Grupo Aeroportuario del Sureste, S.A. de C.V. $ASR Shares Sold by William Blair Investment Management LLC

William Blair Investment Management LLC reduced its holdings in shares of Grupo Aeroportuario del Sureste, S.A. de C.V. (NYSE:ASR) by 9.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 38,754 shares of the transportation company’s stock after selling 4,158 shares during the quarter. William Blair Investment Management LLC owned approximately 0.13% of Grupo Aeroportuario del Sureste worth $12,533,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. Royal Bank of Canada raised its stake in Grupo Aeroportuario del Sureste by 6.3% in the 1st quarter. Royal Bank of Canada now owns 3,952 shares of the transportation company’s stock valued at $1,083,000 after purchasing an additional 235 shares during the last quarter. EverSource Wealth Advisors LLC increased its holdings 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 worth $50,000 after buying an additional 138 shares during the last quarter. Marshall Wace LLP increased its holdings in shares of Grupo Aeroportuario del Sureste by 119.2% during the 2nd quarter. Marshall Wace LLP now owns 14,608 shares of the transportation company’s stock worth $4,658,000 after buying an additional 7,945 shares during the last quarter. Jump Financial LLC purchased a new position in shares of Grupo Aeroportuario del Sureste in the 2nd quarter worth $1,432,000. Finally, Qube Research & Technologies Ltd boosted its holdings in Grupo Aeroportuario del Sureste by 1.2% in the second quarter. Qube Research & Technologies Ltd now owns 50,441 shares of the transportation company’s stock valued at $16,084,000 after acquiring an additional 584 shares during the last quarter. Hedge funds and other institutional investors own 10.57% of the company’s stock.

Grupo Aeroportuario del Sureste Price Performance

ASR opened at $302.61 on Tuesday. Grupo Aeroportuario del Sureste, S.A. de C.V. has a twelve month low of $292.35 and a twelve month high of $381.52. The firm has a market cap of $9.08 billion, a price-to-earnings ratio of 16.80, a PEG ratio of 3.44 and a beta of 0.49. The company has a current ratio of 3.03, a quick ratio of 3.01 and a debt-to-equity ratio of 0.58. The company has a fifty day simple moving average of $322.64 and a 200 day simple moving average of $327.53.

Grupo Aeroportuario del Sureste (NYSE:ASR) last posted its quarterly earnings data on Tuesday, March 31st. The transportation company reported $5.24 earnings per share for the quarter. The company 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 22.93%. Equities research analysts expect that Grupo Aeroportuario del Sureste, S.A. de C.V. will post 21.09 EPS for the current fiscal year.

Grupo Aeroportuario del Sureste Announces Dividend

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

Wall Street Analysts Forecast Growth

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