National Bank of Canada FI Decreases Stock Position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR)

National Bank of Canada FI cut its stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR - Free Report) by 4.7% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 64,971 shares of the transportation company's stock after selling 3,197 shares during the quarter. National Bank of Canada FI owned about 0.22% of Grupo Aeroportuario del Sureste, S. A. B. de C. V. worth $16,758,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the stock. Mirae Asset Global Investments Co. Ltd. increased its position 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 worth $91,000 after purchasing an additional 101 shares during the last quarter. Public Employees Retirement System of Ohio acquired a new stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the 3rd quarter worth approximately $112,000. Quantbot Technologies LP acquired a new stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the 3rd quarter worth approximately $177,000. US Bancorp DE raised its position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 7.2% during the 4th quarter. US Bancorp DE now owns 699 shares of the transportation company's stock valued at $180,000 after buying an additional 47 shares during the period. Finally, HighTower Advisors LLC lifted its holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 5.4% in the third quarter. HighTower Advisors LLC now owns 1,004 shares of the transportation company's stock valued at $285,000 after acquiring an additional 51 shares during the last quarter. Hedge funds and other institutional investors own 10.57% of the company's stock.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. Trading Up 6.3 %

NYSE ASR traded up $16.08 during trading hours on Wednesday, reaching $269.33. The company had a trading volume of 78,234 shares, compared to its average volume of 44,424. The company has a current ratio of 4.65, a quick ratio of 4.65 and a debt-to-equity ratio of 0.20. The stock has a market capitalization of $8.08 billion, a P/E ratio of 10.15, a price-to-earnings-growth ratio of 7.16 and a beta of 0.73. The stock has a 50-day moving average of $274.57 and a 200 day moving average of $271.02. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a 1-year low of $248.88 and a 1-year 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 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 company had revenue of $449.41 million during the quarter, compared to analyst estimates of $408.15 million. As a group, research analysts anticipate that Grupo Aeroportuario del Sureste, S. A. B. de C. V. will post 23 earnings per share for the current fiscal 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 on the stock 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.