Northern Trust Corp Has $1.11 Million Position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR)

Northern Trust Corp raised its position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR - Free Report) by 88.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,316 shares of the transportation company's stock after purchasing an additional 2,021 shares during the quarter. Northern Trust Corp's holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. were worth $1,112,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the business. Fisher Funds Management LTD acquired a new position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the 4th quarter valued at about $13,464,000. Proficio Capital Partners LLC bought a new position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the fourth quarter valued at approximately $4,646,000. Arrowstreet Capital Limited Partnership bought a new position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the fourth quarter valued at approximately $4,187,000. Hsbc Holdings PLC increased its stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 16.6% during the fourth quarter. Hsbc Holdings PLC now owns 106,311 shares of the transportation company's stock valued at $27,389,000 after acquiring an additional 15,112 shares during the period. Finally, Canada Pension Plan Investment Board raised its holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 27.9% during the fourth 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 in the last quarter. Institutional investors own 10.57% of the company's stock.

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

Shares of ASR traded up $2.99 during mid-day trading on Friday, hitting $320.99. The company's stock had a trading volume of 103,892 shares, compared to its average volume of 48,200. The company has a debt-to-equity ratio of 0.20, a current ratio of 4.65 and a quick ratio of 4.65. The firm has a 50-day moving average price of $305.98 and a 200 day moving average price of $282.16. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a fifty-two week low of $248.88 and a fifty-two week high of $360.00. The stock has a market capitalization of $9.63 billion, a price-to-earnings ratio of 12.10, a PEG ratio of 7.16 and a beta of 0.75.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR - Get Free Report) last issued 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). The business had revenue of $430.05 million for the quarter, compared to the consensus estimate 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%. On average, research 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 disclosed an annual dividend, which will be paid on Monday, June 9th. Stockholders of record on Wednesday, May 28th will be paid a dividend of $24.585 per share. 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. This represents a dividend yield of 8.6%. Grupo Aeroportuario del Sureste, S. A. B. de C. V.'s dividend payout ratio (DPR) is currently 83.31%.

Wall Street Analysts Forecast Growth

ASR has been the subject of a number of research reports. Jefferies Financial Group decreased 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 for the company in a research note on Wednesday, February 12th. Scotiabank cut 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. 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.