Maryland State Retirement & Pension System Buys 1,256 Shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR)

Maryland State Retirement & Pension System increased its position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) by 5.8% during the fourth quarter, HoldingsChannel.com reports. The firm owned 22,962 shares of the transportation company’s stock after acquiring an additional 1,256 shares during the quarter. Maryland State Retirement & Pension System’s holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. were worth $5,916,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of ASR. State Street Corp increased its position in shares of 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 valued at $46,536,000 after acquiring an additional 7,070 shares in the last quarter. National Bank of Canada FI bought a new stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the 3rd quarter worth $19,274,000. BNP Paribas Financial Markets raised its stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 6.8% in the third quarter. BNP Paribas Financial Markets now owns 62,685 shares of the transportation company’s stock worth $17,725,000 after purchasing an additional 4,010 shares during the last quarter. Fisher Funds Management LTD bought a new position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the fourth quarter valued at $13,464,000. Finally, Bank of New York Mellon Corp boosted its position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 0.7% during the fourth quarter. Bank of New York Mellon Corp now owns 28,305 shares of the transportation company’s stock valued at $7,292,000 after buying an additional 186 shares during the last quarter. 10.57% of the stock is owned by hedge funds and other institutional investors.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. Stock Up 1.0 %

Grupo Aeroportuario del Sureste, S. A. B. de C. V. stock opened at $287.75 on Thursday. 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. The stock has a fifty day moving average of $273.24 and a 200 day moving average of $271.09. The company has a debt-to-equity ratio of 0.20, a quick ratio of 4.65 and a current ratio of 4.65. The stock has a market cap of $8.63 billion, a PE ratio of 10.85, a price-to-earnings-growth ratio of 7.16 and a beta of 1.07.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) last released its quarterly 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). 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 predict that Grupo Aeroportuario del Sureste, S. A. B. de C. V. will post 23 EPS for the current year.

Wall Street Analyst Weigh In

Several research firms have issued reports on ASR. 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. Jefferies Financial Group dropped 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.

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