Maryland State Retirement & Pension System Buys 1,256 Shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR)

Maryland State Retirement & Pension System lifted its stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) by 5.8% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 22,962 shares of the transportation company’s stock after acquiring an additional 1,256 shares during the period. Maryland State Retirement & Pension System owned approximately 0.08% of Grupo Aeroportuario del Sureste, S. A. B. de C. V. worth $5,916,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. National Bank of Canada FI bought a new stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the third quarter worth about $19,274,000. Fisher Funds Management LTD bought a new stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the 4th quarter worth approximately $13,464,000. Proficio Capital Partners LLC purchased a new stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the fourth quarter worth approximately $4,646,000. State Street Corp grew 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 valued at $46,536,000 after acquiring an additional 7,070 shares during the last quarter. Finally, ABS Direct Equity Fund LLC raised its stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 79.1% during the fourth quarter. ABS Direct Equity Fund LLC now owns 12,480 shares of the transportation company’s stock worth $3,215,000 after acquiring an additional 5,510 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. Price Performance

Shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. stock opened at $287.75 on Thursday. The company has a debt-to-equity ratio of 0.20, a current ratio of 4.65 and a quick ratio of 4.65. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a one year low of $248.88 and a one year high of $357.90. The business’s 50 day simple moving average is $273.24 and its two-hundred day simple moving average is $271.09. The stock has a market capitalization of $8.63 billion, a P/E ratio of 10.85, a price-to-earnings-growth ratio of 7.16 and a beta of 1.07.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) last posted its quarterly earnings results on Monday, February 24th. The transportation company reported $5.48 EPS for the quarter, missing analysts’ consensus estimates of $5.54 by ($0.06). The firm had revenue of $449.41 million for 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%. Analysts forecast that Grupo Aeroportuario del Sureste, S. A. B. de C. V. will post 23 EPS for the current year.

Analyst Ratings Changes

A number of brokerages have recently issued reports on ASR. Jefferies Financial Group cut 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 note on Wednesday, February 12th. StockNews.com lowered 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, November 21st.

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.