1,343 Shares in Grupo Aeroportuario del Sureste, S.A. de C.V. $ASR Purchased by Euro Pacific Asset Management LLC

Euro Pacific Asset Management LLC purchased a new position in Grupo Aeroportuario del Sureste, S.A. de C.V. (NYSE:ASR) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,343 shares of the transportation company’s stock, valued at approximately $432,000.

Other institutional investors have also recently made changes to their positions in the company. US Bancorp DE boosted its stake in shares of Grupo Aeroportuario del Sureste by 4.4% during the 1st quarter. US Bancorp DE now owns 730 shares of the transportation company’s stock valued at $200,000 after purchasing an additional 31 shares in the last quarter. Signaturefd LLC boosted its holdings in shares of Grupo Aeroportuario del Sureste by 8.2% during the 2nd quarter. Signaturefd LLC now owns 474 shares of the transportation company’s stock valued at $151,000 after buying an additional 36 shares in the last quarter. Blue Trust Inc. grew its holdings in Grupo Aeroportuario del Sureste by 7.8% during the 1st quarter. Blue Trust Inc. now owns 524 shares of the transportation company’s stock valued at $143,000 after purchasing an additional 38 shares during the last quarter. Fortune Financial Advisors LLC raised its position in Grupo Aeroportuario del Sureste by 1.0% in the 2nd quarter. Fortune Financial Advisors LLC now owns 4,961 shares of the transportation company’s stock worth $1,582,000 after purchasing an additional 48 shares during the period. Finally, Cynosure Group LLC raised its position in Grupo Aeroportuario del Sureste by 5.3% in the 1st quarter. Cynosure Group LLC now owns 1,283 shares of the transportation company’s stock worth $351,000 after purchasing an additional 65 shares during the period. Institutional investors own 10.57% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently commented on ASR shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Grupo Aeroportuario del Sureste in a research note on Saturday, September 27th. Citigroup reaffirmed a “buy” rating on shares of Grupo Aeroportuario del Sureste in a research report on Wednesday, September 10th. One investment analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $310.00.

Grupo Aeroportuario del Sureste Price Performance

Shares of ASR stock opened at $317.43 on Tuesday. The stock has a market capitalization of $9.52 billion, a price-to-earnings ratio of 15.30, a P/E/G ratio of 8.12 and a beta of 0.77. The company has a current ratio of 5.16, a quick ratio of 5.16 and a debt-to-equity ratio of 0.18. Grupo Aeroportuario del Sureste, S.A. de C.V. has a twelve month low of $248.88 and a twelve month high of $360.00. The stock has a fifty day simple moving average of $326.05 and a two-hundred day simple moving average of $314.55.

Grupo Aeroportuario del Sureste (NYSE:ASR) last released its quarterly earnings data on Tuesday, July 22nd. The transportation company reported $3.80 earnings per share for the quarter, missing analysts’ consensus estimates of $6.01 by ($2.21). The business had revenue of $464.62 million during the quarter, compared to analysts’ expectations of $8.98 billion. Grupo Aeroportuario del Sureste had a return on equity of 19.91% and a net margin of 37.14%. On average, analysts predict that Grupo Aeroportuario del Sureste, S.A. de C.V. will post 23 EPS for the current fiscal year.

Grupo Aeroportuario del Sureste Dividend Announcement

The firm also recently disclosed a special dividend, which will be paid on Friday, October 10th. Investors of record on Monday, September 29th will be issued a dividend of $8.0427 per share. The ex-dividend date of this dividend is Monday, September 29th. Grupo Aeroportuario del Sureste’s dividend payout ratio (DPR) is presently 146.41%.

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.