Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) Shares Sold by Price T Rowe Associates Inc. MD

Price T Rowe Associates Inc. MD trimmed its holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR - Free Report) by 2.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 97,681 shares of the transportation company's stock after selling 2,730 shares during the quarter. Price T Rowe Associates Inc. MD owned 0.33% of Grupo Aeroportuario del Sureste, S. A. B. de C. V. worth $25,166,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of ASR. Headlands Technologies LLC purchased a new stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the fourth quarter worth about $61,000. Wells Fargo & Company MN boosted its position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 67.5% in the 4th quarter. Wells Fargo & Company MN now owns 345 shares of the transportation company's stock worth $89,000 after purchasing an additional 139 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. increased its holdings in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 41.2% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 346 shares of the transportation company's stock valued at $91,000 after purchasing an additional 101 shares in the last quarter. US Bancorp DE increased its holdings in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 7.2% during the 4th quarter. US Bancorp DE now owns 699 shares of the transportation company's stock valued at $180,000 after purchasing an additional 47 shares in the last quarter. Finally, First Trust Advisors LP acquired a new position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the 4th quarter valued at $221,000. Hedge funds and other institutional investors own 10.57% of the company's stock.

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

ASR traded down $2.25 during trading on Friday, hitting $314.00. The company's stock had a trading volume of 99,131 shares, compared to its average volume of 46,018. 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 firm has a market capitalization of $9.42 billion, a price-to-earnings ratio of 11.84, a P/E/G ratio of 7.16 and a beta of 0.75. The business's fifty day simple moving average is $281.21 and its 200 day simple moving average is $273.07. 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.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR - Get Free Report) last issued its quarterly earnings results 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 company had revenue of $430.05 million during the quarter, compared to analysts' expectations 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%. On average, equities 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 declared an annual dividend, which will be paid on Monday, June 9th. Investors of record on Wednesday, May 28th will be paid a $24.585 dividend. The ex-dividend date of this dividend 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 dividend payout ratio (DPR) is currently 83.31%.

Wall Street Analysts Forecast Growth

Separately, Jefferies Financial Group dropped their price target 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 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.