Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR - Get Free Report)'s share price reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $360.00 and last traded at $356.87, with a volume of 10086 shares trading hands. The stock had previously closed at $345.93.
Wall Street Analysts Forecast Growth
Several equities analysts recently weighed in on ASR shares. Scotiabank lowered shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a "sector outperform" rating to a "sector perform" rating in a report on Monday, May 19th. Jefferies Financial Group dropped their price objective on shares of 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.
View Our Latest Research Report on Grupo Aeroportuario del Sureste, S. A. B. de C. V.
Grupo Aeroportuario del Sureste, S. A. B. de C. V. Stock Up 0.6%
The company has a current ratio of 4.65, a quick ratio of 4.65 and a debt-to-equity ratio of 0.20. The firm's 50 day simple moving average is $304.61 and its 200-day simple moving average is $281.36. The stock has a market capitalization of $9.66 billion, a price-to-earnings ratio of 12.14, a price-to-earnings-growth ratio of 7.16 and a beta of 0.75.
Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR - Get Free Report) last released its quarterly earnings data 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 company had revenue of $430.05 million during the quarter, compared to analyst estimates of $462.98 million. 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%. Equities analysts expect 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 announced an annual dividend, which will be paid on Monday, June 9th. Investors of record on Wednesday, May 28th will be issued a dividend of $24.585 per share. This is an increase from Grupo Aeroportuario del Sureste, S. A. B. de C. V.'s previous annual dividend of $5.60. The ex-dividend date is Wednesday, May 28th. This represents a dividend yield of 8.6%. Grupo Aeroportuario del Sureste, S. A. B. de C. V.'s payout ratio is presently 83.31%.
Institutional Trading of Grupo Aeroportuario del Sureste, S. A. B. de C. V.
Hedge funds and other institutional investors have recently modified their holdings of the stock. Headlands Technologies LLC bought a new position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the 4th quarter worth $61,000. Wells Fargo & Company MN boosted its holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 67.5% in the 4th 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 during the period. Mirae Asset Global Investments Co. Ltd. boosted its holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 41.2% in the 4th 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 during the period. Signaturefd LLC lifted its holdings in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 16.8% during the 1st quarter. Signaturefd LLC now owns 438 shares of the transportation company's stock worth $120,000 after acquiring an additional 63 shares during the period. Finally, Blue Trust Inc. lifted its stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 7.8% in the 1st quarter. Blue Trust Inc. now owns 524 shares of the transportation company's stock valued at $143,000 after purchasing an additional 38 shares during the last quarter. Institutional investors own 10.57% of the company's stock.
About Grupo Aeroportuario del Sureste, S. A. B. de C. V.
(
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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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