Grantham Mayo Van Otterloo & Co. LLC Acquires 3,700 Shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR)

Grantham Mayo Van Otterloo & Co. LLC raised its holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR - Free Report) by 18.8% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 23,384 shares of the transportation company's stock after purchasing an additional 3,700 shares during the quarter. Grantham Mayo Van Otterloo & Co. LLC owned approximately 0.08% of Grupo Aeroportuario del Sureste, S. A. B. de C. V. worth $6,024,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. The Manufacturers Life Insurance Company bought a new position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the third quarter worth about $534,000. AGF Management Ltd. bought a new position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the 4th quarter valued at $827,000. Fisher Funds Management LTD bought a new stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the fourth quarter worth $13,464,000. SG Americas Securities LLC lifted its stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 163.5% during the fourth quarter. SG Americas Securities LLC now owns 1,839 shares of the transportation company's stock valued at $474,000 after acquiring an additional 1,141 shares during the period. Finally, State Street Corp boosted 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 valued at $46,536,000 after acquiring an additional 7,070 shares during the last quarter. Institutional investors and hedge funds own 10.57% of the company's stock.

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Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group dropped their price target 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. Trading Up 2.5 %

NYSE ASR traded up $6.61 during trading on Friday, reaching $272.37. 32,422 shares of the stock traded hands, compared to its average volume of 44,444. The firm has a market cap of $8.17 billion, a price-to-earnings ratio of 10.34, a price-to-earnings-growth ratio of 7.16 and a beta of 0.73. 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 company has a quick ratio of 4.65, a current ratio of 4.65 and a debt-to-equity ratio of 0.20. The stock's 50-day moving average price is $274.43 and its 200 day moving average price is $270.83.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR - Get Free Report) last announced its quarterly earnings results on Monday, February 24th. The transportation company reported $5.48 earnings per share (EPS) for the quarter, missing the consensus estimate of $5.54 by ($0.06). 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%. The business had revenue of $449.41 million during the quarter, compared to the consensus estimate of $408.15 million. Analysts predict that Grupo Aeroportuario del Sureste, S. A. B. de C. V. will post 23 EPS for the current year.

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.