BNP Paribas Financial Markets Sells 9,647 Shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR)

BNP Paribas Financial Markets reduced its holdings in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR - Free Report) by 15.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 53,038 shares of the transportation company's stock after selling 9,647 shares during the quarter. BNP Paribas Financial Markets owned approximately 0.18% of Grupo Aeroportuario del Sureste, S. A. B. de C. V. worth $13,664,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in ASR. SG Americas Securities LLC increased its holdings in 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 purchasing an additional 1,141 shares in the last quarter. Inspire Investing LLC boosted its holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 18.9% in the fourth quarter. Inspire Investing LLC now owns 3,484 shares of the transportation company's stock worth $898,000 after acquiring an additional 554 shares in the last quarter. Blue Trust Inc. boosted its holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 55.6% in the fourth quarter. Blue Trust Inc. now owns 1,061 shares of the transportation company's stock worth $300,000 after acquiring an additional 379 shares in the last quarter. Pacer Advisors Inc. boosted its holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 31.9% in the fourth quarter. Pacer Advisors Inc. now owns 2,528 shares of the transportation company's stock worth $651,000 after acquiring an additional 612 shares in the last quarter. Finally, ABS Direct Equity Fund LLC raised its stake 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 worth $3,215,000 after purchasing an additional 5,510 shares during the last quarter. 10.57% of the stock is currently owned by institutional investors.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. Trading Down 0.6%

Shares of ASR traded down $2.00 during trading hours on Friday, hitting $345.31. The company had a trading volume of 4,864 shares, compared to its average volume of 46,926. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a 52-week low of $248.88 and a 52-week high of $356.90. The firm has a market cap of $10.36 billion, a P/E ratio of 12.98, a P/E/G ratio of 7.16 and a beta of 0.75. The company has a quick ratio of 4.65, a current ratio of 4.65 and a debt-to-equity ratio of 0.20. The stock's 50 day moving average price is $292.96 and its 200 day moving average price is $276.63.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR - Get Free Report) last posted 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). 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%. The firm had revenue of $430.05 million for the quarter, compared to the consensus estimate of $462.98 million. On average, research analysts predict 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 announced an annual dividend, which will be paid on Monday, June 9th. Shareholders of record on Wednesday, May 28th will be paid a dividend of $24.585 per share. The ex-dividend date is Wednesday, May 28th. This is a positive change from Grupo Aeroportuario del Sureste, S. A. B. de C. V.'s previous annual dividend of $5.60. This represents a yield of 8.6%. Grupo Aeroportuario del Sureste, S. A. B. de C. V.'s payout ratio is currently 83.31%.

Analyst Ratings Changes

Separately, Jefferies Financial Group decreased their target price 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 report on Wednesday, February 12th.

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

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.