2,879 Shares in Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) Acquired by Citadel Advisors LLC

Citadel Advisors LLC bought a new stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 2,879 shares of the transportation company's stock, valued at approximately $742,000.

Other hedge funds have also recently made changes to their positions in the company. Fisher Funds Management LTD acquired a new stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the 4th quarter valued at about $13,464,000. AQR Capital Management LLC lifted its position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 16.4% in the fourth quarter. AQR Capital Management LLC now owns 136,846 shares of the transportation company's stock valued at $35,256,000 after acquiring an additional 19,302 shares during the last quarter. Proficio Capital Partners LLC acquired a new position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the fourth quarter valued at $4,646,000. Arrowstreet Capital Limited Partnership acquired a new position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the fourth quarter valued at $4,187,000. Finally, Hsbc Holdings PLC increased its stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 16.6% in 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 during the period. 10.57% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

ASR has been the topic of several recent analyst reports. Jefferies Financial Group lowered 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 report on Wednesday, February 12th. Scotiabank lowered shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a "sector outperform" rating to a "sector perform" rating in a research report on Monday, May 19th.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. Trading Down 0.9%

NYSE:ASR traded down $2.91 during trading hours on Tuesday, reaching $323.12. 167,882 shares of the company were exchanged, compared to its average volume of 48,976. 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 $9.69 billion, a price-to-earnings ratio of 12.18, a PEG ratio of 7.16 and a beta of 0.75. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a 52-week low of $248.88 and a 52-week high of $360.00. The stock has a 50 day simple moving average of $306.86 and a 200 day simple moving average of $282.90.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR - Get Free Report) last released its quarterly 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 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 analyst estimates of $462.98 million. As a group, 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. 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 yield of 8.6%. Grupo Aeroportuario del Sureste, S. A. B. de C. V.'s dividend payout ratio (DPR) is presently 83.31%.

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.