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 Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR - Free Report) by 3.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 144,162 shares of the transportation company's stock after selling 4,944 shares during the quarter. Nuveen Asset Management LLC owned about 0.48% of Grupo Aeroportuario del Sureste, S. A. B. de C. V. worth $37,140,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Headlands Technologies LLC bought a new position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the fourth quarter worth about $61,000. Wells Fargo & Company MN lifted its holdings in shares of 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 valued at $89,000 after purchasing an additional 139 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its holdings in shares of 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 valued at $91,000 after purchasing an additional 101 shares in the last quarter. US Bancorp DE lifted its stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 7.2% in the 4th quarter. US Bancorp DE now owns 699 shares of the transportation company's stock valued at $180,000 after acquiring an additional 47 shares in the last quarter. Finally, Two Sigma Securities LLC bought a new stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the 4th quarter valued at approximately $208,000. 10.57% of the stock is currently owned by institutional investors.

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

ASR stock traded up $3.64 during midday trading on Friday, reaching $346.06. 31,235 shares of the stock were exchanged, compared to its average volume of 47,672. The company has a fifty day moving average price of $301.48 and a 200 day moving average price of $279.96. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a 52 week low of $248.88 and a 52 week high of $349.28. The stock has a market capitalization of $10.38 billion, a PE ratio of 13.04, a P/E/G ratio of 7.16 and a beta of 0.75. The company has a debt-to-equity ratio of 0.20, a current ratio of 4.65 and a quick ratio of 4.65.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR - Get Free Report) last posted 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). 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%. The firm had revenue of $430.05 million during the quarter, compared to the consensus estimate of $462.98 million. As a group, 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 declared an annual dividend, which will be paid on Monday, June 9th. Shareholders of record on Wednesday, May 28th will be given a dividend of $24.585 per share. The ex-dividend date is Wednesday, May 28th. This represents a 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. Grupo Aeroportuario del Sureste, S. A. B. de C. V.'s dividend payout ratio is 83.31%.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the company. Jefferies Financial Group dropped 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 on the stock in a report 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 report on Monday, May 19th.

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

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.