GAMMA Investing LLC Buys 6,819 Shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR)

GAMMA Investing LLC boosted its position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR - Free Report) by 25,255.6% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,846 shares of the transportation company's stock after buying an additional 6,819 shares during the quarter. GAMMA Investing LLC's holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. were worth $18,750,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Formidable Asset Management LLC acquired a new stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the fourth quarter worth about $412,000. Tidal Investments LLC bought a new stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the 4th quarter worth $442,000. Quantinno Capital Management LP boosted its holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 38.2% during the fourth quarter. Quantinno Capital Management LP now owns 1,300 shares of the transportation company's stock worth $335,000 after buying an additional 359 shares in the last quarter. Malaga Cove Capital LLC lifted its stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 118.5% during the fourth quarter. Malaga Cove Capital LLC now owns 1,617 shares of the transportation company's stock valued at $417,000 after buying an additional 877 shares in the last quarter. Finally, Millennium Management LLC grew its holdings in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 159.1% during the fourth quarter. Millennium Management LLC now owns 17,553 shares of the transportation company's stock valued at $4,522,000 after buying an additional 10,778 shares in the last quarter. 10.57% of the stock is currently owned by hedge funds and other institutional investors.

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

Shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. stock traded down $5.56 during midday trading on Monday, reaching $318.34. The company had a trading volume of 38,146 shares, compared to its average volume of 49,347. The stock has a fifty day simple moving average of $310.53 and a 200 day simple moving average of $284.44. The company has a current ratio of 4.65, a quick ratio of 4.65 and a debt-to-equity ratio of 0.20. The company has a market capitalization of $9.55 billion, a price-to-earnings ratio of 12.00, a price-to-earnings-growth ratio of 7.16 and a beta of 0.76. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a 1-year low of $248.88 and a 1-year high of $360.00.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR - Get Free Report) last released its earnings results on Tuesday, April 22nd. The transportation company reported $5.74 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $5.77 by ($0.03). The business 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%. As a group, equities research analysts forecast 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 firm also recently disclosed an annual dividend, which will be paid on Monday, June 9th. Investors 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. This represents a yield of 8.6%. The ex-dividend date of this dividend is Wednesday, May 28th. Grupo Aeroportuario del Sureste, S. A. B. de C. V.'s dividend payout ratio is currently 87.16%.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on ASR shares. Jefferies Financial Group dropped 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 report on Wednesday, February 12th. Scotiabank downgraded 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.

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.