Russell Investments Group Ltd. Has $19.03 Million Position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR)

Russell Investments Group Ltd. reduced its stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) by 4.9% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 73,859 shares of the transportation company’s stock after selling 3,798 shares during the quarter. Russell Investments Group Ltd. owned approximately 0.25% of Grupo Aeroportuario del Sureste, S. A. B. de C. V. worth $19,028,000 at the end of the most recent reporting period.

Several other institutional investors also recently added to or reduced their stakes in ASR. The Manufacturers Life Insurance Company bought a new position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the 3rd quarter worth approximately $534,000. FMR LLC increased its position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 202.2% in the 3rd quarter. FMR LLC now owns 2,079 shares of the transportation company’s stock worth $588,000 after buying an additional 1,391 shares during the period. HighTower Advisors LLC increased its position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 5.4% in the 3rd quarter. HighTower Advisors LLC now owns 1,004 shares of the transportation company’s stock worth $285,000 after buying an additional 51 shares during the period. State Street Corp increased its position in 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 buying an additional 7,070 shares during the period. Finally, Public Employees Retirement System of Ohio bought a new position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the 3rd quarter worth approximately $112,000. 10.57% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group dropped their price target on 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. Stock Performance

ASR opened at $269.33 on Thursday. The stock has a market cap of $8.08 billion, a PE ratio of 10.15, a P/E/G ratio of 7.16 and a beta of 0.73. 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. has a 1 year low of $248.88 and a 1 year high of $357.90. The stock’s 50 day simple moving average is $274.57 and its 200-day simple moving average is $271.02.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) last released its quarterly earnings data on Monday, February 24th. The transportation company reported $5.48 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $5.54 by ($0.06). The firm had revenue of $449.41 million for 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%. Sell-side analysts forecast that Grupo Aeroportuario del Sureste, S. A. B. de C. V. will post 23 EPS 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.