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

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

Several other large investors have also recently modified their holdings of the stock. National Bank of Canada FI bought a new position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the 3rd quarter worth approximately $19,274,000. Fisher Funds Management LTD purchased a new stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the fourth quarter valued at approximately $13,464,000. Proficio Capital Partners LLC bought a new position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the fourth quarter worth approximately $4,646,000. State Street Corp grew its holdings in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 4.5% in the third quarter. State Street Corp now owns 164,576 shares of the transportation company’s stock worth $46,536,000 after purchasing an additional 7,070 shares during the last quarter. Finally, ABS Direct Equity Fund LLC increased its stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 79.1% in the fourth quarter. ABS Direct Equity Fund LLC now owns 12,480 shares of the transportation company’s stock worth $3,215,000 after buying an additional 5,510 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. Price Performance

ASR opened at $286.33 on Friday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 4.65 and a current ratio of 4.65. The stock has a market capitalization of $8.59 billion, a PE ratio of 10.79, a price-to-earnings-growth ratio of 7.16 and a beta of 1.07. The stock’s 50 day moving average price is $271.66 and its 200-day moving average price is $270.64. 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.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) last issued its quarterly earnings data 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 company had revenue of $449.41 million for the quarter, compared to analysts’ expectations of $408.15 million. On average, equities research analysts predict that Grupo Aeroportuario del Sureste, S. A. B. de C. V. will post 23 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the stock. Jefferies Financial Group cut their price target on shares of 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. StockNews.com lowered shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a “buy” rating to a “hold” rating in a report on Thursday, November 21st.

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.