Dodge & Cox Acquires Shares of 1,800 Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR)

Dodge & Cox bought a new stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 1,800 shares of the transportation company’s stock, valued at approximately $464,000.

Other institutional investors have also modified their holdings of the company. AGF Management Ltd. acquired a new position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the 4th quarter valued at $827,000. Fisher Funds Management LTD purchased a new stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the fourth quarter valued at about $13,464,000. Abacus FCF Advisors LLC acquired a new position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the fourth quarter worth about $383,000. SG Americas Securities LLC raised its holdings 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 purchasing an additional 1,141 shares in the last quarter. Finally, State Street Corp lifted its position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 4.5% in the third quarter. State Street Corp now owns 164,576 shares of the transportation company’s stock valued at $46,536,000 after purchasing an additional 7,070 shares during the period. Institutional investors and hedge funds own 10.57% of the company’s stock.

Analyst Ratings Changes

Separately, Jefferies Financial Group cut their target price on Grupo Aeroportuario del Sureste, S. A. B. de C. V. from $321.00 to $310.00 and set a “hold” rating for the company in a research note on Wednesday, February 12th.

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

Shares of ASR opened at $276.88 on Wednesday. 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. has a 52-week low of $248.88 and a 52-week high of $357.90. The company has a 50-day simple moving average of $274.75 and a 200-day simple moving average of $270.67. The company has a market capitalization of $8.31 billion, a PE ratio of 10.44, a P/E/G ratio of 7.16 and a beta of 0.73.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) last posted its quarterly earnings results 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 company had revenue of $449.41 million for the quarter, compared to analyst estimates 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 earnings per share for the current fiscal 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.