Quantbot Technologies LP Sells 88 Shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR)

Quantbot Technologies LP lowered its holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) by 14.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 538 shares of the transportation company’s stock after selling 88 shares during the quarter. Quantbot Technologies LP’s holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. were worth $139,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of ASR. National Bank of Canada FI bought a new stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the third quarter worth about $19,274,000. Fisher Funds Management LTD bought a new stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the 4th quarter worth approximately $13,464,000. Proficio Capital Partners LLC purchased a new position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the 4th quarter worth $4,646,000. State Street Corp grew its stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 4.5% in the 3rd quarter. State Street Corp now owns 164,576 shares of the transportation company’s stock worth $46,536,000 after acquiring an additional 7,070 shares in the last quarter. Finally, ABS Direct Equity Fund LLC raised its holdings 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 valued at $3,215,000 after purchasing an additional 5,510 shares during the last quarter. Institutional investors and hedge funds own 10.57% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, 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.

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

Shares of ASR opened at $275.22 on Monday. The stock has a 50 day moving average of $275.76 and a 200 day moving average of $272.02. The company has a market capitalization of $8.26 billion, a price-to-earnings ratio of 10.37, a PEG ratio of 7.16 and a beta of 1.07. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a 12 month low of $248.88 and a 12 month high of $357.90. The company has a current ratio of 4.65, a quick 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 announced its earnings results on Monday, February 24th. The transportation company reported $5.48 earnings per share (EPS) for the quarter, missing the consensus estimate of $5.54 by ($0.06). The business had revenue of $449.41 million for the quarter, compared to analysts’ expectations 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, sell-side analysts forecast that Grupo Aeroportuario del Sureste, S. A. B. de C. V. will post 23 earnings per share 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.