JPMorgan Chase & Co. Raises Holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR)

JPMorgan Chase & Co. raised its holdings in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR - Free Report) by 2.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 249,572 shares of the transportation company's stock after purchasing an additional 6,552 shares during the period. JPMorgan Chase & Co. owned 0.83% of Grupo Aeroportuario del Sureste, S. A. B. de C. V. worth $64,297,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of ASR. Mirae Asset Global Investments Co. Ltd. raised its stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 41.2% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 346 shares of the transportation company's stock worth $91,000 after buying an additional 101 shares in the last quarter. Public Employees Retirement System of Ohio bought a new position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the 3rd quarter worth approximately $112,000. Quantbot Technologies LP purchased a new position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the 3rd quarter valued at approximately $177,000. US Bancorp DE boosted its position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 7.2% during the fourth quarter. US Bancorp DE now owns 699 shares of the transportation company's stock valued at $180,000 after purchasing an additional 47 shares in the last quarter. Finally, HighTower Advisors LLC grew its stake 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 worth $285,000 after purchasing an additional 51 shares during the period. Hedge funds and other institutional investors own 10.57% of the company's stock.

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

ASR traded up $16.08 during midday trading on Wednesday, reaching $269.33. The company's stock had a trading volume of 78,234 shares, compared to its average volume of 44,424. The stock's 50-day moving average is $274.57 and its 200-day moving average is $271.02. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a 1 year low of $248.79 and a 1 year high of $357.90. The firm has a market capitalization of $8.08 billion, a price-to-earnings ratio of 10.15, a PEG ratio of 7.16 and a beta of 0.73. The company has a current ratio of 4.65, a quick ratio of 4.65 and a debt-to-equity ratio of 0.20.

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

Wall Street Analysts Forecast Growth

Separately, Jefferies Financial Group lowered 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.

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.