Rhumbline Advisers Has $1.25 Million Stock Holdings in Grupo Aeroportuario del Sureste, S.A. de C.V. $ASR

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

Other hedge funds have also recently made changes to their positions in the company. Sumitomo Mitsui Trust Group Inc. acquired a new position in shares of Grupo Aeroportuario del Sureste in the first quarter valued at approximately $227,000. Northern Trust Corp grew its holdings in Grupo Aeroportuario del Sureste by 88.1% during the 4th quarter. Northern Trust Corp now owns 4,316 shares of the transportation company’s stock worth $1,112,000 after acquiring an additional 2,021 shares during the last quarter. Citadel Advisors LLC acquired a new position in Grupo Aeroportuario del Sureste in the 4th quarter valued at approximately $742,000. Formidable Asset Management LLC bought a new position in shares of Grupo Aeroportuario del Sureste during the fourth quarter valued at $412,000. Finally, Millennium Management LLC lifted its holdings in shares of Grupo Aeroportuario del Sureste by 159.1% during the fourth quarter. Millennium Management LLC now owns 17,553 shares of the transportation company’s stock worth $4,522,000 after purchasing an additional 10,778 shares during the period. 10.57% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, Citigroup restated a “buy” rating on shares of Grupo Aeroportuario del Sureste in a report on Wednesday, September 10th. One research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, Grupo Aeroportuario del Sureste has a consensus rating of “Hold” and an average target price of $310.00.

Grupo Aeroportuario del Sureste Stock Performance

Shares of ASR opened at $336.22 on Friday. The firm has a market capitalization of $10.09 billion, a P/E ratio of 16.20, a P/E/G ratio of 8.65 and a beta of 0.76. Grupo Aeroportuario del Sureste, S.A. de C.V. has a 52 week low of $248.88 and a 52 week high of $360.00. The stock has a 50 day moving average price of $321.42 and a two-hundred day moving average price of $309.84. The company has a debt-to-equity ratio of 0.18, a quick ratio of 5.16 and a current ratio of 5.16.

Grupo Aeroportuario del Sureste (NYSE:ASR) last posted its earnings results on Tuesday, July 22nd. The transportation company reported $3.80 earnings per share for the quarter, missing analysts’ consensus estimates of $6.01 by ($2.21). The company had revenue of $464.62 million during the quarter, compared to the consensus estimate of $8.98 billion. Grupo Aeroportuario del Sureste had a net margin of 37.14% and a return on equity of 19.91%. Equities analysts forecast that Grupo Aeroportuario del Sureste, S.A. de C.V. will post 23 earnings per share for the current fiscal year.

Grupo Aeroportuario del Sureste Announces Dividend

The company also recently disclosed a special dividend, which will be paid on Friday, October 10th. Shareholders of record on Monday, September 29th will be issued a dividend of $8.0427 per share. This represents a yield of 920.0%. The ex-dividend date of this dividend is Monday, September 29th. Grupo Aeroportuario del Sureste’s payout ratio is currently 111.52%.

Grupo Aeroportuario del Sureste 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.