Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) Sets New 52-Week Low - Should You Sell?

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR - Get Free Report) shares hit a new 52-week low during trading on Wednesday . The stock traded as low as $306.10 and last traded at $317.04, with a volume of 69838 shares. The stock had previously closed at $312.48.

Analyst Ratings Changes

Separately, 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.

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

The firm's 50 day simple moving average is $281.21 and its 200 day simple moving average is $273.07. The firm has a market cap of $9.42 billion, a PE ratio of 11.84, a PEG ratio of 7.16 and a beta of 0.73. The company has a current ratio of 4.65, a quick ratio of 4.65 and a debt-to-equity ratio of 0.20.

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 business had revenue of $430.05 million for the quarter, compared to the consensus estimate 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%. On average, research analysts forecast 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 business also recently disclosed an annual dividend, which will be paid on Monday, June 9th. Stockholders of record on Wednesday, May 28th will be paid a $24.585 dividend. This represents a dividend yield of 8.6%. This is a positive change from Grupo Aeroportuario del Sureste, S. A. B. de C. V.'s previous annual dividend of $5.60. The ex-dividend date of this dividend is Wednesday, May 28th. Grupo Aeroportuario del Sureste, S. A. B. de C. V.'s dividend payout ratio (DPR) is presently 40.26%.

Hedge Funds Weigh In On Grupo Aeroportuario del Sureste, S. A. B. de C. V.

Large investors have recently modified their holdings of the stock. Signaturefd LLC lifted its stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 16.8% in the first quarter. Signaturefd LLC now owns 438 shares of the transportation company's stock worth $120,000 after purchasing an additional 63 shares during the last quarter. SkyOak Wealth LLC bought a new stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the first quarter valued at approximately $253,000. Cerity Partners LLC boosted its holdings in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 102.5% in the first quarter. Cerity Partners LLC now owns 2,242 shares of the transportation company's stock valued at $614,000 after purchasing an additional 1,135 shares during the period. Sumitomo Mitsui Trust Group Inc. purchased a new stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the first quarter valued at approximately $227,000. Finally, Wealthquest Corp bought a new position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the first quarter worth approximately $3,979,000. Institutional investors own 10.57% of the company's stock.

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.