Y Intercept Hong Kong Ltd Purchases 9,705 Shares of Grupo Aeroportuario del Sureste, S.A. de C.V. $ASR

Y Intercept Hong Kong Ltd raised its position in Grupo Aeroportuario del Sureste, S.A. de C.V. (NYSE:ASR) by 757.6% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 10,986 shares of the transportation company’s stock after buying an additional 9,705 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in Grupo Aeroportuario del Sureste were worth $3,693,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of ASR. Rockefeller Capital Management L.P. boosted its position in Grupo Aeroportuario del Sureste by 24,520.0% during the fourth quarter. Rockefeller Capital Management L.P. now owns 1,231 shares of the transportation company’s stock valued at $398,000 after acquiring an additional 1,226 shares during the last quarter. Corient Private Wealth LLC increased its stake in Grupo Aeroportuario del Sureste by 13.8% during the 4th quarter. Corient Private Wealth LLC now owns 1,472 shares of the transportation company’s stock valued at $476,000 after purchasing an additional 179 shares in the last quarter. Compound Planning Inc. raised its holdings in shares of Grupo Aeroportuario del Sureste by 4.3% in the 4th quarter. Compound Planning Inc. now owns 704 shares of the transportation company’s stock worth $228,000 after acquiring an additional 29 shares during the last quarter. Invesco Ltd. raised its holdings in shares of Grupo Aeroportuario del Sureste by 30.6% in the fourth quarter. Invesco Ltd. now owns 4,054 shares of the transportation company’s stock valued at $1,311,000 after purchasing an additional 951 shares during the last quarter. Finally, Mackenzie Financial Corp lifted its position in shares of Grupo Aeroportuario del Sureste by 29.5% during the 4th quarter. Mackenzie Financial Corp now owns 16,429 shares of the transportation company’s stock worth $5,313,000 after buying an additional 3,742 shares in the last quarter. 10.57% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the company. Barclays upgraded Grupo Aeroportuario del Sureste from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, March 24th. UBS Group upgraded shares of Grupo Aeroportuario del Sureste from a “neutral” rating to a “buy” rating in a research report on Thursday, June 18th. Wall Street Zen lowered Grupo Aeroportuario del Sureste from a “buy” rating to a “hold” rating in a research note on Sunday, March 22nd. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Grupo Aeroportuario del Sureste in a report on Monday, April 20th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Grupo Aeroportuario del Sureste has an average rating of “Moderate Buy” and a consensus target price of $300.00.

Grupo Aeroportuario del Sureste Stock Down 5.7%

Shares of Grupo Aeroportuario del Sureste stock traded down $17.69 during trading on Tuesday, hitting $291.20. The company’s stock had a trading volume of 37,525 shares, compared to its average volume of 68,206. Grupo Aeroportuario del Sureste, S.A. de C.V. has a 52 week low of $275.00 and a 52 week high of $381.52. The company has a fifty day simple moving average of $302.11 and a two-hundred day simple moving average of $326.48. The company has a market capitalization of $8.74 billion, a PE ratio of 16.16, a P/E/G ratio of 2.55 and a beta of 0.46. The company has a debt-to-equity ratio of 0.54, a quick ratio of 3.39 and a current ratio of 3.39.

Grupo Aeroportuario del Sureste (NYSE:ASR) last issued its earnings results on Tuesday, March 31st. The transportation company reported $5.24 earnings per share for the quarter. The business had revenue of $495.15 million during the quarter. Grupo Aeroportuario del Sureste had a return on equity of 21.77% and a net margin of 26.32%. Equities research analysts predict that Grupo Aeroportuario del Sureste, S.A. de C.V. will post 21 earnings per share for the current year.

Grupo Aeroportuario del Sureste Dividend Announcement

The business also recently disclosed a special dividend, which was paid on Monday, June 8th. Stockholders of record on Wednesday, May 27th were given a dividend of $5.7572 per share. The ex-dividend date of this dividend was Wednesday, May 27th. Grupo Aeroportuario del Sureste’s payout ratio is presently 110.22%.

Grupo Aeroportuario del Sureste Profile

Grupo Aeroportuario del Sureste, SAB. de C.V. (NYSE: ASR) is a leading airport operator in Mexico specializing in the development, operation and management of airports under long-term concession agreements. The company’s core business activities include the operation of passenger and cargo terminals, the administration of retail and service concessions, the provision of parking and ground-support services, and the implementation of security and maintenance programs.

ASR holds concession rights for nine airports across southeastern Mexico, including premier tourism hubs such as Cancún, Cozumel and Huatulco, as well as regional facilities in Mérida, Oaxaca, Veracruz and Minatitlán.