Russell Investments Group Ltd. Sells 12,042 Shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR)

Russell Investments Group Ltd. decreased its stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) by 50.5% during the fourth quarter, Holdings Channel reports. The firm owned 11,793 shares of the transportation company’s stock after selling 12,042 shares during the quarter. Russell Investments Group Ltd.’s holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. were worth $3,470,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in ASR. Hsbc Holdings PLC lifted its position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 224.9% during the third quarter. Hsbc Holdings PLC now owns 42,562 shares of the transportation company’s stock valued at $10,515,000 after purchasing an additional 29,462 shares during the period. Canada Pension Plan Investment Board lifted its position 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 valued at $7,027,000 after purchasing an additional 18,000 shares during the period. Itau Unibanco Holding S.A. lifted its position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 34.5% during 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 lifted its position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 24.9% during the third quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 50,100 shares of the transportation company’s stock valued at $12,310,000 after purchasing an additional 10,000 shares during the period. Finally, Alpine Global Management LLC bought a new position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the third quarter valued at approximately $1,303,000. Institutional investors own 10.57% of the company’s stock.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. Stock Up 0.4 %

ASR opened at $348.58 on Friday. The company has a current ratio of 3.88, a quick ratio of 3.87 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 $10.46 billion, a PE ratio of 16.48, a PEG ratio of 3.31 and a beta of 1.14. The firm’s 50 day simple moving average is $319.69 and its two-hundred day simple moving average is $285.29.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) last announced its quarterly earnings data on Monday, February 26th. The transportation company reported $4.99 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $5.78 by ($0.79). The firm had revenue of $392.31 million during 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%. As a group, equities analysts forecast that Grupo Aeroportuario del Sureste, S. A. B. de C. V. will post 23.87 EPS for the current year.

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

The company also recently disclosed an annual dividend, which will be paid on Monday, June 10th. Stockholders of record on Tuesday, May 28th will be paid a $5.727 dividend. The ex-dividend date 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 dividend yield of 1.7%. Grupo Aeroportuario del Sureste, S. A. B. de C. V.’s dividend payout ratio is 24.02%.

Analyst Ratings Changes

ASR has been the topic of several recent research reports. Barclays downgraded shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. from an “overweight” rating to an “equal weight” rating in a research report on Wednesday, March 13th. StockNews.com upgraded shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a “hold” rating to a “buy” rating in a research report on Tuesday, April 23rd. Finally, The Goldman Sachs Group upgraded shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a “sell” rating to a “buy” rating and increased their price target for the stock from $274.00 to $326.00 in a research report on Friday, January 26th. One analyst has rated the stock with a sell rating, one has given a hold rating and five have issued a buy rating to the stock. According to MarketBeat.com, Grupo Aeroportuario del Sureste, S. A. B. de C. V. has an average rating of “Moderate Buy” and a consensus price target of $274.00.

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

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.