Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) Stake Lowered by Sei Investments Co.

Sei Investments Co. reduced its position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR - Free Report) by 7.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 23,742 shares of the transportation company's stock after selling 1,965 shares during the period. Sei Investments Co. owned approximately 0.08% of Grupo Aeroportuario del Sureste, S. A. B. de C. V. worth $6,117,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of ASR. The Manufacturers Life Insurance Company acquired a new position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the 3rd quarter worth approximately $534,000. Quantbot Technologies LP bought a new stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the third quarter worth approximately $177,000. FMR LLC grew its position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 202.2% in the third quarter. FMR LLC now owns 2,079 shares of the transportation company's stock worth $588,000 after buying an additional 1,391 shares during the last quarter. HighTower Advisors LLC increased its holdings in shares of 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 buying an additional 51 shares in the last quarter. Finally, State Street Corp lifted 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 valued at $46,536,000 after acquiring an additional 7,070 shares during the last quarter. 10.57% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group decreased 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 report on Wednesday, February 12th.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. Trading Down 5.2 %

Shares of ASR traded down $14.86 during midday trading on Friday, hitting $270.83. The stock had a trading volume of 106,136 shares, compared to its average volume of 44,138. The business has a 50-day simple moving average of $276.30 and a two-hundred day simple moving average of $271.82. The firm has a market cap of $8.12 billion, a P/E ratio of 10.21, a price-to-earnings-growth 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. has a fifty-two week low of $248.88 and a fifty-two week high of $357.90.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR - Get Free Report) last released its 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 business had revenue of $449.41 million during the quarter, compared to analysts' expectations of $408.15 million. As a group, equities analysts forecast 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. Company 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.