Mackenzie Financial Corp Sells 6,903 Shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR)

Mackenzie Financial Corp lessened its stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) by 16.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 34,849 shares of the transportation company’s stock after selling 6,903 shares during the quarter. Mackenzie Financial Corp owned approximately 0.12% of Grupo Aeroportuario del Sureste, S. A. B. de C. V. worth $10,255,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Sequoia Financial Advisors LLC bought a new stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the 4th quarter valued at $214,000. Yorktown Management & Research Co Inc boosted its position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 29.9% during the 4th quarter. Yorktown Management & Research Co Inc now owns 1,390 shares of the transportation company’s stock valued at $409,000 after acquiring an additional 320 shares in the last quarter. Blue Trust Inc. boosted its position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 62.6% in the 4th quarter. Blue Trust Inc. now owns 187 shares of the transportation company’s stock worth $55,000 after purchasing an additional 72 shares in the last quarter. Pacer Advisors Inc. boosted its position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 66.1% in the 4th quarter. Pacer Advisors Inc. now owns 1,536 shares of the transportation company’s stock worth $452,000 after purchasing an additional 611 shares in the last quarter. Finally, SG Americas Securities LLC boosted its position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 13.7% in the 4th quarter. SG Americas Securities LLC now owns 1,525 shares of the transportation company’s stock worth $449,000 after purchasing an additional 184 shares in the last quarter. Institutional investors own 10.57% of the company’s stock.

Wall Street Analyst Weigh In

ASR has been the subject of a number of research reports. Barclays cut Grupo Aeroportuario del Sureste, S. A. B. de C. V. from an “overweight” rating to an “equal weight” rating in a research report on Wednesday, March 13th. StockNews.com cut Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a “buy” rating to a “hold” rating in a research report on Thursday, April 4th. Finally, The Goldman Sachs Group raised Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a “sell” rating to a “buy” rating and lifted their price target for the stock from $274.00 to $326.00 in a research report on Friday, January 26th. One analyst has rated the stock with a sell rating, two have given a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, Grupo Aeroportuario del Sureste, S. A. B. de C. V. has an average rating of “Hold” and an average target price of $274.00.

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

NYSE ASR opened at $307.27 on Friday. The stock has a 50-day simple moving average of $305.81 and a two-hundred day simple moving average of $271.63. The firm has a market capitalization of $9.22 billion, a P/E ratio of 15.69, a PEG ratio of 2.92 and a beta of 1.18. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a fifty-two week low of $165.00 and a fifty-two week high of $334.13. The company has a debt-to-equity ratio of 0.21, a quick ratio of 2.97 and a current ratio of 4.26.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) last released its quarterly earnings data on Monday, February 26th. The transportation company reported $4.99 earnings per share for the quarter, missing analysts’ consensus estimates of $5.78 by ($0.79). The company had revenue of $392.31 million for the quarter. Grupo Aeroportuario del Sureste, S. A. B. de C. V. had a net margin of 39.55% and a return on equity of 20.77%. On average, equities analysts forecast that Grupo Aeroportuario del Sureste, S. A. B. de C. V. will post 23.61 earnings per share for the current 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.