Mackenzie Financial Corp Sells 12,609 Shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR)

Mackenzie Financial Corp reduced its position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR - Free Report) by 35.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 22,684 shares of the transportation company's stock after selling 12,609 shares during the quarter. Mackenzie Financial Corp owned approximately 0.08% of Grupo Aeroportuario del Sureste, S. A. B. de C. V. worth $5,844,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Headlands Technologies LLC bought a new position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the fourth quarter worth $61,000. Wells Fargo & Company MN lifted its position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 67.5% in the fourth 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. Mirae Asset Global Investments Co. Ltd. lifted its position 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 during the period. US Bancorp DE lifted its position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 7.2% in the fourth quarter. US Bancorp DE now owns 699 shares of the transportation company's stock worth $180,000 after purchasing an additional 47 shares during the period. Finally, Two Sigma Securities LLC bought a new position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the fourth quarter worth $208,000. 10.57% of the stock is owned by institutional investors.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. Trading Up 1.1%

ASR stock traded up $3.61 during midday trading on Monday, reaching $325.63. The stock had a trading volume of 80,259 shares, compared to its average volume of 48,391. The business has a fifty day simple moving average of $306.86 and a two-hundred day simple moving average of $282.90. The company has a quick ratio of 4.65, a current ratio of 4.65 and a debt-to-equity ratio of 0.20. The firm has a market cap of $9.77 billion, a price-to-earnings ratio of 12.27, a PEG 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.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR - Get Free Report) last announced its quarterly earnings data on Tuesday, April 22nd. The transportation company reported $5.74 EPS for the quarter, missing analysts' consensus estimates 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 return on equity of 26.25% and a net margin of 50.08%. As a group, research 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 company also recently disclosed an annual dividend, which will be paid on Monday, June 9th. Investors of record on Wednesday, May 28th will be given a $24.585 dividend. This represents a yield of 8.6%. This is a positive change from Grupo Aeroportuario del Sureste, S. A. B. de C. V.'s previous annual dividend of $5.60. 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 (DPR) is presently 83.31%.

Wall Street Analyst Weigh In

Several research analysts recently commented on the company. Jefferies Financial Group reduced their target price 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. 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 note on Monday, May 19th.

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.