Proficio Capital Partners LLC Purchases New Stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR)

Proficio Capital Partners LLC bought a new position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 18,034 shares of the transportation company's stock, valued at approximately $4,646,000. Proficio Capital Partners LLC owned approximately 0.06% of Grupo Aeroportuario del Sureste, S. A. B. de C. V. as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. State Street Corp raised its position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 4.5% during the 3rd quarter. State Street Corp now owns 164,576 shares of the transportation company's stock worth $46,536,000 after acquiring an additional 7,070 shares in the last quarter. National Bank of Canada FI purchased a new position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the 3rd quarter worth approximately $19,274,000. BNP Paribas Financial Markets grew its stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 6.8% during the 3rd quarter. BNP Paribas Financial Markets now owns 62,685 shares of the transportation company's stock worth $17,725,000 after buying an additional 4,010 shares during the last quarter. Fisher Funds Management LTD purchased a new position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the 4th quarter worth approximately $13,464,000. Finally, Bank of New York Mellon Corp grew its stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 0.7% during the 4th quarter. Bank of New York Mellon Corp now owns 28,305 shares of the transportation company's stock worth $7,292,000 after buying an additional 186 shares during the last quarter. Institutional investors and hedge funds own 10.57% of the company's stock.

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Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the company. Jefferies Financial Group dropped their price target 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 note on Wednesday, February 12th. StockNews.com downgraded Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a "buy" rating to a "hold" rating in a research note on Thursday, November 21st.

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

Shares of ASR stock traded down $3.00 during midday trading on Friday, hitting $265.76. The company had a trading volume of 32,656 shares, compared to its average volume of 50,776. The company's 50 day simple moving average is $271.12 and its 200 day simple moving average is $271.20. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a 52-week low of $248.88 and a 52-week high of $357.90. The stock has a market cap of $7.97 billion, a price-to-earnings ratio of 10.02, a PEG ratio of 7.16 and a beta of 1.07. 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. (NYSE:ASR - Get Free Report) last announced its 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). 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 company had revenue of $449.41 million during the quarter, compared to analysts' expectations of $408.15 million. 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.

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.