Grupo Aeroportuario del Sureste, S.A. de C.V. $ASR Shares Sold by Ativo Capital Management LLC

Ativo Capital Management LLC cut its position in Grupo Aeroportuario del Sureste, S.A. de C.V. (NYSE:ASR) by 1.9% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 5,011 shares of the transportation company’s stock after selling 99 shares during the quarter. Grupo Aeroportuario del Sureste makes up 1.4% of Ativo Capital Management LLC’s investment portfolio, making the stock its 28th biggest holding. Ativo Capital Management LLC’s holdings in Grupo Aeroportuario del Sureste were worth $1,598,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Sequoia Financial Advisors LLC purchased a new position in Grupo Aeroportuario del Sureste during the 2nd quarter worth $259,000. Vanguard Personalized Indexing Management LLC grew its holdings in shares of Grupo Aeroportuario del Sureste by 5.7% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 1,344 shares of the transportation company’s stock worth $429,000 after buying an additional 72 shares during the last quarter. Blue Trust Inc. grew its holdings in shares of Grupo Aeroportuario del Sureste by 50.0% during the second quarter. Blue Trust Inc. now owns 786 shares of the transportation company’s stock worth $251,000 after buying an additional 262 shares during the last quarter. Euro Pacific Asset Management LLC purchased a new position in shares of Grupo Aeroportuario del Sureste during the second quarter worth about $432,000. Finally, QRG Capital Management Inc. purchased a new position in shares of Grupo Aeroportuario del Sureste during the second quarter worth about $335,000. 10.57% of the stock is owned by institutional investors and hedge funds.

Grupo Aeroportuario del Sureste Stock Down 0.3%

ASR opened at $311.48 on Tuesday. The business’s fifty day moving average is $327.23 and its two-hundred day moving average is $315.70. 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 company has a market cap of $9.34 billion, a price-to-earnings ratio of 15.01, a PEG ratio of 8.03 and a beta of 0.78. Grupo Aeroportuario del Sureste, S.A. de C.V. has a one year low of $248.88 and a one year high of $360.00.

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

Grupo Aeroportuario del Sureste Announces Dividend

The firm also recently declared a special dividend, which was paid on Friday, October 10th. Shareholders of record on Monday, September 29th were issued a $8.0427 dividend. The ex-dividend date of this dividend was Monday, September 29th. Grupo Aeroportuario del Sureste’s dividend payout ratio is 146.89%.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on ASR shares. Weiss Ratings reiterated a “hold (c)” rating on shares of Grupo Aeroportuario del Sureste in a research note on Wednesday, October 8th. Zacks Research lowered shares of Grupo Aeroportuario del Sureste from a “hold” rating to a “strong sell” rating in a research report on Monday, October 6th. Finally, Citigroup reaffirmed a “buy” rating on shares of Grupo Aeroportuario del Sureste in a report on Wednesday, September 10th. One analyst has rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Grupo Aeroportuario del Sureste has a consensus rating of “Hold” and a consensus price target of $310.00.

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.