Grupo Aeroportuario del Sureste, S.A. de C.V. (NYSE:ASR - Get Free Report) shares saw an uptick in trading volume on Monday . 63,845 shares were traded during trading, an increase of 24% from the previous session's volume of 51,634 shares.The stock last traded at $301.38 and had previously closed at $300.91.
Analysts Set New Price Targets
Separately, Scotiabank lowered Grupo Aeroportuario del Sureste from a "sector outperform" rating to a "sector perform" rating in a research report on Monday, May 19th.
Get Our Latest Stock Report on Grupo Aeroportuario del Sureste
Grupo Aeroportuario del Sureste Stock Down 0.5%
The business's 50 day moving average is $319.37 and its 200-day moving average is $288.04. The company has a market cap of $8.98 billion, a PE ratio of 11.27, a P/E/G ratio of 7.56 and a beta of 0.76. The company has a debt-to-equity ratio of 0.18, a current ratio of 5.16 and a quick ratio of 5.16.
Grupo Aeroportuario del Sureste (NYSE:ASR - Get Free Report) last released its quarterly earnings data on Tuesday, April 22nd. The transportation company reported $5.74 earnings per share (EPS) for the quarter, missing the consensus estimate of $5.77 by ($0.03). Grupo Aeroportuario del Sureste had a return on equity of 25.70% and a net margin of 50.07%. The business had revenue of $430.05 million for the quarter, compared to analyst estimates of $462.98 million. As a group, analysts predict that Grupo Aeroportuario del Sureste, S.A. de C.V. will post 23 EPS 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. Stockholders of record on Wednesday, May 28th were given a dividend of $24.585 per share. This represents a dividend yield of 8.6%. The ex-dividend date was Wednesday, May 28th. This is an increase from Grupo Aeroportuario del Sureste's previous annual dividend of $5.60. Grupo Aeroportuario del Sureste's payout ratio is currently 87.16%.
Institutional Inflows and Outflows
Several large investors have recently modified their holdings of ASR. US Bancorp DE lifted its position in Grupo Aeroportuario del Sureste by 4.4% in the first quarter. US Bancorp DE now owns 730 shares of the transportation company's stock valued at $200,000 after acquiring an additional 31 shares during the last quarter. Blue Trust Inc. increased its position in shares of Grupo Aeroportuario del Sureste by 7.8% during the first quarter. Blue Trust Inc. now owns 524 shares of the transportation company's stock worth $143,000 after purchasing an additional 38 shares in the last quarter. Signaturefd LLC lifted its holdings in shares of Grupo Aeroportuario del Sureste by 16.8% in the 1st quarter. Signaturefd LLC now owns 438 shares of the transportation company's stock valued at $120,000 after purchasing an additional 63 shares during the last quarter. Geode Capital Management LLC grew its stake in Grupo Aeroportuario del Sureste by 6.2% during the 4th quarter. Geode Capital Management LLC now owns 1,119 shares of the transportation company's stock worth $288,000 after buying an additional 65 shares during the last quarter. Finally, Cynosure Group LLC grew its stake in Grupo Aeroportuario del Sureste by 5.3% during the 1st quarter. Cynosure Group LLC now owns 1,283 shares of the transportation company's stock worth $351,000 after buying an additional 65 shares during the last quarter. Institutional investors and hedge funds own 10.57% of the company's stock.
About Grupo Aeroportuario del Sureste
(
Get Free Report)
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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