SG Americas Securities LLC Has $155,000 Stock Position in Grupo Aeroportuario del Sureste, S.A. de C.V. $ASR

SG Americas Securities LLC lessened its stake in shares of Grupo Aeroportuario del Sureste, S.A. de C.V. (NYSE:ASR) by 93.9% during the first quarter, according to the company in its most recent disclosure with the SEC. The fund owned 462 shares of the transportation company’s stock after selling 7,052 shares during the quarter. SG Americas Securities LLC’s holdings in Grupo Aeroportuario del Sureste were worth $155,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the stock. Deutsche Bank AG lifted its stake in shares of Grupo Aeroportuario del Sureste by 90.6% in the 4th quarter. Deutsche Bank AG now owns 187,759 shares of the transportation company’s stock valued at $60,721,000 after acquiring an additional 89,239 shares during the last quarter. Morgan Stanley grew its position in Grupo Aeroportuario del Sureste by 20.4% during the 4th quarter. Morgan Stanley now owns 184,883 shares of the transportation company’s stock worth $59,792,000 after acquiring an additional 31,298 shares during the last quarter. Jane Street Group LLC acquired a new position in Grupo Aeroportuario del Sureste in the 2nd quarter worth about $7,310,000. Pillsbury Lake Capital LLC acquired a new position in Grupo Aeroportuario del Sureste in the 4th quarter worth about $6,483,000. Finally, Cannell Capital LLC raised its position in Grupo Aeroportuario del Sureste by 137.2% in the third quarter. Cannell Capital LLC now owns 24,120 shares of the transportation company’s stock valued at $7,799,000 after purchasing an additional 13,953 shares during the last quarter. 10.57% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts have recently commented on the company. UBS Group raised Grupo Aeroportuario del Sureste from a “neutral” rating to a “buy” rating in a research note on Thursday, June 18th. Wall Street Zen downgraded Grupo Aeroportuario del Sureste from a “buy” rating to a “hold” rating in a research note on Sunday, March 22nd. Weiss Ratings reiterated a “hold (c)” rating on shares of Grupo Aeroportuario del Sureste in a report on Monday, April 20th. Finally, Barclays upgraded shares of Grupo Aeroportuario del Sureste from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, March 24th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $300.00.

Grupo Aeroportuario del Sureste Stock Performance

Shares of ASR stock opened at $285.14 on Monday. The business’s 50 day simple moving average is $300.34 and its 200 day simple moving average is $325.53. Grupo Aeroportuario del Sureste, S.A. de C.V. has a one year low of $275.00 and a one year high of $381.52. The stock has a market capitalization of $8.55 billion, a PE ratio of 15.83, a PEG ratio of 2.36 and a beta of 0.46. The company has a debt-to-equity ratio of 0.54, a current ratio of 3.39 and a quick ratio of 3.39.

Grupo Aeroportuario del Sureste (NYSE:ASR) last released its quarterly earnings results on Tuesday, March 31st. The transportation company reported $5.24 earnings per share (EPS) for the quarter. The firm had revenue of $495.15 million during the quarter. Grupo Aeroportuario del Sureste had a net margin of 26.32% and a return on equity of 21.77%. As a group, research analysts forecast that Grupo Aeroportuario del Sureste, S.A. de C.V. will post 20.84 earnings per share for the current year.

Grupo Aeroportuario del Sureste Dividend Announcement

The company also recently disclosed a special dividend, which was paid on Monday, June 8th. Stockholders of record on Wednesday, May 27th were given a dividend of $5.7572 per share. The ex-dividend date was Wednesday, May 27th. Grupo Aeroportuario del Sureste’s dividend payout ratio is 110.22%.

Grupo Aeroportuario del Sureste Profile

Grupo Aeroportuario del Sureste, SAB. de C.V. (NYSE: ASR) is a leading airport operator in Mexico specializing in the development, operation and management of airports under long-term concession agreements. The company’s core business activities include the operation of passenger and cargo terminals, the administration of retail and service concessions, the provision of parking and ground-support services, and the implementation of security and maintenance programs.

ASR holds concession rights for nine airports across southeastern Mexico, including premier tourism hubs such as Cancún, Cozumel and Huatulco, as well as regional facilities in Mérida, Oaxaca, Veracruz and Minatitlán.