Rhumbline Advisers Has $1.25 Million Stock Position in Grupo Aeroportuario del Sureste, S.A. de C.V. (NYSE:ASR)

Rhumbline Advisers trimmed its holdings in Grupo Aeroportuario del Sureste, S.A. de C.V. (NYSE:ASR) by 6.3% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,572 shares of the transportation company’s stock after selling 306 shares during the quarter. Rhumbline Advisers’ holdings in Grupo Aeroportuario del Sureste were worth $1,252,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently added to or reduced their stakes in the business. Northern Trust Corp grew its holdings in shares of Grupo Aeroportuario del Sureste by 88.1% during the fourth quarter. Northern Trust Corp now owns 4,316 shares of the transportation company’s stock valued at $1,112,000 after buying an additional 2,021 shares during the last quarter. AGF Management Ltd. bought a new position in Grupo Aeroportuario del Sureste in the 4th quarter worth approximately $827,000. Citadel Advisors LLC purchased a new position in shares of Grupo Aeroportuario del Sureste in the fourth quarter valued at $742,000. Fisher Funds Management LTD bought a new stake in shares of Grupo Aeroportuario del Sureste during the fourth quarter valued at about $13,464,000. Finally, Malaga Cove Capital LLC grew its position in shares of Grupo Aeroportuario del Sureste by 118.5% during the 4th quarter. Malaga Cove Capital LLC now owns 1,617 shares of the transportation company’s stock valued at $417,000 after purchasing an additional 877 shares in the last quarter. 10.57% of the stock is owned by institutional investors and hedge funds.

Grupo Aeroportuario del Sureste Price Performance

ASR stock opened at $306.10 on Friday. Grupo Aeroportuario del Sureste, S.A. de C.V. has a 12-month low of $248.88 and a 12-month high of $360.00. The stock has a market capitalization of $9.18 billion, a price-to-earnings ratio of 11.53, a PEG ratio of 7.71 and a beta of 0.76. The company has a current ratio of 5.16, a quick ratio of 5.16 and a debt-to-equity ratio of 0.18. The firm’s 50-day moving average price is $318.83 and its two-hundred day moving average price is $287.41.

Grupo Aeroportuario del Sureste (NYSE:ASR) last released its quarterly earnings results on Tuesday, April 22nd. The transportation company reported $5.74 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $5.77 by ($0.03). Grupo Aeroportuario del Sureste had a return on equity of 25.70% and a net margin of 50.07%. The company had revenue of $430.05 million during the quarter, compared to the consensus estimate of $462.98 million. As a group, equities analysts predict that Grupo Aeroportuario del Sureste, S.A. de C.V. will post 23 earnings per share for the current year.

Grupo Aeroportuario del Sureste Increases Dividend

The business also recently disclosed an annual dividend, which was paid on Monday, June 9th. Investors of record on Wednesday, May 28th were given a dividend of $24.585 per share. This represents a yield of 8.6%. The ex-dividend date was Wednesday, May 28th. This is a positive change from Grupo Aeroportuario del Sureste’s previous annual dividend of $5.60. Grupo Aeroportuario del Sureste’s dividend payout ratio (DPR) is 87.16%.

Analyst Upgrades and Downgrades

Separately, Scotiabank cut Grupo Aeroportuario del Sureste from a “sector outperform” rating to a “sector perform” rating in a report on Monday, May 19th.

About Grupo Aeroportuario del Sureste

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.