Proficio Capital Partners LLC Invests $4.65 Million in Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR)

Proficio Capital Partners LLC purchased a new stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 18,034 shares of the transportation company’s stock, valued at approximately $4,646,000. Proficio Capital Partners LLC owned 0.06% of Grupo Aeroportuario del Sureste, S. A. B. de C. V. as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in ASR. The Manufacturers Life Insurance Company purchased a new position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the 3rd quarter valued at approximately $534,000. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the third quarter worth $632,000. SG Americas Securities LLC grew its position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 163.5% in the 4th quarter. SG Americas Securities LLC now owns 1,839 shares of the transportation company’s stock valued at $474,000 after buying an additional 1,141 shares during the last quarter. Fisher Funds Management LTD acquired a new position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the 4th quarter valued at $13,464,000. Finally, State Street Corp raised its position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 4.5% during the 3rd quarter. State Street Corp now owns 164,576 shares of the transportation company’s stock worth $46,536,000 after buying an additional 7,070 shares during the last quarter. Institutional investors and hedge funds own 10.57% of the company’s stock.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. Trading Up 3.5 %

Shares of ASR stock opened at $296.04 on Tuesday. The business’s fifty day moving average price is $272.33 and its 200 day moving average price is $270.85. The firm has a market capitalization of $8.88 billion, a PE ratio of 11.16, 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. 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.

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 earnings per share for the quarter, missing analysts’ consensus estimates of $5.54 by ($0.06). The company had revenue of $449.41 million for the quarter, compared to analyst estimates of $408.15 million. 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%. As a group, sell-side analysts forecast that Grupo Aeroportuario del Sureste, S. A. B. de C. V. will post 23 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on ASR shares. Jefferies Financial Group lowered their target price 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 downgraded 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. 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.