Jane Street Group LLC Purchases Shares of 981 Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR)

Jane Street Group LLC bought a new stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 981 shares of the transportation company's stock, valued at approximately $253,000.

A number of other hedge funds also recently added to or reduced their stakes in the business. Caprock Group LLC bought a new position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the 4th quarter worth $322,000. Mirae Asset Global Investments Co. Ltd. raised its holdings 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. Ativo Capital Management LLC purchased a new stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the fourth quarter valued at about $1,317,000. Fisher Funds Management LTD bought a new stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the 4th quarter valued at about $13,464,000. Finally, Bank of New York Mellon Corp lifted its position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 0.7% during the fourth quarter. Bank of New York Mellon Corp now owns 28,305 shares of the transportation company's stock valued at $7,292,000 after acquiring an additional 186 shares during the last quarter. 10.57% of the stock is owned by hedge funds and other institutional investors.

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

ASR stock traded down $2.63 during trading on Friday, reaching $322.90. The company had a trading volume of 59,045 shares, compared to its average volume of 49,446. The firm has a 50-day simple moving average of $309.67 and a 200-day simple moving average of $283.85. The company has a market cap of $9.69 billion, a price-to-earnings ratio of 12.17, a price-to-earnings-growth ratio of 7.16 and a beta of 0.75. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a twelve month low of $248.88 and a twelve month 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 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). The firm had revenue of $430.05 million during 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, sell-side analysts expect 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 company also recently disclosed an annual dividend, which will be paid on Monday, June 9th. Stockholders of record on Wednesday, May 28th will be paid a $24.585 dividend. This represents a dividend yield of 8.6%. 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 is Wednesday, May 28th. Grupo Aeroportuario del Sureste, S. A. B. de C. V.'s dividend payout ratio (DPR) is presently 83.31%.

Analysts Set New Price Targets

ASR has been the topic of several analyst reports. Scotiabank lowered shares of 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. Jefferies Financial Group lowered 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 for the company in a research report on Wednesday, February 12th.

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.