Grupo Aeroportuario del Sureste, S.A. de C.V. $ASR Shares Sold by U S Global Investors Inc.

U S Global Investors Inc. decreased its position in shares of Grupo Aeroportuario del Sureste, S.A. de C.V. (NYSE:ASR) by 19.7% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,988 shares of the transportation company’s stock after selling 2,446 shares during the period. U S Global Investors Inc.’s holdings in Grupo Aeroportuario del Sureste were worth $3,357,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in ASR. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new position in Grupo Aeroportuario del Sureste during the 4th quarter valued at $35,000. Atlas Capital Advisors Inc. bought a new stake in shares of Grupo Aeroportuario del Sureste in the 4th quarter worth $49,000. EverSource Wealth Advisors LLC raised its stake in shares of Grupo Aeroportuario del Sureste by 766.7% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 156 shares of the transportation company’s stock worth $50,000 after buying an additional 138 shares in the last quarter. Osaic Holdings Inc. lifted its holdings in shares of Grupo Aeroportuario del Sureste by 38.2% in the second quarter. Osaic Holdings Inc. now owns 181 shares of the transportation company’s stock valued at $58,000 after buying an additional 50 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. lifted its holdings in shares of Grupo Aeroportuario del Sureste by 63.6% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 324 shares of the transportation company’s stock valued at $105,000 after buying an additional 126 shares during the period. 10.57% of the stock is currently owned by institutional investors and hedge funds.

Grupo Aeroportuario del Sureste Price Performance

Shares of ASR traded up $1.53 during trading hours on Friday, hitting $285.14. 85,111 shares of the company were exchanged, compared to its average volume of 66,013. The company has a market capitalization of $8.55 billion, a PE ratio of 15.83, a PEG ratio of 2.32 and a beta of 0.46. The company has a debt-to-equity ratio of 0.54, a current ratio of 3.39 and a quick ratio of 3.39. The firm has a fifty day simple moving average of $300.34 and a 200-day simple moving average of $325.54. Grupo Aeroportuario del Sureste, S.A. de C.V. has a one year low of $275.00 and a one year high of $381.52.

Grupo Aeroportuario del Sureste (NYSE:ASR) last announced its earnings results on Tuesday, March 31st. The transportation company reported $5.24 earnings per share (EPS) for the quarter. Grupo Aeroportuario del Sureste had a return on equity of 21.77% and a net margin of 26.32%.The company had revenue of $495.15 million for the quarter. As a group, sell-side 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 Announces Dividend

The business also recently declared a special dividend, which was paid on Monday, June 8th. Investors of record on Wednesday, May 27th were paid a $5.7572 dividend. The ex-dividend date of this dividend was Wednesday, May 27th. Grupo Aeroportuario del Sureste’s dividend payout ratio (DPR) is currently 110.22%.

Analyst Ratings Changes

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

About Grupo Aeroportuario del Sureste

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.