923 Shares in Grupo Aeroportuario del Sureste, S.A. de C.V. (NYSE:ASR) Acquired by SkyOak Wealth LLC

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

A number of other institutional investors also recently added to or reduced their stakes in ASR. Headlands Technologies LLC acquired a new stake in Grupo Aeroportuario del Sureste during the fourth quarter valued at approximately $61,000. Wells Fargo & Company MN boosted its holdings in Grupo Aeroportuario del Sureste by 67.5% during 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. Blue Trust Inc. raised its stake 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 during the last quarter. US Bancorp DE raised its stake 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 during the last quarter. Finally, Two Sigma Securities LLC bought a new position in shares of Grupo Aeroportuario del Sureste in the fourth quarter valued at approximately $208,000. 10.57% of the stock is owned by institutional investors and hedge funds.

Grupo Aeroportuario del Sureste Price Performance

Shares of NYSE:ASR traded up $6.54 during trading on Wednesday, reaching $311.78. The stock had a trading volume of 71,842 shares, compared to its average volume of 55,622. Grupo Aeroportuario del Sureste, S.A. de C.V. has a 52 week low of $248.88 and a 52 week high of $360.00. The business's 50-day moving average price is $321.98 and its 200 day moving average price is $293.21. The company has a debt-to-equity ratio of 0.18, a current ratio of 5.16 and a quick ratio of 5.16. The stock has a market capitalization of $9.35 billion, a PE ratio of 11.74, a P/E/G ratio of 7.61 and a beta of 0.74.

Grupo Aeroportuario del Sureste (NYSE:ASR - Get Free Report) last posted its earnings results on Tuesday, April 22nd. The transportation company reported $5.74 earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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 during the quarter, compared to the consensus estimate of $462.98 million. As a group, equities analysts predict 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 business also recently disclosed an annual dividend, which was paid on Monday, June 9th. Investors of record on Wednesday, May 28th were given a $24.585 dividend. This represents a yield of 8.6%. The ex-dividend date was Wednesday, May 28th. This is a boost from Grupo Aeroportuario del Sureste's previous annual dividend of $5.60. Grupo Aeroportuario del Sureste's payout ratio is 87.16%.

Wall Street Analysts Forecast Growth

Separately, Scotiabank cut shares of Grupo Aeroportuario del Sureste from a "sector outperform" rating to a "sector perform" rating in a research note on Monday, May 19th.

About Grupo Aeroportuario del Sureste

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.