Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) Shares Sold by Itau Unibanco Holding S.A.

Itau Unibanco Holding S.A. decreased its position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR - Free Report) by 85.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,311 shares of the transportation company's stock after selling 73,008 shares during the quarter. Itau Unibanco Holding S.A.'s holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. were worth $3,168,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently modified their holdings of the company. Fisher Funds Management LTD purchased a new position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the fourth quarter worth about $13,464,000. AQR Capital Management LLC grew its stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 16.4% in the fourth quarter. AQR Capital Management LLC now owns 136,846 shares of the transportation company's stock worth $35,256,000 after purchasing an additional 19,302 shares during the last quarter. Proficio Capital Partners LLC bought a new position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the fourth quarter valued at approximately $4,646,000. Arrowstreet Capital Limited Partnership bought a new stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the 4th quarter valued at about $4,187,000. Finally, Hsbc Holdings PLC boosted its position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 16.6% during the fourth quarter. Hsbc Holdings PLC now owns 106,311 shares of the transportation company's stock valued at $27,389,000 after purchasing an additional 15,112 shares in the last quarter. 10.57% of the stock is currently owned by institutional investors.

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

ASR traded down $1.19 during trading hours on Tuesday, hitting $321.13. The company's stock had a trading volume of 11,506 shares, compared to its average volume of 46,063. The business's 50-day moving average price is $282.18 and its 200-day moving average price is $273.32. 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 stock has a market cap of $9.63 billion, a price-to-earnings ratio of 12.10, a P/E/G ratio of 7.16 and a beta of 0.75. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a 12 month low of $248.88 and a 12 month high of $356.90.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR - Get Free Report) last released its quarterly earnings results on Tuesday, April 22nd. The transportation company reported $5.74 EPS 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 return on equity of 26.25% and a net margin of 50.08%. The firm had revenue of $430.05 million for the quarter, compared to analysts' expectations of $462.98 million. Sell-side 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 disclosed an annual dividend, which will be paid on Monday, June 9th. Stockholders of record on Wednesday, May 28th will be paid 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. This represents a dividend yield of 8.6%. The ex-dividend date is Wednesday, May 28th. Grupo Aeroportuario del Sureste, S. A. B. de C. V.'s payout ratio is presently 83.31%.

Analyst Ratings Changes

Separately, Jefferies Financial Group reduced their price objective on 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 report on Wednesday, February 12th.

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.