Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) Hits New 1-Year Low - Time to Sell?

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

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group cut their target price on shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. from $321.00 to $310.00 and set a "hold" rating for the company in a research note on Wednesday, February 12th.

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

The company has a quick ratio of 4.65, a current ratio of 4.65 and a debt-to-equity ratio of 0.20. The firm has a 50-day moving average price of $282.18 and a two-hundred day moving average price of $273.32. The firm has a market cap of $9.64 billion, a PE ratio of 12.11, a P/E/G 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 announced its quarterly earnings data on Tuesday, April 22nd. The transportation company reported $5.74 earnings per share for the quarter, missing analysts' consensus estimates of $5.77 by ($0.03). 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%. The firm had revenue of $430.05 million during the quarter, compared to analysts' expectations of $462.98 million. 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 firm also recently declared an annual dividend, which will be paid on Monday, June 9th. Investors of record on Wednesday, May 28th will be given a dividend of $24.585 per share. The ex-dividend date is Wednesday, May 28th. This is a positive change from Grupo Aeroportuario del Sureste, S. A. B. de C. V.'s previous annual dividend of $5.60. This represents a 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.

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

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