Robeco Institutional Asset Management B.V. Has $30.06 Million Position in Grupo Aeroportuario del Sureste, S.A. de C.V. (NYSE:ASR)

Robeco Institutional Asset Management B.V. trimmed its holdings in Grupo Aeroportuario del Sureste, S.A. de C.V. (NYSE:ASR - Free Report) by 10.0% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 109,771 shares of the transportation company's stock after selling 12,191 shares during the quarter. Robeco Institutional Asset Management B.V. owned 0.37% of Grupo Aeroportuario del Sureste worth $30,057,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of ASR. Headlands Technologies LLC bought a new stake in Grupo Aeroportuario del Sureste in the 4th quarter valued at $61,000. Wells Fargo & Company MN increased its holdings in shares of Grupo Aeroportuario del Sureste by 67.5% during the 4th quarter. Wells Fargo & Company MN now owns 345 shares of the transportation company's stock worth $89,000 after purchasing an additional 139 shares during the period. Blue Trust Inc. raised its position in shares of Grupo Aeroportuario del Sureste by 7.8% during the first quarter. Blue Trust Inc. now owns 524 shares of the transportation company's stock valued at $143,000 after buying an additional 38 shares during the last quarter. US Bancorp DE lifted its stake in shares of Grupo Aeroportuario del Sureste by 7.2% in the fourth quarter. US Bancorp DE now owns 699 shares of the transportation company's stock valued at $180,000 after buying an additional 47 shares during the period. Finally, Two Sigma Securities LLC acquired a new stake in Grupo Aeroportuario del Sureste during the fourth quarter worth about $208,000. Institutional investors and hedge funds own 10.57% of the company's stock.

Grupo Aeroportuario del Sureste Stock Performance

Grupo Aeroportuario del Sureste stock traded up $0.01 on Tuesday, hitting $318.88. The company's stock had a trading volume of 102,684 shares, compared to its average volume of 53,044. Grupo Aeroportuario del Sureste, S.A. de C.V. has a one year low of $248.88 and a one year high of $360.00. The firm has a market cap of $9.57 billion, a P/E ratio of 12.01, a price-to-earnings-growth ratio of 8.01 and a beta of 0.74. The company has a quick ratio of 5.16, a current ratio of 5.16 and a debt-to-equity ratio of 0.18. The company has a fifty day moving average price of $322.91 and a 200-day moving average price of $290.12.

Grupo Aeroportuario del Sureste (NYSE:ASR - Get Free Report) last posted its 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 had a net margin of 50.07% and a return on equity of 25.70%. The business had revenue of $430.05 million during the quarter, compared to the consensus estimate of $462.98 million. On average, equities analysts anticipate that Grupo Aeroportuario del Sureste, S.A. de C.V. will post 23 earnings per share for the current year.

Grupo Aeroportuario del Sureste Increases Dividend

The business also recently disclosed an annual dividend, which was paid on Monday, June 9th. Stockholders of record on Wednesday, May 28th were paid a $24.585 dividend. This is a positive change from Grupo Aeroportuario del Sureste's previous annual dividend of $5.60. This represents a dividend yield of 8.6%. The ex-dividend date was Wednesday, May 28th. Grupo Aeroportuario del Sureste's dividend payout ratio is currently 87.16%.

Wall Street Analyst Weigh In

Separately, Scotiabank lowered Grupo Aeroportuario del Sureste from a "sector outperform" rating to a "sector perform" rating in a research note on Monday, May 19th.

About Grupo Aeroportuario del Sureste

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.