16,252 Shares in Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) Purchased by Arrowstreet Capital Limited Partnership

Arrowstreet Capital Limited Partnership bought a new stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 16,252 shares of the transportation company's stock, valued at approximately $4,187,000. Arrowstreet Capital Limited Partnership owned about 0.05% of Grupo Aeroportuario del Sureste, S. A. B. de C. V. at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. The Manufacturers Life Insurance Company bought a new stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the third quarter worth approximately $534,000. FMR LLC lifted its position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 202.2% during the 3rd quarter. FMR LLC now owns 2,079 shares of the transportation company's stock valued at $588,000 after acquiring an additional 1,391 shares during the period. HighTower Advisors LLC boosted its stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 5.4% during the third quarter. HighTower Advisors LLC now owns 1,004 shares of the transportation company's stock worth $285,000 after acquiring an additional 51 shares in the last quarter. State Street Corp grew its holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 4.5% in 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 during the period. Finally, National Bank of Canada FI bought a new stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the third quarter valued at $19,274,000. Institutional investors and hedge funds own 10.57% of the company's stock.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. Stock Up 4.2 %

NYSE ASR traded up $11.50 during mid-day trading on Monday, hitting $285.20. The company's stock had a trading volume of 5,097 shares, compared to its average volume of 44,444. The firm has a market capitalization of $8.56 billion, a price-to-earnings ratio of 10.66, a PEG ratio of 7.16 and a beta of 0.73. The company's 50 day simple moving average is $274.45 and its 200 day simple moving average is $270.64. The company has a current ratio of 4.65, a quick 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 twelve month low of $248.88 and a twelve month high of $357.90.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR - Get Free Report) 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). 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%. The business had revenue of $449.41 million for the quarter, compared to analyst estimates of $408.15 million. Analysts anticipate that Grupo Aeroportuario del Sureste, S. A. B. de C. V. will post 23 earnings per share for the current year.

Analysts Set New Price Targets

Separately, Jefferies Financial Group reduced 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 for the company in a research note 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.