LRT Capital Management LLC Decreases Stock Position in Grupo Aeroportuario del Sureste, S.A. de C.V. $ASR

LRT Capital Management LLC cut its holdings in Grupo Aeroportuario del Sureste, S.A. de C.V. (NYSE:ASR) by 66.3% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 2,049 shares of the transportation company’s stock after selling 4,030 shares during the quarter. LRT Capital Management LLC’s holdings in Grupo Aeroportuario del Sureste were worth $663,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in shares of Grupo Aeroportuario del Sureste in the 4th quarter worth about $35,000. State of Wyoming purchased a new stake in shares of Grupo Aeroportuario del Sureste in the 3rd quarter worth about $46,000. Atlas Capital Advisors Inc. purchased a new stake in shares of Grupo Aeroportuario del Sureste in the 4th quarter worth about $49,000. EverSource Wealth Advisors LLC boosted its position in shares of Grupo Aeroportuario del Sureste by 766.7% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 156 shares of the transportation company’s stock worth $50,000 after buying an additional 138 shares in the last quarter. Finally, Osaic Holdings Inc. boosted its position in shares of Grupo Aeroportuario del Sureste by 38.2% in the 2nd quarter. Osaic Holdings Inc. now owns 181 shares of the transportation company’s stock worth $58,000 after buying an additional 50 shares in the last quarter. 10.57% of the stock is currently owned by hedge funds and other institutional investors.

Grupo Aeroportuario del Sureste Stock Up 1.0%

ASR opened at $286.77 on Friday. The firm has a 50 day moving average price of $312.76 and a 200 day moving average price of $326.37. The company has a market cap of $8.60 billion, a PE ratio of 15.92, a price-to-earnings-growth ratio of 2.35 and a beta of 0.47. Grupo Aeroportuario del Sureste, S.A. de C.V. has a 1 year low of $275.00 and a 1 year high of $381.52. The company has a debt-to-equity ratio of 0.54, a quick ratio of 3.39 and a current ratio of 3.39.

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

Grupo Aeroportuario del Sureste Dividend Announcement

The company also recently disclosed a special dividend, which was paid on Monday, June 8th. Shareholders of record on Wednesday, May 27th were given a $5.7572 dividend. The ex-dividend date of this dividend was Wednesday, May 27th. Grupo Aeroportuario del Sureste’s dividend payout ratio (DPR) is 110.22%.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the stock. Weiss Ratings restated a “hold (c)” rating on shares of Grupo Aeroportuario del Sureste in a report on Monday, April 20th. Barclays upgraded shares of Grupo Aeroportuario del Sureste from a “hold” rating to a “strong-buy” rating in a report on Tuesday, March 24th. Finally, Wall Street Zen lowered shares of Grupo Aeroportuario del Sureste from a “buy” rating to a “hold” rating in a report on Sunday, March 22nd. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Grupo Aeroportuario del Sureste currently 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.