Cwm LLC Increases Stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR)

Cwm LLC raised its position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) by 227.8% in the 4th quarter, Holdings Channel reports. The fund owned 118 shares of the transportation company’s stock after acquiring an additional 82 shares during the period. Cwm LLC’s holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. were worth $35,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in ASR. Itau Unibanco Holding S.A. lifted its position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 34.5% in the third quarter. Itau Unibanco Holding S.A. now owns 59,505 shares of the transportation company’s stock valued at $14,621,000 after purchasing an additional 15,268 shares during the period. Healthcare of Ontario Pension Plan Trust Fund raised its stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 24.9% during the 3rd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 50,100 shares of the transportation company’s stock worth $12,310,000 after buying an additional 10,000 shares in the last quarter. Hsbc Holdings PLC lifted its holdings in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 224.9% in the 3rd quarter. Hsbc Holdings PLC now owns 42,562 shares of the transportation company’s stock valued at $10,515,000 after buying an additional 29,462 shares during the period. Bar Harbor Wealth Management boosted its stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 0.7% in the third quarter. Bar Harbor Wealth Management now owns 30,783 shares of the transportation company’s stock valued at $7,564,000 after buying an additional 209 shares in the last quarter. Finally, Canada Pension Plan Investment Board grew its holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 169.8% during the third quarter. Canada Pension Plan Investment Board now owns 28,600 shares of the transportation company’s stock worth $7,027,000 after acquiring an additional 18,000 shares during the period. Hedge funds and other institutional investors own 10.57% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have commented on ASR. StockNews.com raised Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a “hold” rating to a “buy” rating in a report on Tuesday, April 23rd. Barclays cut shares of 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 raised shares of 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 stock from $274.00 to $326.00 in a report on Friday, January 26th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat, the company 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. Stock Performance

Shares of ASR stock opened at $347.48 on Friday. The stock has a fifty day moving average price of $318.49 and a 200 day moving average price of $283.80. The company has a debt-to-equity ratio of 0.21, a quick ratio of 3.87 and a current ratio of 3.88. The stock has a market cap of $10.42 billion, a PE ratio of 16.43, a P/E/G ratio of 3.17 and a beta of 1.14. 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.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) last released its quarterly earnings results on Monday, February 26th. The transportation company reported $4.99 earnings per share (EPS) for the quarter, missing the consensus estimate of $5.78 by ($0.79). 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 firm had revenue of $392.31 million for the quarter. Sell-side analysts forecast that Grupo Aeroportuario del Sureste, S. A. B. de C. V. will post 24.43 earnings per share for the current fiscal year.

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

The firm also recently announced an annual dividend, which will be paid on Monday, June 10th. Shareholders of record on Tuesday, May 28th will be given a dividend of $5.727 per share. The ex-dividend date is Tuesday, May 28th. This represents a yield of 1.7%. This is a boost from Grupo Aeroportuario del Sureste, S. A. B. de C. V.’s previous annual dividend of $5.71. Grupo Aeroportuario del Sureste, S. A. B. de C. V.’s payout ratio is presently 23.97%.

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.