Aquatic Capital Management LLC lifted its holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR – Free Report) by 13.5% in the fourth quarter, Holdings Channel reports. The fund owned 1,362 shares of the transportation company’s stock after purchasing an additional 162 shares during the quarter. Aquatic Capital Management LLC’s holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. were worth $351,000 at the end of the most recent quarter.
Other large investors also recently added to or reduced their stakes in the company. Headlands Technologies LLC purchased a new position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the 4th quarter worth approximately $61,000. Wells Fargo & Company MN boosted its stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 67.5% during the fourth quarter. Wells Fargo & Company MN now owns 345 shares of the transportation company’s stock worth $89,000 after buying an additional 139 shares during the period. Mirae Asset Global Investments Co. Ltd. grew its holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 41.2% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 346 shares of the transportation company’s stock valued at $91,000 after purchasing an additional 101 shares during the last quarter. US Bancorp DE lifted its stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 7.2% in the fourth quarter. US Bancorp DE now owns 699 shares of the transportation company’s stock worth $180,000 after purchasing an additional 47 shares during the last quarter. Finally, Two Sigma Securities LLC bought a new position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the fourth quarter valued at approximately $208,000. 10.57% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades
Separately, Jefferies Financial Group decreased 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 for the company in a research note on Wednesday, February 12th.
Grupo Aeroportuario del Sureste, S. A. B. de C. V. Trading Down 0.7 %
ASR stock opened at $314.00 on Friday. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a 12 month low of $248.88 and a 12 month high of $356.90. The firm’s 50-day moving average is $281.21 and its 200 day moving average is $273.12. The company has a market capitalization of $9.42 billion, a PE ratio of 11.84, a P/E/G ratio of 7.16 and a beta of 0.73. The company has a debt-to-equity ratio of 0.20, a current ratio of 4.65 and a quick ratio of 4.65.
Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR – Get Free Report) last released its quarterly earnings data on Tuesday, April 22nd. The transportation company reported $5.74 EPS for the quarter, missing the consensus estimate of $5.77 by ($0.03). Grupo Aeroportuario del Sureste, S. A. B. de C. V. had a return on equity of 26.25% and a net margin of 50.08%. The firm had revenue of $430.05 million for the quarter, compared to analysts’ expectations of $462.98 million. On average, research analysts anticipate 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. Increases Dividend
The business also recently declared an annual dividend, which will be paid on Monday, June 9th. Stockholders of record on Wednesday, May 28th will be issued a $24.585 dividend. The ex-dividend date of this dividend is Wednesday, May 28th. This is an increase from Grupo Aeroportuario del Sureste, S. A. B. de C. V.’s previous annual dividend of $5.60. This represents a dividend yield of 8.6%. Grupo Aeroportuario del Sureste, S. A. B. de C. V.’s dividend payout ratio (DPR) is currently 40.26%.
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.
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