William Blair Investment Management LLC Lowers Holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR)

William Blair Investment Management LLC trimmed its position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) by 3.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 49,333 shares of the transportation company’s stock after selling 1,576 shares during the quarter. William Blair Investment Management LLC’s holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. were worth $12,710,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in ASR. Mirae Asset Global Investments Co. Ltd. lifted its stake 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 during the period. Public Employees Retirement System of Ohio purchased a new stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the third quarter worth $112,000. Quantbot Technologies LP purchased a new stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the third quarter worth $177,000. US Bancorp DE lifted its holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 7.2% during the fourth quarter. US Bancorp DE now owns 699 shares of the transportation company’s stock worth $180,000 after buying an additional 47 shares during the period. Finally, HighTower Advisors LLC lifted its holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 5.4% during the third quarter. HighTower Advisors LLC now owns 1,004 shares of the transportation company’s stock worth $285,000 after buying an additional 51 shares during the period. 10.57% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on ASR shares. Jefferies Financial Group decreased their price objective on 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 research note 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 research report on Thursday, November 21st.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. Stock Up 1.0 %

Grupo Aeroportuario del Sureste, S. A. B. de C. V. stock opened at $287.75 on Thursday. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a 1-year low of $248.88 and a 1-year high of $357.90. The business has a fifty day moving average price of $273.24 and a 200-day moving average price of $271.09. The company has a debt-to-equity ratio of 0.20, a current ratio of 4.65 and a quick ratio of 4.65. The stock has a market capitalization of $8.63 billion, a price-to-earnings ratio of 10.85, a PEG ratio of 7.16 and a beta of 1.07.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) last issued its quarterly 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 return on equity of 26.25% and a net margin of 50.08%. The business had revenue of $449.41 million during the quarter, compared to analyst estimates of $408.15 million. Equities research analysts forecast 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.