Grupo Aeroportuario del Sureste, S.A. de C.V. $ASR Shares Purchased by BNP Paribas Financial Markets

BNP Paribas Financial Markets increased its stake in shares of Grupo Aeroportuario del Sureste, S.A. de C.V. (NYSE:ASR) by 15.9% in the 4th quarter, HoldingsChannel reports. The firm owned 45,733 shares of the transportation company’s stock after purchasing an additional 6,258 shares during the period. BNP Paribas Financial Markets’ holdings in Grupo Aeroportuario del Sureste were worth $14,790,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Schroder Investment Management Group acquired a new position in Grupo Aeroportuario del Sureste during the 3rd quarter worth $33,173,000. Robeco Institutional Asset Management B.V. boosted its position in shares of Grupo Aeroportuario del Sureste by 9.4% during the 4th quarter. Robeco Institutional Asset Management B.V. now owns 87,258 shares of the transportation company’s stock worth $28,219,000 after acquiring an additional 7,504 shares in the last quarter. Russell Investments Group Ltd. boosted its position in shares of Grupo Aeroportuario del Sureste by 0.5% during the 3rd quarter. Russell Investments Group Ltd. now owns 76,267 shares of the transportation company’s stock worth $24,659,000 after acquiring an additional 369 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in shares of Grupo Aeroportuario del Sureste by 8.8% during the 3rd quarter. Dimensional Fund Advisors LP now owns 60,363 shares of the transportation company’s stock worth $19,521,000 after acquiring an additional 4,875 shares in the last quarter. Finally, Qube Research & Technologies Ltd boosted its position in shares of Grupo Aeroportuario del Sureste by 8.8% during the 3rd quarter. Qube Research & Technologies Ltd now owns 54,889 shares of the transportation company’s stock worth $17,747,000 after acquiring an additional 4,448 shares in the last quarter. 10.57% of the stock is owned by institutional investors and hedge funds.

Grupo Aeroportuario del Sureste Stock Down 3.5%

Shares of NYSE ASR opened at $282.66 on Friday. The stock has a market cap of $8.48 billion, a PE ratio of 15.69, a price-to-earnings-growth ratio of 2.31 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. Grupo Aeroportuario del Sureste, S.A. de C.V. has a 52-week low of $281.82 and a 52-week high of $381.52. The business has a 50-day moving average price of $318.00 and a 200 day moving average price of $326.92.

Grupo Aeroportuario del Sureste (NYSE:ASR) last announced its 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 return on equity of 21.77% and a net margin of 26.32%. Equities research analysts forecast that Grupo Aeroportuario del Sureste, S.A. de C.V. will post 21 earnings per share for the current year.

Grupo Aeroportuario del Sureste Announces Dividend

The business also recently disclosed a special dividend, which will be paid on Monday, June 8th. Shareholders of record on Wednesday, May 27th will be given a dividend of $5.7572 per share. The ex-dividend date of this dividend is Wednesday, May 27th. Grupo Aeroportuario del Sureste’s dividend payout ratio (DPR) is presently 110.33%.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on ASR shares. Barclays raised Grupo Aeroportuario del Sureste from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, March 24th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Grupo Aeroportuario del Sureste in a research report on Monday, April 20th. Finally, Wall Street Zen cut Grupo Aeroportuario del Sureste from a “buy” rating to a “hold” rating in a research report on Sunday, March 22nd. 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 given a Sell rating to the company. According to MarketBeat.com, Grupo Aeroportuario del Sureste presently has a consensus rating of “Hold” and an average price target of $300.00.

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.