Bank of New York Mellon Corp Buys 186 Shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR)

Bank of New York Mellon Corp grew its stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) by 0.7% during the 4th quarter, Holdings Channel.com reports. The firm owned 28,305 shares of the transportation company’s stock after acquiring an additional 186 shares during the period. Bank of New York Mellon Corp’s holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. were worth $7,292,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently modified their holdings of the company. The Manufacturers Life Insurance Company bought a new position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the third quarter valued at about $534,000. Connor Clark & Lunn Investment Management Ltd. bought a new position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the third quarter worth about $632,000. SG Americas Securities LLC increased its position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 163.5% during the fourth quarter. SG Americas Securities LLC now owns 1,839 shares of the transportation company’s stock worth $474,000 after acquiring an additional 1,141 shares during the period. State Street Corp increased its position 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 acquiring an additional 7,070 shares during the period. Finally, Fisher Funds Management LTD bought a new position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the fourth quarter worth about $13,464,000. 10.57% of the stock is owned by institutional investors.

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

NYSE:ASR opened at $286.33 on Friday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 4.65 and a current ratio of 4.65. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a 52 week low of $248.88 and a 52 week high of $357.90. The firm has a market cap of $8.59 billion, a price-to-earnings ratio of 10.79, a P/E/G ratio of 7.16 and a beta of 1.07. The firm’s 50-day simple moving average is $271.66 and its 200 day simple moving average is $270.68.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) last released its earnings results on Monday, February 24th. The transportation company reported $5.48 EPS 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 net margin of 50.08% and a return on equity of 26.25%. The firm had revenue of $449.41 million during the quarter, compared to the consensus estimate of $408.15 million. As a group, sell-side analysts predict that Grupo Aeroportuario del Sureste, S. A. B. de C. V. will post 23 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research firms recently commented on ASR. Jefferies Financial Group lowered 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. 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. 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.