Deutsche Bank AG Sells 155,182 Shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR)

Deutsche Bank AG decreased its stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) by 95.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 7,548 shares of the transportation company’s stock after selling 155,182 shares during the quarter. Deutsche Bank AG’s holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. were worth $1,945,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently bought and sold shares of ASR. Headlands Technologies LLC acquired a new stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the 4th quarter worth approximately $61,000. Wells Fargo & Company MN lifted its position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 67.5% in the fourth quarter. Wells Fargo & Company MN now owns 345 shares of the transportation company’s stock valued at $89,000 after buying an additional 139 shares during 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% in the fourth 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 during the last quarter. US Bancorp DE grew its position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 7.2% in the fourth quarter. US Bancorp DE now owns 699 shares of the transportation company’s stock valued at $180,000 after purchasing an additional 47 shares during the last quarter. Finally, Two Sigma Securities LLC bought a new position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the 4th quarter worth $208,000. 10.57% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on ASR shares. Jefferies Financial Group cut 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 on the stock in a research note on Wednesday, February 12th. Scotiabank lowered shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a “sector outperform” rating to a “sector perform” rating in a report on Monday, May 19th.

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

ASR opened at $346.06 on Friday. The company has a market cap of $10.38 billion, a price-to-earnings ratio of 13.04, a PEG ratio of 7.16 and a beta of 0.75. The company’s fifty day moving average price is $301.48 and its two-hundred day moving average price is $279.85. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a 1-year low of $248.88 and a 1-year high of $349.28. The company has a current ratio of 4.65, a quick ratio of 4.65 and a debt-to-equity ratio of 0.20.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) last posted its earnings results on Tuesday, April 22nd. The transportation company reported $5.74 earnings per share (EPS) for the quarter, missing the consensus estimate of $5.77 by ($0.03). The firm had revenue of $430.05 million during the quarter, compared to the consensus estimate 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, analysts expect 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 firm also recently announced an annual dividend, which will be paid on Monday, June 9th. Shareholders of record on Wednesday, May 28th will be given a dividend of $24.585 per share. This represents a yield of 8.6%. The ex-dividend date 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. Grupo Aeroportuario del Sureste, S. A. B. de C. V.’s dividend payout ratio (DPR) is currently 83.31%.

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.