Bank of New York Mellon Corp Has $7.29 Million Stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR)

Bank of New York Mellon Corp increased its holdings in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) by 0.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 28,305 shares of the transportation company’s stock after purchasing an additional 186 shares during the quarter. Bank of New York Mellon Corp owned approximately 0.09% of Grupo Aeroportuario del Sureste, S. A. B. de C. V. worth $7,292,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in ASR. National Bank of Canada FI acquired a new position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the third quarter worth $19,274,000. Fisher Funds Management LTD acquired a new position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the fourth quarter worth $13,464,000. State Street Corp boosted its holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 4.5% during 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. ABS Direct Equity Fund LLC boosted its holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 79.1% during the fourth quarter. ABS Direct Equity Fund LLC now owns 12,480 shares of the transportation company’s stock worth $3,215,000 after purchasing an additional 5,510 shares during the last quarter. Finally, Ativo Capital Management LLC acquired a new position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the fourth quarter worth $1,317,000. Institutional investors and hedge funds own 10.57% of the company’s stock.

Wall Street Analyst Weigh In

ASR has been the subject of a number of recent analyst reports. 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 for the company in a research note on Wednesday, February 12th. StockNews.com cut shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a “buy” rating to a “hold” rating in a research note on Thursday, November 21st.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. Stock Performance

Shares of ASR stock opened at $286.33 on Friday. The stock has a market cap of $8.59 billion, a P/E ratio of 10.79, a P/E/G ratio of 7.16 and a beta of 1.07. 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 company has a fifty day moving average price of $271.66 and a two-hundred day moving average price of $270.68. 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.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) last announced 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 during the quarter, compared to analyst estimates 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%. As a group, equities analysts predict 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. 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.