Mackenzie Financial Corp Sells 6,903 Shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR)

Mackenzie Financial Corp reduced its position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR - Free Report) by 16.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 34,849 shares of the transportation company's stock after selling 6,903 shares during the period. Mackenzie Financial Corp owned 0.12% of Grupo Aeroportuario del Sureste, S. A. B. de C. V. worth $10,255,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Blue Trust Inc. increased its position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 62.6% during the fourth quarter. Blue Trust Inc. now owns 187 shares of the transportation company's stock valued at $55,000 after acquiring an additional 72 shares in the last quarter. Signaturefd LLC increased its position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 30.6% during the third quarter. Signaturefd LLC now owns 269 shares of the transportation company's stock valued at $66,000 after acquiring an additional 63 shares in the last quarter. Atlas Capital Advisors LLC increased its position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 21.0% during the second quarter. Atlas Capital Advisors LLC now owns 248 shares of the transportation company's stock valued at $69,000 after acquiring an additional 43 shares in the last quarter. BNP Paribas Arbitrage SA increased its position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 48.3% during the second quarter. BNP Paribas Arbitrage SA now owns 559 shares of the transportation company's stock valued at $110,000 after acquiring an additional 182 shares in the last quarter. Finally, BNP Paribas Arbitrage SNC increased its position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 21.8% during the third quarter. BNP Paribas Arbitrage SNC now owns 681 shares of the transportation company's stock valued at $134,000 after acquiring an additional 122 shares in the last quarter. 10.57% of the stock is currently owned by hedge funds and other institutional investors.

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

Shares of ASR stock traded up $1.07 during mid-day trading on Friday, reaching $308.21. 42,875 shares of the company's stock traded hands, compared to its average volume of 32,818. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a 12 month low of $165.00 and a 12 month high of $334.13. The firm has a 50 day moving average price of $305.81 and a two-hundred day moving average price of $271.87. The company has a debt-to-equity ratio of 0.21, a quick ratio of 2.97 and a current ratio of 4.26. The firm has a market capitalization of $9.25 billion, a PE ratio of 15.74, a price-to-earnings-growth ratio of 2.96 and a beta of 1.18.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR - Get Free Report) last issued its quarterly earnings data on Monday, February 26th. The transportation company reported $4.99 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $5.78 by ($0.79). Grupo Aeroportuario del Sureste, S. A. B. de C. V. had a net margin of 39.55% and a return on equity of 20.77%. The business had revenue of $392.31 million for the quarter. On average, research analysts forecast that Grupo Aeroportuario del Sureste, S. A. B. de C. V. will post 23.61 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the stock. The Goldman Sachs Group raised shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a "sell" rating to a "buy" rating and lifted their target price for the stock from $274.00 to $326.00 in a research report on Friday, January 26th. Barclays downgraded shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. from an "overweight" rating to an "equal weight" rating in a research report on Wednesday, March 13th. Finally, StockNews.com downgraded shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a "buy" rating to a "hold" rating in a research report on Thursday, April 4th. One research analyst has rated the stock with a sell rating, two have given a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, Grupo Aeroportuario del Sureste, S. A. B. de C. V. currently has an average rating of "Hold" and a consensus price target of $274.00.

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

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.