Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) Shares Sold by BNP Paribas Financial Markets

BNP Paribas Financial Markets reduced its position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR - Free Report) by 12.9% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 37,599 shares of the transportation company's stock after selling 5,590 shares during the quarter. BNP Paribas Financial Markets owned 0.13% of Grupo Aeroportuario del Sureste, S. A. B. de C. V. worth $11,064,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the company. Metis Global Partners LLC grew its stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 21.1% during the 4th quarter. Metis Global Partners LLC now owns 5,546 shares of the transportation company's stock valued at $1,632,000 after purchasing an additional 965 shares during the period. ABS Direct Equity Fund LLC bought a new stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the 4th quarter valued at about $2,030,000. CWM LLC grew its stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 227.8% during the 4th quarter. CWM LLC now owns 118 shares of the transportation company's stock valued at $35,000 after purchasing an additional 82 shares during the period. Signaturefd LLC grew its stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 53.5% during the 4th quarter. Signaturefd LLC now owns 413 shares of the transportation company's stock valued at $122,000 after purchasing an additional 144 shares during the period. Finally, Sequoia Financial Advisors LLC bought a new stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the 4th quarter valued at about $214,000. 10.57% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the company. StockNews.com upgraded Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a "hold" rating to a "buy" rating in a research note on Tuesday, April 23rd. Barclays downgraded Grupo Aeroportuario del Sureste, S. A. B. de C. V. from an "overweight" rating to an "equal weight" rating in a research note on Wednesday, March 13th. Finally, The Goldman Sachs Group upgraded Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a "sell" rating to a "buy" rating and boosted their price objective for the company from $274.00 to $326.00 in a research note on Friday, January 26th. One research analyst has rated the stock with a sell rating, one has given a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, Grupo Aeroportuario del Sureste, S. A. B. de C. V. presently has a consensus rating of "Moderate Buy" and an average target price of $274.00.

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

NYSE ASR traded down $1.01 during trading hours on Friday, reaching $353.33. The company's stock had a trading volume of 15,483 shares, compared to its average volume of 46,233. The firm's 50-day moving average price is $325.71 and its 200-day moving average price is $289.64. The company has a quick ratio of 3.87, a current ratio of 3.88 and a debt-to-equity ratio of 0.21. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a 1 year low of $165.00 and a 1 year high of $357.90. The company has a market capitalization of $10.60 billion, a price-to-earnings ratio of 16.71, a PEG ratio of 3.31 and a beta of 1.14.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR - Get Free Report) last posted its quarterly earnings results on Monday, April 22nd. The transportation company reported $6.21 EPS for the quarter. Grupo Aeroportuario del Sureste, S. A. B. de C. V. had a return on equity of 22.21% and a net margin of 40.21%. The company had revenue of $438.09 million for the quarter. On average, equities research analysts predict that Grupo Aeroportuario del Sureste, S. A. B. de C. V. will post 23.87 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 10th. Investors of record on Tuesday, May 28th will be issued a $5.727 dividend. The ex-dividend date of this dividend is Friday, May 24th. This is a boost from Grupo Aeroportuario del Sureste, S. A. B. de C. V.'s previous annual dividend of $5.71. This represents a yield of 1.7%. Grupo Aeroportuario del Sureste, S. A. B. de C. V.'s payout ratio is currently 24.02%.

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