Voloridge Investment Management LLC Sells 2,035 Shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR)

Voloridge Investment Management LLC trimmed its position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR - Free Report) by 8.3% during the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 22,596 shares of the transportation company's stock after selling 2,035 shares during the period. Voloridge Investment Management LLC owned about 0.08% of Grupo Aeroportuario del Sureste, S. A. B. de C. V. worth $5,821,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of the company. JPMorgan Chase & Co. boosted its position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 2.7% in the 4th quarter. JPMorgan Chase & Co. now owns 249,572 shares of the transportation company's stock worth $64,297,000 after purchasing an additional 6,552 shares during the last quarter. AQR Capital Management LLC boosted its position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 16.4% in the 4th quarter. AQR Capital Management LLC now owns 136,846 shares of the transportation company's stock worth $35,256,000 after purchasing an additional 19,302 shares during the last quarter. Hsbc Holdings PLC boosted its position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 16.6% in the 4th quarter. Hsbc Holdings PLC now owns 106,311 shares of the transportation company's stock worth $27,389,000 after purchasing an additional 15,112 shares during the last quarter. Fisher Funds Management LTD bought a new position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the 4th quarter worth $13,464,000. Finally, Canada Pension Plan Investment Board boosted its position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 27.9% in the 4th quarter. Canada Pension Plan Investment Board now owns 30,700 shares of the transportation company's stock worth $7,909,000 after purchasing an additional 6,700 shares during the last quarter. 10.57% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on ASR shares. Jefferies Financial Group reduced their price target 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. Scotiabank downgraded 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. Stock Up 0.9%

Shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. stock traded up $2.99 during trading on Friday, reaching $320.99. The stock had a trading volume of 103,892 shares, compared to its average volume of 48,263. The company has a market capitalization of $9.63 billion, a price-to-earnings ratio of 12.10, a P/E/G ratio of 7.16 and a beta of 0.75. The stock has a fifty day moving average price of $305.98 and a two-hundred day moving average price of $282.31. 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 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 released its 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). 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 for the quarter, compared to the consensus estimate of $462.98 million. Sell-side analysts predict 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. Investors of record on Wednesday, May 28th will be issued a dividend of $24.585 per share. This represents a yield of 8.6%. The ex-dividend date is Wednesday, May 28th. This is a positive change from Grupo Aeroportuario del Sureste, S. A. B. de C. V.'s previous annual dividend of $5.60. Grupo Aeroportuario del Sureste, S. A. B. de C. V.'s dividend payout ratio 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.