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Assetmark Inc. Lowers Stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR)

Assetmark Inc. lowered its stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR – Free Report) by 10.5% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 333 shares of the transportation company’s stock after selling 39 […] Assetmark Inc. reduced its stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) by 10.5% during the 4th quarter. The institutional investor owned 333 shares of the transportation company’s stock after selling 39 shares in the same period. Assetmark's holdings in the company were worth $98,000 at the end of the most recent quarter. Several other institutional investors and hedge funds have also made changes to their positions in the stock. The company recently reported a $621 earnings per share for the quarter, with revenue of $438.09 million.

Assetmark Inc. Lowers Stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR)

ที่ตีพิมพ์ : 10 เดือนที่แล้ว โดย Defense World Staff ใน Finance

Assetmark Inc. lowered its stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR – Free Report) by 10.5% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 333 shares of the transportation company’s stock after selling 39 shares during the quarter. Assetmark Inc.’s holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. were worth $98,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. CWM LLC raised its position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 227.8% in the 4th quarter. CWM LLC now owns 118 shares of the transportation company’s stock worth $35,000 after purchasing an additional 82 shares during the period. Blue Trust Inc. raised its position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 62.6% in the 4th quarter. Blue Trust Inc. now owns 187 shares of the transportation company’s stock worth $55,000 after purchasing an additional 72 shares during the period. Signaturefd LLC raised its position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 30.6% in the 3rd quarter. Signaturefd LLC now owns 269 shares of the transportation company’s stock worth $66,000 after purchasing an additional 63 shares during the period. Sequoia Financial Advisors LLC purchased a new position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the 4th quarter worth $214,000. Finally, QRG Capital Management Inc. bought a new stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the 3rd quarter worth $221,000. Hedge funds and other institutional investors own 10.57% of the company’s stock.

A number of equities research analysts have issued reports on the stock. StockNews.com raised shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a “hold” rating to a “buy” rating in a report on Tuesday, April 23rd. Barclays lowered shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. from an “overweight” rating to an “equal weight” rating in a report on Wednesday, March 13th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $274.00.

Shares of ASR opened at $335.59 on Friday. The firm’s 50-day moving average price is $333.08 and its 200-day moving average price is $297.75. The firm has a market capitalization of $10.07 billion, a price-to-earnings ratio of 15.87, a PEG ratio of 1.49 and a beta of 1.14. The company has a current ratio of 3.88, a quick ratio of 3.87 and a debt-to-equity ratio of 0.21. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a 1-year low of $165.00 and a 1-year high of $357.90.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR – Get Free Report) last announced its earnings results on Monday, April 22nd. The transportation company reported $6.21 earnings per share for the quarter. The firm had revenue of $438.09 million for the quarter. Grupo Aeroportuario del Sureste, S. A. B. de C. V. had a net margin of 40.21% and a return on equity of 22.21%. Sell-side analysts anticipate that Grupo Aeroportuario del Sureste, S. A. B. de C. V. will post 23.99 EPS for the current year.

The business also recently announced an annual dividend, which will be paid on Monday, June 10th. Stockholders of record on Tuesday, May 28th will be paid a dividend of $5.727 per share. This is a positive change from Grupo Aeroportuario del Sureste, S. A. B. de C. V.’s previous annual dividend of $5.71. The ex-dividend date of this dividend is Friday, May 24th. This represents a dividend yield of 1.7%. Grupo Aeroportuario del Sureste, S. A. B. de C. V.’s payout ratio is presently 27.52%.

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.

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