Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) Position Trimmed by BNP Paribas Financial Markets

BNP Paribas Financial Markets reduced its holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) by 15.4% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 53,038 shares of the transportation company’s stock after selling 9,647 shares during the period. BNP Paribas Financial Markets’ holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. were worth $13,664,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of the business. AGF Management Ltd. acquired a new position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the fourth quarter valued at approximately $827,000. Fisher Funds Management LTD acquired a new position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the 4th quarter valued at approximately $13,464,000. Abacus FCF Advisors LLC bought a new position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the 4th quarter worth $383,000. SG Americas Securities LLC increased its holdings in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 163.5% in the 4th quarter. SG Americas Securities LLC now owns 1,839 shares of the transportation company’s stock worth $474,000 after acquiring an additional 1,141 shares during the period. Finally, ABS Direct Equity Fund LLC boosted its stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 79.1% during the 4th quarter. ABS Direct Equity Fund LLC now owns 12,480 shares of the transportation company’s stock valued at $3,215,000 after purchasing an additional 5,510 shares during the period. 10.57% of the stock is owned by institutional investors and hedge funds.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. Trading Down 1.0 %

Shares of NYSE:ASR opened at $323.28 on Friday. The firm has a market cap of $9.70 billion, a P/E ratio of 12.19, a P/E/G ratio of 7.16 and a beta of 0.75. 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 twelve month low of $248.88 and a twelve month high of $356.90. The company has a 50 day moving average of $287.00 and a 200-day moving average of $274.78.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) last posted its quarterly earnings data on Tuesday, April 22nd. The transportation company reported $5.74 EPS for the quarter, missing analysts’ consensus estimates 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 during the quarter, compared to the consensus estimate of $462.98 million. As a group, analysts anticipate that Grupo Aeroportuario del Sureste, S. A. B. de C. V. will post 23 earnings per share for the current fiscal year.

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

The firm also recently announced an annual dividend, which will be paid on Monday, June 9th. Investors of record on Wednesday, May 28th will be issued a dividend of $24.585 per share. This represents a yield of 8.6%. This is a boost from Grupo Aeroportuario del Sureste, S. A. B. de C. V.’s previous annual dividend of $5.60. The ex-dividend date of this dividend is Wednesday, May 28th. Grupo Aeroportuario del Sureste, S. A. B. de C. V.’s dividend payout ratio (DPR) is presently 83.31%.

Analysts Set New Price Targets

Separately, Jefferies Financial Group cut 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 report on Wednesday, February 12th.

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.