Deutsche Bank AG Sells 155,182 Shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR)

Deutsche Bank AG decreased its stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR - Free Report) by 95.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,548 shares of the transportation company's stock after selling 155,182 shares during the quarter. Deutsche Bank AG's holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. were worth $1,945,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the stock. Headlands Technologies LLC acquired a new position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the 4th quarter worth approximately $61,000. Wells Fargo & Company MN boosted its stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 67.5% in the fourth quarter. Wells Fargo & Company MN now owns 345 shares of the transportation company's stock worth $89,000 after purchasing an additional 139 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 41.2% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 346 shares of the transportation company's stock worth $91,000 after purchasing an additional 101 shares in the last quarter. US Bancorp DE grew its holdings in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 7.2% during the fourth quarter. US Bancorp DE now owns 699 shares of the transportation company's stock worth $180,000 after purchasing an additional 47 shares during the last quarter. Finally, Two Sigma Securities LLC bought a new stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the fourth quarter worth $208,000. 10.57% of the stock is currently owned by institutional investors.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. Trading Down 0.4%

ASR traded down $1.37 during mid-day trading on Thursday, reaching $318.68. The stock had a trading volume of 68,716 shares, compared to its average volume of 47,895. The firm's fifty day simple moving average is $305.28 and its two-hundred day simple moving average is $281.74. The stock has a market capitalization of $9.56 billion, a P/E ratio of 12.01, a P/E/G 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 company has a debt-to-equity ratio of 0.20, a quick ratio of 4.65 and a current ratio of 4.65.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR - Get Free Report) last issued its quarterly earnings results on Tuesday, April 22nd. The transportation company reported $5.74 earnings per share (EPS) for the quarter, missing the consensus estimate of $5.77 by ($0.03). The firm had revenue of $430.05 million for the quarter, compared to analyst estimates 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%. On average, equities 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 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 of this dividend 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%.

Wall Street Analyst Weigh In

ASR has been the topic of several research reports. Jefferies Financial Group reduced their price target 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 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 research note on Monday, May 19th.

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