Maryland State Retirement & Pension System Acquires 237 Shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR)

Maryland State Retirement & Pension System raised its holdings in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) by 1.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 22,229 shares of the transportation company’s stock after acquiring an additional 237 shares during the period. Maryland State Retirement & Pension System owned about 0.07% of Grupo Aeroportuario del Sureste, S. A. B. de C. V. worth $6,658,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Hsbc Holdings PLC grew its position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 116.7% during the fourth quarter. Hsbc Holdings PLC now owns 92,230 shares of the transportation company’s stock valued at $27,134,000 after acquiring an additional 49,668 shares during the last quarter. Sei Investments Co. bought a new position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the first quarter worth approximately $1,945,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. grew its holdings in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 181.8% in the first quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 3,100 shares of the transportation company’s stock worth $988,000 after purchasing an additional 2,000 shares during the last quarter. BNP Paribas Financial Markets grew its holdings in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 22.5% in the first quarter. BNP Paribas Financial Markets now owns 46,061 shares of the transportation company’s stock worth $14,679,000 after purchasing an additional 8,462 shares during the last quarter. Finally, ABS Direct Equity Fund LLC bought a new position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the fourth quarter worth approximately $2,030,000. 10.57% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, StockNews.com cut shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a “buy” rating to a “hold” rating in a report on Wednesday. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $274.00.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. Trading Down 0.3 %

NYSE:ASR traded down $0.81 during trading hours on Friday, hitting $269.39. The company had a trading volume of 44,332 shares, compared to its average volume of 43,382. The company has a market capitalization of $8.08 billion, a PE ratio of 12.72, a price-to-earnings-growth ratio of 2.38 and a beta of 1.14. The stock has a 50-day moving average price of $292.25 and a 200 day moving average price of $309.43. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a 52 week low of $165.00 and a 52 week high of $357.90. The company has a debt-to-equity ratio of 0.20, a current ratio of 3.97 and a quick ratio of 3.97.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) last released its quarterly earnings results on Tuesday, July 23rd. The transportation company reported $9.60 earnings per share for the quarter, beating the consensus estimate of $5.64 by $3.96. The business had revenue of $357.51 million for the quarter. Grupo Aeroportuario del Sureste, S. A. B. de C. V. had a net margin of 49.57% and a return on equity of 25.99%. On average, equities research analysts predict that Grupo Aeroportuario del Sureste, S. A. B. de C. V. will post 23.04 EPS for the current fiscal year.

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

The business also recently declared an annual dividend, which was paid on Monday, July 8th. Investors of record on Tuesday, June 25th were issued a $5.597 dividend. This represents a yield of 3.3%. The ex-dividend date was Tuesday, June 25th. Grupo Aeroportuario del Sureste, S. A. B. de C. V.’s dividend payout ratio (DPR) is currently 50.54%.

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