Anthracite Investment Company Inc. Boosts Stock Position in Grupo Aeroportuario del Sureste, S.A. de C.V. $ASR

Anthracite Investment Company Inc. grew its stake in shares of Grupo Aeroportuario del Sureste, S.A. de C.V. (NYSE:ASR) by 55.6% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,000 shares of the transportation company’s stock after buying an additional 2,500 shares during the period. Anthracite Investment Company Inc.’s holdings in Grupo Aeroportuario del Sureste were worth $2,232,000 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. Sumitomo Mitsui Trust Group Inc. purchased a new position in shares of Grupo Aeroportuario del Sureste during the 1st quarter valued at about $227,000. Cerity Partners LLC lifted its position in shares of Grupo Aeroportuario del Sureste by 102.5% during the 1st quarter. Cerity Partners LLC now owns 2,242 shares of the transportation company’s stock valued at $614,000 after buying an additional 1,135 shares in the last quarter. SkyOak Wealth LLC purchased a new position in shares of Grupo Aeroportuario del Sureste during the 1st quarter valued at about $253,000. Signaturefd LLC lifted its position in shares of Grupo Aeroportuario del Sureste by 16.8% during the 1st quarter. Signaturefd LLC now owns 438 shares of the transportation company’s stock valued at $120,000 after buying an additional 63 shares in the last quarter. Finally, XTX Topco Ltd purchased a new position in shares of Grupo Aeroportuario del Sureste during the 1st quarter valued at about $207,000. 10.57% of the stock is owned by hedge funds and other institutional investors.

Grupo Aeroportuario del Sureste Stock Performance

NYSE:ASR opened at $304.64 on Friday. The company has a debt-to-equity ratio of 0.18, a current ratio of 5.16 and a quick ratio of 5.16. Grupo Aeroportuario del Sureste, S.A. de C.V. has a 1 year low of $248.88 and a 1 year high of $360.00. The stock’s 50 day simple moving average is $325.02 and its two-hundred day simple moving average is $317.55. The company has a market cap of $9.14 billion, a price-to-earnings ratio of 16.15, a PEG ratio of 8.35 and a beta of 0.77.

Grupo Aeroportuario del Sureste (NYSE:ASR) last released its quarterly earnings data on Wednesday, October 22nd. The transportation company reported $3.84 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $5.26 by ($1.42). Grupo Aeroportuario del Sureste had a return on equity of 17.47% and a net margin of 31.96%.The firm had revenue of $475.81 million during the quarter, compared to the consensus estimate of $502.91 million. As a group, equities analysts anticipate that Grupo Aeroportuario del Sureste, S.A. de C.V. will post 23 earnings per share for the current fiscal year.

Grupo Aeroportuario del Sureste Announces Dividend

The company also recently disclosed a special dividend, which was paid on Friday, October 10th. Shareholders of record on Monday, September 29th were paid a $8.0427 dividend. The ex-dividend date of this dividend was Monday, September 29th. Grupo Aeroportuario del Sureste’s payout ratio is presently 161.61%.

Analyst Ratings Changes

A number of research analysts recently commented on the company. Zacks Research cut Grupo Aeroportuario del Sureste from a “hold” rating to a “strong sell” rating in a report on Monday, October 6th. Weiss Ratings reissued a “hold (c)” rating on shares of Grupo Aeroportuario del Sureste in a report on Friday. Finally, Citigroup reissued a “buy” rating on shares of Grupo Aeroportuario del Sureste in a report on Wednesday, September 10th. One equities research analyst has rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $310.00.

About Grupo Aeroportuario del Sureste

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.