Grupo Aeroportuario del Sureste (NYSE:ASR) Stock: Insider Anton Jose Antonio Perez Purchases 1,875 Shares

Grupo Aeroportuario del Sureste, S.A. de C.V. (NYSE:ASR) Director Anton Jose Antonio Perez acquired 1,875 shares of Grupo Aeroportuario del Sureste stock in a transaction dated Monday, November 9th. The shares were purchased at an average price of $265.41 per share, with a total value of $497,643.75. Following the acquisition, the director owned 1,875 shares of the company’s stock, valued at approximately $497,643.75. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Grupo Aeroportuario del Sureste Stock Performance

ASR opened at $272.10 on Friday. The company has a debt-to-equity ratio of 0.54, a current ratio of 3.29 and a quick ratio of 3.29. The business has a fifty day simple moving average of $247.77 and a 200 day simple moving average of $295.13. Grupo Aeroportuario del Sureste, S.A. de C.V. has a 1 year low of $226.19 and a 1 year high of $381.52. The company has a market capitalization of $8.16 billion, a PE ratio of 14.53, a price-to-earnings-growth ratio of 2.20 and a beta of 0.49.

Grupo Aeroportuario del Sureste (NYSE:ASR) last released its quarterly earnings results on Thursday, October 22nd. The transportation company reported $3.98 EPS for the quarter, missing analysts’ consensus estimates of $4.38 by ($0.40). The business had revenue of $576.34 million for the quarter, compared to the consensus estimate of $527.02 million. Grupo Aeroportuario del Sureste had a return on equity of 20.94% and a net margin of 25.10%. Research analysts expect that Grupo Aeroportuario del Sureste, S.A. de C.V. will post 18.32 EPS for the current year.

Grupo Aeroportuario del Sureste Dividend Announcement

The company also recently disclosed a special dividend, which will be paid on Thursday, December 10th. Investors of record on Friday, November 27th will be paid a $5.3688 dividend. The ex-dividend date of this dividend is Friday, November 27th. Grupo Aeroportuario del Sureste’s dividend payout ratio (DPR) is 66.79%.

Hedge Funds Weigh In On Grupo Aeroportuario del Sureste

Several large investors have recently modified their holdings of the business. State of Wyoming bought a new stake in shares of Grupo Aeroportuario del Sureste in the third quarter worth $31,000. Mirae Asset Global Investments Co. Ltd. bought a new position in Grupo Aeroportuario del Sureste during the 3rd quarter worth $61,000. Parallel Advisors LLC raised its position in Grupo Aeroportuario del Sureste by 42.1% during the 1st quarter. Parallel Advisors LLC now owns 422 shares of the transportation company’s stock worth $142,000 after purchasing an additional 125 shares during the last quarter. Parvin Asset Management LLC acquired a new position in Grupo Aeroportuario del Sureste during the 1st quarter worth about $220,000. Finally, Alamar Capital Management LLC acquired a new position in Grupo Aeroportuario del Sureste during the 1st quarter worth about $235,000. Institutional investors own 10.57% of the company’s stock.

Wall Street Analysts Forecast Growth

ASR has been the subject of several recent analyst reports. Weiss Ratings upgraded Grupo Aeroportuario del Sureste from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday, October 26th. JPMorgan Chase & Co. cut Grupo Aeroportuario del Sureste from a “neutral” rating to an “underweight” rating in a report on Wednesday, July 22nd. HSBC raised Grupo Aeroportuario del Sureste from a “hold” rating to a “buy” rating and set a $349.00 price objective on the stock in a research note on Thursday, July 30th. Finally, Zacks Research cut Grupo Aeroportuario del Sureste from a “hold” rating to a “strong sell” rating in a research report on Tuesday. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, one has assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $349.00.

About Grupo Aeroportuario del Sureste

Grupo Aeroportuario del Sureste, S.A.B. de C.V. (ASUR) is a Mexican airport operator that develops, operates and maintains airports under long-term concessions. Its activities include passenger and aircraft services, airport infrastructure and commercial offerings such as retail, food and beverage, parking and other passenger services. ASUR operates nine airports in southeastern Mexico, including Cancún, Mérida, Oaxaca, Veracruz and Cozumel. Its portfolio also extends beyond Mexico through interests in airport operations in Puerto Rico and Colombia.