1,923 Shares in Grupo Aeroportuario del Sureste, S.A. de C.V. $ASR Bought by Y Intercept Hong Kong Ltd

Y Intercept Hong Kong Ltd purchased a new position in shares of Grupo Aeroportuario del Sureste, S.A. de C.V. (NYSE:ASR) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 1,923 shares of the transportation company’s stock, valued at approximately $613,000.

A number of other hedge funds have also bought and sold shares of the business. AQR Capital Management LLC lifted its holdings in Grupo Aeroportuario del Sureste by 126.2% during the first quarter. AQR Capital Management LLC now owns 309,500 shares of the transportation company’s stock worth $84,339,000 after acquiring an additional 172,654 shares during the period. Nuveen LLC bought a new stake in Grupo Aeroportuario del Sureste during the first quarter worth $44,197,000. Hsbc Holdings PLC lifted its holdings in Grupo Aeroportuario del Sureste by 8.2% during the first quarter. Hsbc Holdings PLC now owns 115,028 shares of the transportation company’s stock worth $31,498,000 after acquiring an additional 8,717 shares during the period. National Bank of Canada FI lifted its holdings in Grupo Aeroportuario del Sureste by 15.5% during the first quarter. National Bank of Canada FI now owns 75,043 shares of the transportation company’s stock worth $20,546,000 after acquiring an additional 10,072 shares during the period. Finally, Canada Pension Plan Investment Board lifted its holdings in Grupo Aeroportuario del Sureste by 41.2% during the first quarter. Canada Pension Plan Investment Board now owns 43,360 shares of the transportation company’s stock worth $11,873,000 after acquiring an additional 12,660 shares during the period. 10.57% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms have issued reports on ASR. Citigroup reissued a “buy” rating on shares of Grupo Aeroportuario del Sureste in a research report on Wednesday, September 10th. Weiss Ratings reissued a “hold (c)” rating on shares of Grupo Aeroportuario del Sureste in a research report on Wednesday, October 8th. Finally, Zacks Research downgraded Grupo Aeroportuario del Sureste from a “hold” rating to a “strong sell” rating in a research report on Monday, October 6th. One equities research analyst has rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Grupo Aeroportuario del Sureste has a consensus rating of “Hold” and a consensus price target of $310.00.

Grupo Aeroportuario del Sureste Price Performance

Shares of NYSE ASR opened at $310.71 on Thursday. The stock has a market cap of $9.32 billion, a PE ratio of 16.47, a price-to-earnings-growth ratio of 8.54 and a beta of 0.77. Grupo Aeroportuario del Sureste, S.A. de C.V. has a fifty-two week low of $248.88 and a fifty-two week high of $360.00. The company has a debt-to-equity ratio of 0.18, a quick ratio of 5.16 and a current ratio of 5.16. The stock has a fifty day moving average of $321.78 and a 200-day moving average of $319.39.

Grupo Aeroportuario del Sureste (NYSE:ASR) last announced its quarterly earnings results on Wednesday, October 22nd. The transportation company reported $3.84 earnings per share for the quarter, missing the consensus estimate of $5.26 by ($1.42). The company had revenue of $475.81 million during the quarter, compared to analysts’ expectations of $502.91 million. Grupo Aeroportuario del Sureste had a net margin of 31.96% and a return on equity of 17.47%. Equities research analysts anticipate that Grupo Aeroportuario del Sureste, S.A. de C.V. will post 23 earnings per share for the current year.

Grupo Aeroportuario del Sureste Announces Dividend

The business also recently declared an annual dividend, which will be paid on Monday, December 8th. Stockholders of record on Wednesday, November 26th will be given a $8.1473 dividend. The ex-dividend date is Wednesday, November 26th. This represents a dividend yield of 263.0%. Grupo Aeroportuario del Sureste’s payout ratio is 200.48%.

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.