Connor Clark & Lunn Investment Management Ltd. Acquires 194 Shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR)

Connor Clark & Lunn Investment Management Ltd. raised its holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) by 8.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 2,428 shares of the transportation company’s stock after acquiring an additional 194 shares during the quarter. Connor Clark & Lunn Investment Management Ltd.’s holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. were worth $626,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Mirae Asset Global Investments Co. Ltd. boosted its position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 41.2% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 346 shares of the transportation company’s stock worth $91,000 after purchasing an additional 101 shares in the last quarter. Public Employees Retirement System of Ohio bought a new position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the third quarter worth $112,000. Quantbot Technologies LP bought a new position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the third quarter worth $177,000. US Bancorp DE boosted its position in shares of 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 purchasing an additional 47 shares in the last quarter. Finally, HighTower Advisors LLC boosted its position in shares of 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 purchasing an additional 51 shares in the last quarter. 10.57% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Separately, Jefferies Financial Group reduced 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 research report on Wednesday, February 12th.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. Trading Down 1.8 %

Shares of NYSE ASR opened at $281.79 on Friday. The stock has a market cap of $8.45 billion, a price-to-earnings ratio of 10.62, a P/E/G ratio of 7.16 and a beta of 1.07. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a twelve month low of $248.88 and a twelve month high of $357.90. The company’s fifty day moving average is $274.25 and its 200-day moving average is $271.33. The company has a quick ratio of 4.65, a current ratio of 4.65 and a debt-to-equity ratio of 0.20.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) last posted its quarterly earnings data on Monday, February 24th. The transportation company reported $5.48 EPS for the quarter, missing the consensus estimate of $5.54 by ($0.06). The company had revenue of $449.41 million during the quarter, compared to the consensus estimate 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%. Equities research analysts predict that Grupo Aeroportuario del Sureste, S. A. B. de C. V. will post 23 EPS for the current 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.