AQR Capital Management LLC increased its position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR - Free Report) by 16.4% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 136,846 shares of the transportation company's stock after acquiring an additional 19,302 shares during the period. AQR Capital Management LLC owned about 0.46% of Grupo Aeroportuario del Sureste, S. A. B. de C. V. worth $35,256,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also bought and sold shares of ASR. Fisher Funds Management LTD bought a new stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the 4th quarter worth approximately $13,464,000. Proficio Capital Partners LLC acquired a new position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the 4th quarter worth about $4,646,000. Arrowstreet Capital Limited Partnership bought a new stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the 4th quarter valued at about $4,187,000. Hsbc Holdings PLC increased its stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 16.6% in the fourth quarter. Hsbc Holdings PLC now owns 106,311 shares of the transportation company's stock valued at $27,389,000 after buying an additional 15,112 shares during the period. Finally, Canada Pension Plan Investment Board lifted its stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 27.9% in the fourth quarter. Canada Pension Plan Investment Board now owns 30,700 shares of the transportation company's stock worth $7,909,000 after acquiring an additional 6,700 shares during the period. Institutional investors and hedge funds own 10.57% of the company's stock.
Wall Street Analyst Weigh In
Separately, Jefferies Financial Group reduced 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 research note on Wednesday, February 12th.
Get Our Latest Stock Report on Grupo Aeroportuario del Sureste, S. A. B. de C. V.
Grupo Aeroportuario del Sureste, S. A. B. de C. V. Stock Up 0.4 %
ASR stock traded up $1.14 during trading on Tuesday, reaching $323.46. 64,444 shares of the stock were exchanged, compared to its average volume of 46,271. 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. has a twelve month low of $248.88 and a twelve month high of $356.90. The firm's 50 day moving average is $282.18 and its 200 day moving average is $273.32. The firm has a market cap of $9.70 billion, a P/E ratio of 12.19, 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 earnings per share 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 analyst estimates of $462.98 million. Grupo Aeroportuario del Sureste, S. A. B. de C. V. had a return on equity of 26.25% and a net margin of 50.08%. As a group, research analysts forecast that Grupo Aeroportuario del Sureste, S. A. B. de C. V. will post 23 EPS for the current year.
Grupo Aeroportuario del Sureste, S. A. B. de C. V. Increases Dividend
The business also recently declared an annual dividend, which will be paid on Monday, June 9th. Shareholders of record on Wednesday, May 28th will be paid a dividend of $24.585 per share. The ex-dividend date of this dividend is Wednesday, May 28th. This represents a yield of 8.6%. This is an increase from Grupo Aeroportuario del Sureste, S. A. B. de C. V.'s previous annual dividend of $5.60. Grupo Aeroportuario del Sureste, S. A. B. de C. V.'s payout ratio is 83.31%.
Grupo Aeroportuario del Sureste, S. A. B. de C. V. Profile
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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.
Further Reading
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