Boothbay Fund Management LLC Invests $696,000 in Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR)

Boothbay Fund Management LLC bought a new stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 2,700 shares of the transportation company's stock, valued at approximately $696,000.

Several other institutional investors have also bought and sold shares of ASR. JPMorgan Chase & Co. boosted its holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 2.7% during the 4th quarter. JPMorgan Chase & Co. now owns 249,572 shares of the transportation company's stock worth $64,297,000 after acquiring an additional 6,552 shares during the last quarter. Hsbc Holdings PLC lifted its position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 16.6% during the fourth quarter. Hsbc Holdings PLC now owns 106,311 shares of the transportation company's stock valued at $27,389,000 after purchasing an additional 15,112 shares in the last quarter. Fisher Funds Management LTD purchased a new position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the fourth quarter worth about $13,464,000. Canada Pension Plan Investment Board grew its position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 27.9% in the 4th quarter. Canada Pension Plan Investment Board now owns 30,700 shares of the transportation company's stock worth $7,909,000 after purchasing an additional 6,700 shares in the last quarter. Finally, Bank of New York Mellon Corp increased its stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 0.7% in the 4th quarter. Bank of New York Mellon Corp now owns 28,305 shares of the transportation company's stock valued at $7,292,000 after buying an additional 186 shares during the last quarter. Institutional investors own 10.57% of the company's stock.

Wall Street Analysts Forecast Growth

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.

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

NYSE:ASR traded up $4.73 on Monday, reaching $319.00. 17,901 shares of the company's stock were exchanged, compared to its average volume of 55,333. The stock has a fifty day simple moving average of $281.21 and a 200-day simple moving average of $273.03. 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 company has a debt-to-equity ratio of 0.20, a current ratio of 4.65 and a quick ratio of 4.65. The firm has a market cap of $9.57 billion, a price-to-earnings ratio of 12.02, a P/E/G ratio of 7.16 and a beta of 0.75.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR - Get Free Report) last announced its quarterly earnings results 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 company had revenue of $430.05 million for the quarter, compared to the consensus estimate of $462.98 million. As a group, sell-side analysts predict 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 business also recently declared an annual dividend, which will be paid on Monday, June 9th. Stockholders of record on Wednesday, May 28th will be issued a $24.585 dividend. This is a positive change from Grupo Aeroportuario del Sureste, S. A. B. de C. V.'s previous annual dividend of $5.60. The ex-dividend date is Wednesday, May 28th. This represents a dividend yield of 8.6%. Grupo Aeroportuario del Sureste, S. A. B. de C. V.'s dividend payout ratio is presently 83.31%.

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.