William Blair Investment Management LLC Sells 1,576 Shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR)

William Blair Investment Management LLC lessened its stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR - Free Report) by 3.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 49,333 shares of the transportation company's stock after selling 1,576 shares during the quarter. William Blair Investment Management LLC owned about 0.16% of Grupo Aeroportuario del Sureste, S. A. B. de C. V. worth $12,710,000 at the end of the most recent reporting period.

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

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Grupo Aeroportuario del Sureste, S. A. B. de C. V. Stock Up 1.1 %

ASR traded up $3.12 during midday trading on Monday, reaching $284.88. 32,592 shares of the company were exchanged, compared to its average volume of 42,558. The company has a market cap of $8.55 billion, a price-to-earnings ratio of 10.74, a price-to-earnings-growth ratio of 7.16 and a beta of 1.07. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a one year low of $248.88 and a one year high of $357.90. The company's fifty day moving average price is $274.25 and its 200 day moving average price is $271.37. The company has a debt-to-equity ratio of 0.20, a quick ratio of 4.65 and a current ratio of 4.65.

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 company had revenue of $449.41 million for the quarter, compared to the consensus estimate of $408.15 million. As a group, analysts expect that Grupo Aeroportuario del Sureste, S. A. B. de C. V. will post 23 EPS for the current year.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group reduced their price objective 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 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.