Grupo Aeroportuario del Sureste, S.A. de C.V. $ASR Shares Sold by Maryland State Retirement & Pension System

Maryland State Retirement & Pension System trimmed its position in shares of Grupo Aeroportuario del Sureste, S.A. de C.V. (NYSE:ASR) by 4.4% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 21,255 shares of the transportation company’s stock after selling 968 shares during the period. Maryland State Retirement & Pension System’s holdings in Grupo Aeroportuario del Sureste were worth $6,778,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in ASR. Blue Trust Inc. increased its stake in shares of Grupo Aeroportuario del Sureste by 7.8% during the first quarter. Blue Trust Inc. now owns 524 shares of the transportation company’s stock worth $143,000 after buying an additional 38 shares during the period. Wealthquest Corp purchased a new stake in shares of Grupo Aeroportuario del Sureste during the first quarter worth approximately $3,979,000. Sumitomo Mitsui Trust Group Inc. purchased a new stake in shares of Grupo Aeroportuario del Sureste during the first quarter worth approximately $227,000. Cerity Partners LLC increased its stake in shares of Grupo Aeroportuario del Sureste by 102.5% during the first quarter. Cerity Partners LLC now owns 2,242 shares of the transportation company’s stock worth $614,000 after buying an additional 1,135 shares during the period. Finally, SkyOak Wealth LLC purchased a new stake in shares of Grupo Aeroportuario del Sureste during the first quarter worth approximately $253,000. 10.57% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on ASR shares. Weiss Ratings restated a “hold (c)” rating on shares of Grupo Aeroportuario del Sureste in a research note on Wednesday. Zacks Research lowered shares of Grupo Aeroportuario del Sureste from a “hold” rating to a “strong sell” rating in a research note on Monday. Finally, Citigroup reiterated a “buy” rating on shares of Grupo Aeroportuario del Sureste in a research note on Wednesday, September 10th. One equities research analyst has rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $310.00.

Grupo Aeroportuario del Sureste Stock Performance

Shares of Grupo Aeroportuario del Sureste stock opened at $313.98 on Friday. The firm has a market capitalization of $9.42 billion, a P/E ratio of 15.13, a P/E/G ratio of 8.21 and a beta of 0.77. Grupo Aeroportuario del Sureste, S.A. de C.V. has a 52 week low of $248.88 and a 52 week high of $360.00. The firm’s 50 day moving average is $326.87 and its two-hundred day moving average is $314.79. The company has a quick ratio of 5.16, a current ratio of 5.16 and a debt-to-equity ratio of 0.18.

Grupo Aeroportuario del Sureste (NYSE:ASR) last posted its quarterly earnings data on Tuesday, July 22nd. The transportation company reported $3.80 earnings per share for the quarter, missing the consensus estimate of $6.01 by ($2.21). The firm had revenue of $464.62 million during the quarter, compared to analyst estimates of $8.98 billion. Grupo Aeroportuario del Sureste had a net margin of 37.14% and a return on equity of 19.91%. Research analysts forecast 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 a special dividend, which will be paid on Friday, October 10th. Stockholders of record on Monday, September 29th will be issued a $8.0427 dividend. The ex-dividend date of this dividend is Monday, September 29th. Grupo Aeroportuario del Sureste’s dividend payout ratio is presently 146.89%.

Grupo Aeroportuario del Sureste Company Profile

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.