LRT Capital Management LLC Grows Stock Holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR)

LRT Capital Management LLC grew its position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) by 20.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 5,753 shares of the transportation company’s stock after acquiring an additional 975 shares during the period. LRT Capital Management LLC’s holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. were worth $1,482,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Headlands Technologies LLC bought a new position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the 4th quarter valued at approximately $61,000. Wells Fargo & Company MN increased its stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 67.5% during the fourth quarter. Wells Fargo & Company MN now owns 345 shares of the transportation company’s stock valued at $89,000 after buying an additional 139 shares during the period. Mirae Asset Global Investments Co. Ltd. increased its stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 41.2% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 346 shares of the transportation company’s stock valued at $91,000 after buying an additional 101 shares during the period. US Bancorp DE raised its holdings in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 7.2% during the fourth quarter. US Bancorp DE now owns 699 shares of the transportation company’s stock valued at $180,000 after acquiring an additional 47 shares in the last quarter. Finally, Two Sigma Securities LLC purchased a new stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the fourth quarter worth $208,000. 10.57% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Separately, Jefferies Financial Group reduced their price objective on shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. from $321.00 to $310.00 and set a “hold” rating on the stock in a research report on Wednesday, February 12th.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. Price Performance

ASR stock opened at $323.28 on Monday. The company has a debt-to-equity ratio of 0.20, a current ratio of 4.65 and a quick ratio of 4.65. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a 1 year low of $248.88 and a 1 year high of $356.90. The firm has a 50-day moving average of $287.00 and a 200 day moving average of $274.83. The company has a market cap of $9.70 billion, a P/E ratio of 12.19, a PEG ratio of 7.16 and a beta of 0.75.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) last announced its earnings results on Tuesday, April 22nd. The transportation company reported $5.74 earnings per share (EPS) for the quarter, missing the consensus estimate of $5.77 by ($0.03). Grupo Aeroportuario del Sureste, S. A. B. de C. V. had a return on equity of 26.25% and a net margin of 50.08%. The firm had revenue of $430.05 million during the quarter, compared to the consensus estimate of $462.98 million. On average, sell-side analysts forecast that Grupo Aeroportuario del Sureste, S. A. B. de C. V. will post 23 EPS for the current year.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. Increases Dividend

The firm also recently announced an annual dividend, which will be paid on Monday, June 9th. Stockholders of record on Wednesday, May 28th will be issued a dividend of $24.585 per share. This represents a dividend yield of 8.6%. The ex-dividend date of this dividend is Wednesday, May 28th. This is a boost from Grupo Aeroportuario del Sureste, S. A. B. de C. V.’s previous annual dividend of $5.60. Grupo Aeroportuario del Sureste, S. A. B. de C. V.’s payout ratio is 83.31%.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. 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.