Dodge & Cox Acquires Shares of 1,800 Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR)

Dodge & Cox purchased a new position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 1,800 shares of the transportation company's stock, valued at approximately $464,000.

Other institutional investors also recently made changes to their positions in the company. Headlands Technologies LLC acquired a new stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the 4th quarter valued at about $61,000. Wells Fargo & Company MN raised its holdings in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 67.5% in the 4th quarter. Wells Fargo & Company MN now owns 345 shares of the transportation company's stock worth $89,000 after purchasing an additional 139 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its stake in 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 valued at $91,000 after purchasing an additional 101 shares during the last quarter. Public Employees Retirement System of Ohio bought a new stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the third quarter worth approximately $112,000. Finally, US Bancorp DE grew its position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 7.2% in the fourth quarter. US Bancorp DE now owns 699 shares of the transportation company's stock worth $180,000 after buying an additional 47 shares during the last quarter. 10.57% of the stock is owned by institutional investors and hedge funds.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. Trading Up 1.7 %

ASR traded up $4.91 during trading on Friday, reaching $289.67. The company had a trading volume of 61,942 shares, compared to its average volume of 45,071. The firm's 50-day simple moving average is $275.55 and its 200 day simple moving average is $270.90. The company has a debt-to-equity ratio of 0.20, a quick ratio of 4.65 and a current ratio of 4.65. The company has a market cap of $8.69 billion, a price-to-earnings ratio of 10.92, a PEG ratio of 7.16 and a beta of 0.73. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a 12-month low of $248.88 and a 12-month high of $357.90.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR - Get Free Report) last released its quarterly earnings results 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 firm had revenue of $449.41 million for the quarter, compared to analyst estimates of $408.15 million. Equities research analysts anticipate that Grupo Aeroportuario del Sureste, S. A. B. de C. V. will post 23 earnings per share for the current year.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group cut their price objective 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 report on Wednesday, February 12th.

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