UBS Group AG Purchases 11,030 Shares of Grupo Aeroportuario del Sureste, S.A. de C.V. $ASR

UBS Group AG increased its position in shares of Grupo Aeroportuario del Sureste, S.A. de C.V. (NYSE:ASR) by 366.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 14,040 shares of the transportation company’s stock after purchasing an additional 11,030 shares during the period. UBS Group AG’s holdings in Grupo Aeroportuario del Sureste were worth $4,541,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. State of Wyoming bought a new stake in shares of Grupo Aeroportuario del Sureste during the 3rd quarter valued at $46,000. EverSource Wealth Advisors LLC raised its position in shares of Grupo Aeroportuario del Sureste by 766.7% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 156 shares of the transportation company’s stock valued at $50,000 after purchasing an additional 138 shares during the period. Osaic Holdings Inc. raised its position in shares of Grupo Aeroportuario del Sureste by 38.2% during the 2nd quarter. Osaic Holdings Inc. now owns 181 shares of the transportation company’s stock valued at $58,000 after purchasing an additional 50 shares during the period. Mirae Asset Global Investments Co. Ltd. raised its position in shares of Grupo Aeroportuario del Sureste by 85.0% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 198 shares of the transportation company’s stock valued at $64,000 after purchasing an additional 91 shares during the period. Finally, Hantz Financial Services Inc. raised its position in shares of Grupo Aeroportuario del Sureste by 249.6% during the 3rd quarter. Hantz Financial Services Inc. now owns 486 shares of the transportation company’s stock valued at $157,000 after purchasing an additional 347 shares during the period. 10.57% of the stock is currently owned by institutional investors.

Grupo Aeroportuario del Sureste Stock Performance

Shares of NYSE ASR opened at $302.61 on Friday. The company has a debt-to-equity ratio of 0.58, a quick ratio of 3.01 and a current ratio of 3.03. The company has a market cap of $9.08 billion, a P/E ratio of 16.80, a P/E/G ratio of 3.52 and a beta of 0.49. The firm’s fifty day moving average is $323.00 and its two-hundred day moving average is $327.36. Grupo Aeroportuario del Sureste, S.A. de C.V. has a 52-week low of $292.35 and a 52-week high of $381.52.

Grupo Aeroportuario del Sureste (NYSE:ASR) last announced its quarterly earnings results on Tuesday, March 31st. The transportation company reported $5.24 earnings per share (EPS) for the quarter. The company had revenue of $495.15 million for the quarter. Grupo Aeroportuario del Sureste had a net margin of 26.32% and a return on equity of 22.93%. As a group, analysts anticipate that Grupo Aeroportuario del Sureste, S.A. de C.V. will post 21.09 EPS for the current fiscal year.

Grupo Aeroportuario del Sureste Dividend Announcement

The business also recently declared a special dividend, which will be paid on Monday, June 8th. Shareholders of record on Wednesday, May 27th will be issued a $5.7572 dividend. The ex-dividend date is Wednesday, May 27th. Grupo Aeroportuario del Sureste’s payout ratio is currently 210.05%.

Wall Street Analysts Forecast Growth

ASR has been the topic of several recent analyst reports. Barclays upgraded shares of Grupo Aeroportuario del Sureste from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, March 24th. Wall Street Zen downgraded shares of Grupo Aeroportuario del Sureste from a “buy” rating to a “hold” rating in a research report on Sunday, March 22nd. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Grupo Aeroportuario del Sureste in a report on Monday, April 20th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Grupo Aeroportuario del Sureste has an average rating of “Hold” and an average price target of $300.00.

Grupo Aeroportuario del Sureste Company Profile

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.