors own 10.57% of the company's stock.

Wall Street Analysts Forecast Growth

Separately, Jefferies Financial Group lowered their target price 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. Price Performance

Shares of ASR stock traded up $9.81 during trading hours on Monday, reaching $283.51. The company's stock had a trading volume of 15,197 shares, compared to its average volume of 53,213. The company has a market capitalization of $8.51 billion, a price-to-earnings ratio of 10.69, a PEG ratio of 7.16 and a beta of 0.73. The company has a quick ratio of 4.65, a current ratio of 4.65 and a debt-to-equity ratio of 0.20. 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 firm's 50 day simple moving average is $274.45 and its 200-day simple moving average is $270.64.

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 earnings per share 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 analyst estimates 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%. Sell-side analysts forecast that Grupo Aeroportuario del Sureste, S. A. B. de C. V. will post 23 earnings per share for the current 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.