Wall Street brokerages expect that Grupo Aeroportuario del Sureste, S.A. de C.V. (NYSE:ASR) will report earnings per share (EPS) of $1.95 for the current fiscal quarter, according to Zacks Investment Research. Zero analysts have provided estimates for Grupo Aeroportuario del Sureste, S.A. de C.V.’s earnings. The lowest EPS estimate is $1.89 and the highest is $2.00. Grupo Aeroportuario del Sureste, S.A. de C.V. reported earnings per share of $1.60 in the same quarter last year, which indicates a positive year over year growth rate of 21.9%. The company is expected to announce its next earnings results on Wednesday, July 19th.

According to Zacks, analysts expect that Grupo Aeroportuario del Sureste, S.A. de C.V. will report full-year earnings of $7.55 per share for the current financial year. For the next fiscal year, analysts expect that the business will post earnings of $8.68 per share, with EPS estimates ranging from $8.12 to $9.23. Zacks Investment Research’s EPS calculations are a mean average based on a survey of sell-side research analysts that that provide coverage for Grupo Aeroportuario del Sureste, S.A. de C.V..

Several equities analysts have weighed in on ASR shares. Zacks Investment Research cut Grupo Aeroportuario del Sureste, S.A. de C.V. from a “buy” rating to a “hold” rating in a research note on Wednesday, April 12th. J P Morgan Chase & Co cut Grupo Aeroportuario del Sureste, S.A. de C.V. from a “neutral” rating to an “underweight” rating in a research note on Friday, May 12th. Finally, Morgan Stanley cut Grupo Aeroportuario del Sureste, S.A. de C.V. from an “overweight” rating to an “equal weight” rating in a research note on Tuesday, May 30th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, one has given a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $180.33.

Shares of Grupo Aeroportuario del Sureste, S.A. de C.V. (NYSE ASR) traded up 0.65% during mid-day trading on Monday, hitting $205.58. 5,081 shares of the stock were exchanged. The stock’s 50 day moving average price is $196.48 and its 200-day moving average price is $167.54. Grupo Aeroportuario del Sureste, S.A. de C.V. has a 12-month low of $131.72 and a 12-month high of $206.68. The stock has a market capitalization of $61.67 billion, a P/E ratio of 282.39 and a beta of 0.60.

The business also recently disclosed an annual dividend, which will be paid on Monday, June 26th. Shareholders of record on Thursday, June 15th will be paid a dividend of $3.3588 per share. The ex-dividend date is Tuesday, June 13th. This is a boost from Grupo Aeroportuario del Sureste, S.A. de C.V.’s previous annual dividend of $2.70. This represents a yield of 1.7%. Grupo Aeroportuario del Sureste, S.A. de C.V.’s dividend payout ratio (DPR) is 44.02%.

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A number of institutional investors have recently modified their holdings of the stock. JPMorgan Chase & Co. boosted its position in shares of Grupo Aeroportuario del Sureste, S.A. de C.V. by 7.2% in the first quarter. JPMorgan Chase & Co. now owns 543,376 shares of the transportation company’s stock valued at $94,135,000 after buying an additional 36,379 shares during the period. Harding Loevner LP raised its stake in shares of Grupo Aeroportuario del Sureste, S.A. de C.V. by 2.8% in the first quarter. Harding Loevner LP now owns 1,266,954 shares of the transportation company’s stock valued at $219,487,000 after buying an additional 34,350 shares in the last quarter. WCM Investment Management CA acquired a new stake in shares of Grupo Aeroportuario del Sureste, S.A. de C.V. during the first quarter valued at about $5,196,000. AQR Capital Management LLC raised its stake in shares of Grupo Aeroportuario del Sureste, S.A. de C.V. by 110.4% in the first quarter. AQR Capital Management LLC now owns 54,591 shares of the transportation company’s stock valued at $9,457,000 after buying an additional 28,650 shares in the last quarter. Finally, Columbia Wanger Asset Management LLC raised its stake in shares of Grupo Aeroportuario del Sureste, S.A. de C.V. by 4.5% in the first quarter. Columbia Wanger Asset Management LLC now owns 446,074 shares of the transportation company’s stock valued at $77,278,000 after buying an additional 19,305 shares in the last quarter. Institutional investors and hedge funds own 33.20% of the company’s stock.

Grupo Aeroportuario del Sureste, S.A. de C.V. Company Profile

Grupo Aeroportuario del Sureste SAB de CV (ASUR) is a holding company. It and its subsidiaries hold concessions to operate, maintain and develop approximately nine airports in the southeast region of Mexico, as well as over 10 airports in Colombia. The Company operates through segments, including Cancun airport and subsidiaries (Cancun), the Villahermosa Airport (Villahermosa), the Merida airport (Merida) and Services.

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