Millennium Management LLC Has $4.52 Million Position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR)

Millennium Management LLC grew its holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR - Free Report) by 159.1% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 17,553 shares of the transportation company's stock after purchasing an additional 10,778 shares during the period. Millennium Management LLC owned approximately 0.06% of Grupo Aeroportuario del Sureste, S. A. B. de C. V. worth $4,522,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of ASR. Headlands Technologies LLC bought a new position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the 4th quarter valued at $61,000. Wells Fargo & Company MN increased its stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 67.5% in the 4th quarter. Wells Fargo & Company MN now owns 345 shares of the transportation company's stock valued at $89,000 after purchasing an additional 139 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. increased its stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 41.2% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 346 shares of the transportation company's stock valued at $91,000 after purchasing an additional 101 shares during the last quarter. US Bancorp DE increased its stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 7.2% in the 4th quarter. US Bancorp DE now owns 699 shares of the transportation company's stock valued at $180,000 after purchasing an additional 47 shares during the last quarter. Finally, Two Sigma Securities LLC bought a new position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the 4th quarter valued at $208,000. Institutional investors own 10.57% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the company. Scotiabank lowered 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. Jefferies Financial Group reduced their price objective on 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.

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

ASR stock traded down $1.80 during midday trading on Tuesday, reaching $324.23. 282,243 shares of the stock were exchanged, compared to its average volume of 49,266. The stock has a market capitalization of $9.73 billion, a PE ratio of 12.22, 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 current ratio of 4.65 and a quick ratio of 4.65. The company has a fifty day moving average price of $307.74 and a 200 day moving average price of $283.18.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR - Get Free Report) last issued its quarterly earnings data 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). The firm had revenue of $430.05 million for the quarter, compared to the consensus estimate of $462.98 million. 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%. As a group, 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 business also recently announced an annual dividend, which will be paid on Monday, June 9th. Shareholders of record on Wednesday, May 28th will be issued a dividend of $24.585 per share. The ex-dividend date of this dividend is Wednesday, May 28th. This is an increase 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 presently 83.31%.

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.