Nuveen Asset Management LLC Sells 4,944 Shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR)

Nuveen Asset Management LLC cut its holdings in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR - Free Report) by 3.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 144,162 shares of the transportation company's stock after selling 4,944 shares during the period. Nuveen Asset Management LLC owned approximately 0.48% of Grupo Aeroportuario del Sureste, S. A. B. de C. V. worth $37,140,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in ASR. AGF Management Ltd. acquired a new stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the fourth quarter worth about $827,000. Fisher Funds Management LTD acquired a new stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the 4th quarter worth approximately $13,464,000. Abacus FCF Advisors LLC acquired a new position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the fourth quarter valued at approximately $383,000. SG Americas Securities LLC increased its position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 163.5% during the fourth quarter. SG Americas Securities LLC now owns 1,839 shares of the transportation company's stock worth $474,000 after acquiring an additional 1,141 shares in the last quarter. Finally, The Manufacturers Life Insurance Company increased its position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 41.9% during the fourth quarter. The Manufacturers Life Insurance Company now owns 2,680 shares of the transportation company's stock worth $690,000 after acquiring an additional 791 shares in the last quarter. 10.57% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the stock. Scotiabank cut shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a "sector outperform" rating to a "sector perform" rating in a research report on Monday, May 19th. Jefferies Financial Group cut 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 report on Wednesday, February 12th.

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

ASR traded up $3.64 during trading hours on Monday, hitting $346.06. 31,235 shares of the company's stock were exchanged, compared to its average volume of 47,672. The stock has a market cap of $10.38 billion, a price-to-earnings ratio of 13.04, a PEG ratio of 7.16 and a beta of 0.75. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a 1-year low of $248.88 and a 1-year high of $349.28. The stock's 50-day moving average is $301.48 and its two-hundred day moving average is $280.05. The company has a quick ratio of 4.65, a current 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 issued its quarterly earnings results on Tuesday, April 22nd. The transportation company reported $5.74 EPS for the quarter, missing the consensus estimate 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%. Sell-side analysts predict that Grupo Aeroportuario del Sureste, S. A. B. de C. V. will post 23 earnings per share for the current fiscal year.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. Increases Dividend

The business also recently declared an annual dividend, which will be paid on Monday, June 9th. Investors of record on Wednesday, May 28th will be given a dividend of $24.585 per share. The ex-dividend date of this dividend is Wednesday, May 28th. This is a boost from Grupo Aeroportuario del Sureste, S. A. B. de C. V.'s previous annual dividend of $5.60. This represents a yield of 8.6%. Grupo Aeroportuario del Sureste, S. A. B. de C. V.'s dividend payout ratio is 83.31%.

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.