Quadrature Capital Ltd Has $1.68 Million Stock Holdings in Grupo Aeroportuario del Sureste, S.A. de C.V. $ASR

Quadrature Capital Ltd boosted its holdings in shares of Grupo Aeroportuario del Sureste, S.A. de C.V. (NYSE:ASR) by 219.4% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,277 shares of the transportation company’s stock after acquiring an additional 3,625 shares during the quarter. Quadrature Capital Ltd’s holdings in Grupo Aeroportuario del Sureste were worth $1,684,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of ASR. AQR Capital Management LLC lifted its holdings in Grupo Aeroportuario del Sureste by 126.2% during the 1st quarter. AQR Capital Management LLC now owns 309,500 shares of the transportation company’s stock worth $84,339,000 after buying an additional 172,654 shares during the period. Nuveen LLC bought a new position in shares of Grupo Aeroportuario del Sureste during the first quarter worth about $44,197,000. Itau Unibanco Holding S.A. lifted its stake in shares of Grupo Aeroportuario del Sureste by 2,425.8% in the second quarter. Itau Unibanco Holding S.A. now owns 110,227 shares of the transportation company’s stock worth $35,148,000 after acquiring an additional 105,863 shares during the period. Canada Pension Plan Investment Board lifted its stake in shares of Grupo Aeroportuario del Sureste by 41.2% in 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. Finally, National Bank of Canada FI boosted its holdings in Grupo Aeroportuario del Sureste by 15.5% in the first quarter. National Bank of Canada FI now owns 75,043 shares of the transportation company’s stock valued at $20,546,000 after acquiring an additional 10,072 shares during the last quarter. Institutional investors own 10.57% of the company’s stock.

Grupo Aeroportuario del Sureste Trading Up 0.6%

NYSE:ASR opened at $302.70 on Friday. Grupo Aeroportuario del Sureste, S.A. de C.V. has a 12 month low of $249.21 and a 12 month high of $360.00. 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 stock has a market capitalization of $9.08 billion, a price-to-earnings ratio of 16.05, a PEG ratio of 8.54 and a beta of 0.77. The firm has a fifty day simple moving average of $310.09 and a two-hundred day simple moving average of $317.60.

Grupo Aeroportuario del Sureste (NYSE:ASR) last released its quarterly earnings data on Wednesday, October 22nd. The transportation company reported $3.84 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $5.26 by ($1.42). The company had revenue of $478.54 million for the quarter, compared to the consensus estimate of $502.91 million. Grupo Aeroportuario del Sureste had a return on equity of 17.47% and a net margin of 31.96%. Analysts expect that Grupo Aeroportuario del Sureste, S.A. de C.V. will post 23 EPS for the current fiscal year.

Grupo Aeroportuario del Sureste Dividend Announcement

The company also recently disclosed an annual dividend, which will be paid on Monday, December 8th. Shareholders of record on Wednesday, November 26th will be paid a $8.1473 dividend. This represents a yield of 271.0%. The ex-dividend date of this dividend is Wednesday, November 26th. Grupo Aeroportuario del Sureste’s dividend payout ratio (DPR) is 200.48%.

Analyst Ratings Changes

ASR has been the subject of several analyst reports. Citigroup restated a “buy” rating on shares of Grupo Aeroportuario del Sureste in a report on Wednesday, September 10th. Weiss Ratings reissued a “hold (c)” rating on shares of Grupo Aeroportuario del Sureste in a research note on Wednesday, October 8th. Morgan Stanley lowered shares of Grupo Aeroportuario del Sureste from an “equal weight” rating to an “underweight” rating and set a $300.00 target price on the stock. in a report on Monday, November 10th. JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of Grupo Aeroportuario del Sureste in a research report on Friday, November 14th. Finally, Zacks Research lowered Grupo Aeroportuario del Sureste from a “hold” rating to a “strong sell” rating in a research report on Monday, October 6th. One analyst has rated the stock with a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Reduce” and an average target price of $305.00.

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.