AGF Management Ltd. Takes Position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR)

AGF Management Ltd. purchased a new position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 3,209 shares of the transportation company’s stock, valued at approximately $827,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Metis Global Partners LLC boosted its holdings in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 34.9% during the 3rd quarter. Metis Global Partners LLC now owns 8,804 shares of the transportation company’s stock valued at $2,489,000 after buying an additional 2,277 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. purchased a new position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the 3rd quarter valued at about $632,000. The Manufacturers Life Insurance Company bought a new stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the third quarter worth about $534,000. Quantbot Technologies LP purchased a new stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the third quarter worth about $177,000. Finally, FMR LLC increased its stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 202.2% during the third quarter. FMR LLC now owns 2,079 shares of the transportation company’s stock valued at $588,000 after purchasing an additional 1,391 shares in the last quarter. 10.57% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

ASR has been the topic of a number of analyst reports. StockNews.com cut Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a “buy” rating to a “hold” rating in a research report on Thursday, November 21st. Jefferies Financial Group dropped 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. Stock Performance

Shares of ASR stock opened at $286.33 on Friday. The company has a market capitalization of $8.59 billion, a price-to-earnings ratio of 10.79, a price-to-earnings-growth ratio of 7.16 and a beta of 1.07. 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. has a one year low of $248.88 and a one year high of $357.90. The company’s 50-day moving average is $271.66 and its 200 day moving average is $270.64.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) last posted its quarterly earnings results on Monday, February 24th. The transportation company reported $5.48 EPS for the quarter, missing analysts’ consensus estimates of $5.54 by ($0.06). The firm had revenue of $449.41 million for the quarter, compared to analysts’ expectations of $408.15 million. 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%. Sell-side analysts expect that Grupo Aeroportuario del Sureste, S. A. B. de C. V. will post 23 EPS for the current fiscal year.

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.