Barclays PLC Buys New Stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR)

Barclays PLC acquired a new position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR - Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,797 shares of the transportation company's stock, valued at approximately $721,000.

A number of other hedge funds have also made changes to their positions in ASR. Fisher Funds Management LTD acquired a new stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the fourth quarter valued at $13,464,000. Proficio Capital Partners LLC acquired a new stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the 4th quarter valued at about $4,646,000. Arrowstreet Capital Limited Partnership acquired a new position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the fourth quarter worth approximately $4,187,000. JPMorgan Chase & Co. grew its stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 2.7% during the fourth quarter. JPMorgan Chase & Co. now owns 249,572 shares of the transportation company's stock valued at $64,297,000 after purchasing an additional 6,552 shares during the last quarter. Finally, ABS Direct Equity Fund LLC increased its holdings in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 79.1% in the fourth 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 in the last quarter. Institutional investors and hedge funds own 10.57% of the company's stock.

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

ASR stock opened at $332.97 on Thursday. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a 1-year low of $248.88 and a 1-year high of $356.90. The company has a current ratio of 4.65, a quick ratio of 4.65 and a debt-to-equity ratio of 0.20. The firm has a market cap of $9.99 billion, a PE ratio of 12.55, a P/E/G ratio of 7.16 and a beta of 0.75. The business's 50-day moving average price is $284.59 and its two-hundred day moving average price is $274.08.

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 earnings per share for the quarter, missing the consensus estimate of $5.77 by ($0.03). The business had revenue of $430.05 million for the quarter, compared to the consensus estimate of $462.98 million. Grupo Aeroportuario del Sureste, S. A. B. de C. V. had a net margin of 50.08% and a return on equity of 26.25%. As a group, research analysts forecast that Grupo Aeroportuario del Sureste, S. A. B. de C. V. will post 23 earnings per share for the current year.

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

The company also recently announced an annual dividend, which will be paid on Monday, June 9th. Investors of record on Wednesday, May 28th will be paid a $24.585 dividend. The ex-dividend date is Wednesday, May 28th. This is a boost 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 83.31%.

Analysts Set New Price Targets

Separately, Jefferies Financial Group reduced their target price on shares of 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 research note on Wednesday, February 12th.

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