U S Global Investors Inc. Has $3.66 Million Stock Holdings in Grupo Aeroportuario del Sureste, S.A. de C.V. $ASR

by · The Cerbat Gem

U S Global Investors Inc. trimmed its position in shares of Grupo Aeroportuario del Sureste, S.A. de C.V. (NYSE:ASR – Free Report) by 14.8% in the 3rd quarter, Holdings Channel.com reports. The fund owned 11,315 shares of the transportation company’s stock after selling 1,964 shares during the quarter. U S Global Investors Inc.’s holdings in Grupo Aeroportuario del Sureste were worth $3,658,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the company. Ethic Inc. increased its position in Grupo Aeroportuario del Sureste by 22.7% in the 3rd quarter. Ethic Inc. now owns 1,573 shares of the transportation company’s stock worth $509,000 after purchasing an additional 291 shares during the last quarter. Euro Pacific Asset Management LLC lifted its holdings in shares of Grupo Aeroportuario del Sureste by 47.4% during the 3rd quarter. Euro Pacific Asset Management LLC now owns 1,979 shares of the transportation company’s stock valued at $645,000 after buying an additional 636 shares during the last quarter. ABS Direct Equity Fund LLC bought a new stake in shares of Grupo Aeroportuario del Sureste in the 3rd quarter valued at approximately $3,602,000. FCG Investment Co increased its holdings in Grupo Aeroportuario del Sureste by 17.8% in the third quarter. FCG Investment Co now owns 3,555 shares of the transportation company’s stock worth $1,149,000 after buying an additional 536 shares during the last quarter. Finally, Osaic Holdings Inc. raised its position in Grupo Aeroportuario del Sureste by 38.2% during the second quarter. Osaic Holdings Inc. now owns 181 shares of the transportation company’s stock valued at $58,000 after acquiring an additional 50 shares in the last quarter. Institutional investors and hedge funds own 10.57% of the company’s stock.

Grupo Aeroportuario del Sureste Price Performance

NYSE ASR opened at $323.29 on Friday. Grupo Aeroportuario del Sureste, S.A. de C.V. has a 1 year low of $249.21 and a 1 year high of $360.00. The company has a fifty day simple moving average of $309.84 and a 200 day simple moving average of $315.28. The company has a current ratio of 2.69, a quick ratio of 2.69 and a debt-to-equity ratio of 0.47. The company has a market cap of $9.70 billion, a P/E ratio of 17.14 and a beta of 0.57.

Grupo Aeroportuario del Sureste (NYSE:ASR – Get Free Report) last released its earnings results on Wednesday, October 22nd. The transportation company reported $3.84 earnings per share for the quarter, missing analysts’ consensus estimates of $5.26 by ($1.42). Grupo Aeroportuario del Sureste had a return on equity of 20.67% and a net margin of 31.96%.The firm had revenue of $478.54 million for the quarter, compared to analyst estimates of $502.91 million. On average, sell-side analysts predict that Grupo Aeroportuario del Sureste, S.A. de C.V. will post 23 EPS for the current year.

Grupo Aeroportuario del Sureste Announces Dividend

The firm also recently announced an annual dividend, which was paid on Monday, December 8th. Shareholders of record on Wednesday, November 26th were issued a $8.1473 dividend. The ex-dividend date of this dividend was Wednesday, November 26th. This represents a yield of 271.0%. Grupo Aeroportuario del Sureste’s dividend payout ratio (DPR) is 200.58%.

Analysts Set New Price Targets

ASR has been the subject of several recent research reports. Zacks Research downgraded shares of Grupo Aeroportuario del Sureste from a “hold” rating to a “strong sell” rating in a research report on Monday, October 6th. Morgan Stanley lowered shares of Grupo Aeroportuario del Sureste from an “equal weight” rating to an “underweight” rating and set a $300.00 price objective for the company. in a research note on Monday, November 10th. Scotiabank upgraded shares of Grupo Aeroportuario del Sureste from a “sector perform” rating to a “sector outperform” rating in a report on Thursday, December 4th. Weiss Ratings restated a “hold (c)” rating on shares of Grupo Aeroportuario del Sureste in a report on Wednesday, October 8th. Finally, JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of Grupo Aeroportuario del Sureste in a research report on Friday, November 14th. Two research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $305.00.

Read Our Latest Analysis on ASR

Grupo Aeroportuario del Sureste Profile

(Free Report)

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.

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