Tidal Investments LLC Takes Position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR)

Tidal Investments LLC bought a new stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR - Free Report) during the fourth quarter, according to its most recent filing with the SEC. The firm bought 1,716 shares of the transportation company's stock, valued at approximately $442,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of ASR. Quantinno Capital Management LP boosted its holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 38.2% in the 4th quarter. Quantinno Capital Management LP now owns 1,300 shares of the transportation company's stock valued at $335,000 after purchasing an additional 359 shares during the period. Malaga Cove Capital LLC boosted its holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 118.5% in the 4th quarter. Malaga Cove Capital LLC now owns 1,617 shares of the transportation company's stock valued at $417,000 after purchasing an additional 877 shares during the period. Millennium Management LLC boosted its holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 159.1% in the 4th quarter. Millennium Management LLC now owns 17,553 shares of the transportation company's stock valued at $4,522,000 after purchasing an additional 10,778 shares during the period. Lazard Asset Management LLC bought a new stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the 4th quarter valued at $1,346,000. Finally, LRT Capital Management LLC boosted its holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 20.4% in the 4th quarter. LRT Capital Management LLC now owns 5,753 shares of the transportation company's stock valued at $1,482,000 after purchasing an additional 975 shares during the period. 10.57% of the stock is currently owned by institutional investors and hedge funds.

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

ASR stock traded down $1.80 during trading on Tuesday, hitting $324.23. 282,243 shares of the stock traded hands, compared to its average volume of 49,266. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a one year low of $248.88 and a one year high of $360.00. The stock has a market cap of $9.73 billion, a price-to-earnings ratio of 12.22, a P/E/G ratio of 7.16 and a beta of 0.75. The company has a 50 day simple moving average of $307.74 and a 200 day simple moving average of $283.18. The company has a current ratio of 4.65, a quick ratio of 4.65 and a debt-to-equity ratio of 0.20.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR - Get Free Report) last announced its earnings results on Tuesday, April 22nd. The transportation company reported $5.74 earnings per share for the quarter, missing analysts' consensus estimates of $5.77 by ($0.03). Grupo Aeroportuario del Sureste, S. A. B. de C. V. had a return on equity of 26.25% and a net margin of 50.08%. The company had revenue of $430.05 million during the quarter, compared to the consensus estimate of $462.98 million. Equities analysts expect that Grupo Aeroportuario del Sureste, S. A. B. de C. V. will post 23 EPS for the current fiscal year.

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

The firm also recently declared an annual dividend, which will be paid on Monday, June 9th. Stockholders of record on Wednesday, May 28th will be given a dividend of $24.585 per share. This is a boost 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 payout ratio is currently 83.31%.

Analyst Ratings Changes

A number of research firms have recently commented on ASR. Scotiabank downgraded shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a "sector outperform" rating to a "sector perform" rating in a report on Monday, May 19th. Jefferies Financial Group reduced their price objective on shares of 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 report 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.