SkyOak Wealth LLC Takes $253,000 Position in Grupo Aeroportuario del Sureste, S.A. de C.V. (NYSE:ASR)

SkyOak Wealth LLC bought a new stake in Grupo Aeroportuario del Sureste, S.A. de C.V. (NYSE:ASR - Free Report) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 923 shares of the transportation company's stock, valued at approximately $253,000.

Several other institutional investors also recently modified their holdings of the business. Blue Trust Inc. grew its holdings in shares of Grupo Aeroportuario del Sureste by 7.8% in the first quarter. Blue Trust Inc. now owns 524 shares of the transportation company's stock valued at $143,000 after acquiring an additional 38 shares in the last quarter. US Bancorp DE grew its holdings in shares of Grupo Aeroportuario del Sureste by 7.2% in the fourth 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. Geode Capital Management LLC grew its holdings in shares of Grupo Aeroportuario del Sureste by 6.2% in the fourth quarter. Geode Capital Management LLC now owns 1,119 shares of the transportation company's stock valued at $288,000 after acquiring an additional 65 shares in the last quarter. Wells Fargo & Company MN grew its holdings in shares of Grupo Aeroportuario del Sureste 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 acquiring an additional 139 shares in the last quarter. Finally, Aquatic Capital Management LLC grew its holdings in shares of Grupo Aeroportuario del Sureste by 13.5% in the fourth quarter. Aquatic Capital Management LLC now owns 1,362 shares of the transportation company's stock valued at $351,000 after acquiring an additional 162 shares in the last quarter. 10.57% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, Scotiabank lowered Grupo Aeroportuario del Sureste from a "sector outperform" rating to a "sector perform" rating in a report on Monday, May 19th.

Grupo Aeroportuario del Sureste Price Performance

Shares of NYSE ASR opened at $307.87 on Friday. The stock has a fifty day simple moving average of $322.69 and a two-hundred day simple moving average of $292.64. Grupo Aeroportuario del Sureste, S.A. de C.V. has a 1-year low of $248.88 and a 1-year high of $360.00. The firm has a market cap of $9.24 billion, a price-to-earnings ratio of 11.60, a price-to-earnings-growth ratio of 7.70 and a beta of 0.74. The company has a current ratio of 5.16, a quick ratio of 5.16 and a debt-to-equity ratio of 0.18.

Grupo Aeroportuario del Sureste (NYSE:ASR - Get Free Report) last announced its quarterly earnings data on Tuesday, April 22nd. The transportation company reported $5.74 earnings per share for the quarter, missing the consensus estimate of $5.77 by ($0.03). Grupo Aeroportuario del Sureste had a net margin of 50.07% and a return on equity of 25.70%. The firm had revenue of $430.05 million for the quarter, compared to the consensus estimate of $462.98 million. Analysts anticipate that Grupo Aeroportuario del Sureste, S.A. de C.V. will post 23 earnings per share for the current year.

Grupo Aeroportuario del Sureste Increases Dividend

The company also recently disclosed an annual dividend, which was paid on Monday, June 9th. Shareholders of record on Wednesday, May 28th were issued a dividend of $24.585 per share. This represents a yield of 8.6%. This is a positive change from Grupo Aeroportuario del Sureste's previous annual dividend of $5.60. The ex-dividend date of this dividend was Wednesday, May 28th. Grupo Aeroportuario del Sureste's dividend payout ratio is 87.16%.

Grupo Aeroportuario del Sureste 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.

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