Eurizon Capital SGR S.p.A. Buys New Position in Grupo Aeroportuario del Sureste, S.A. de C.V. $ASR

Eurizon Capital SGR S.p.A. bought a new stake in shares of Grupo Aeroportuario del Sureste, S.A. de C.V. (NYSE:ASR) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 5,056 shares of the transportation company’s stock, valued at approximately $1,636,000.

Several other large investors have also bought and sold shares of ASR. State of Wyoming bought a new position in Grupo Aeroportuario del Sureste during the third quarter valued at about $46,000. EverSource Wealth Advisors LLC boosted its stake in Grupo Aeroportuario del Sureste by 766.7% during the second quarter. EverSource Wealth Advisors LLC now owns 156 shares of the transportation company’s stock valued at $50,000 after buying an additional 138 shares in the last quarter. Osaic Holdings Inc. boosted its stake in Grupo Aeroportuario del Sureste by 38.2% during the second quarter. Osaic Holdings Inc. now owns 181 shares of the transportation company’s stock valued at $58,000 after buying an additional 50 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its stake in Grupo Aeroportuario del Sureste by 85.0% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 198 shares of the transportation company’s stock valued at $64,000 after buying an additional 91 shares in the last quarter. Finally, Hantz Financial Services Inc. boosted its stake in Grupo Aeroportuario del Sureste by 249.6% during the third quarter. Hantz Financial Services Inc. now owns 486 shares of the transportation company’s stock valued at $157,000 after buying an additional 347 shares in the last quarter. Institutional investors own 10.57% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently commented on ASR. Wall Street Zen downgraded Grupo Aeroportuario del Sureste from a “buy” rating to a “hold” rating in a report on Sunday, March 22nd. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Grupo Aeroportuario del Sureste in a report on Monday, April 20th. Finally, Barclays raised Grupo Aeroportuario del Sureste from a “hold” rating to a “strong-buy” rating in a report on Tuesday, March 24th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $300.00.

Grupo Aeroportuario del Sureste Trading Up 2.4%

Shares of NYSE ASR opened at $303.86 on Wednesday. Grupo Aeroportuario del Sureste, S.A. de C.V. has a 12 month low of $291.73 and a 12 month high of $381.52. The company has a market cap of $9.12 billion, a price-to-earnings ratio of 16.87, a P/E/G ratio of 2.43 and a beta of 0.47. The company has a quick ratio of 3.39, a current ratio of 3.39 and a debt-to-equity ratio of 0.54. The business has a fifty day simple moving average of $320.57 and a 200-day simple moving average of $327.32.

Grupo Aeroportuario del Sureste (NYSE:ASR) last announced its earnings results on Tuesday, March 31st. The transportation company reported $5.24 EPS for the quarter. Grupo Aeroportuario del Sureste had a return on equity of 21.77% and a net margin of 26.32%.The business had revenue of $495.15 million during the quarter. Sell-side analysts predict that Grupo Aeroportuario del Sureste, S.A. de C.V. will post 21 EPS for the current year.

Grupo Aeroportuario del Sureste Dividend Announcement

The firm also recently disclosed a special dividend, which will be paid on Monday, June 8th. Investors of record on Wednesday, May 27th will be paid a $5.7572 dividend. The ex-dividend date of this dividend is Wednesday, May 27th. Grupo Aeroportuario del Sureste’s dividend payout ratio is currently 110.33%.

About Grupo Aeroportuario del Sureste

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.