Quadrature Capital Ltd Sells 2,749 Shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR)

Quadrature Capital Ltd lowered its position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) by 13.0% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 18,413 shares of the transportation company’s stock after selling 2,749 shares during the period. Quadrature Capital Ltd owned about 0.06% of Grupo Aeroportuario del Sureste, S. A. B. de C. V. worth $5,867,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Hsbc Holdings PLC raised its holdings in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 116.7% in the 4th quarter. Hsbc Holdings PLC now owns 92,230 shares of the transportation company’s stock valued at $27,134,000 after purchasing an additional 49,668 shares during the period. Sei Investments Co. bought a new position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the first quarter worth approximately $1,945,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. increased its holdings in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 181.8% during the first quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 3,100 shares of the transportation company’s stock worth $988,000 after purchasing an additional 2,000 shares during the period. BNP Paribas Financial Markets increased its holdings in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 22.5% during the first quarter. BNP Paribas Financial Markets now owns 46,061 shares of the transportation company’s stock worth $14,679,000 after purchasing an additional 8,462 shares during the period. Finally, ABS Direct Equity Fund LLC bought a new position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the fourth quarter worth approximately $2,030,000. 10.57% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a “hold” rating to a “buy” rating in a research report on Tuesday, April 23rd. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and five have assigned a buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $274.00.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. Trading Up 0.3 %

Shares of ASR stock traded up $0.93 during trading hours on Friday, hitting $304.10. 24,222 shares of the company’s stock traded hands, compared to its average volume of 36,402. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a 12 month low of $165.00 and a 12 month high of $357.90. The stock’s 50 day simple moving average is $314.44 and its 200 day simple moving average is $311.61. The stock has a market cap of $9.12 billion, a PE ratio of 14.38, a price-to-earnings-growth ratio of 2.47 and a beta of 1.13. The company has a quick ratio of 3.87, a current ratio of 3.97 and a debt-to-equity ratio of 0.20.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. Cuts Dividend

The company also recently announced an annual dividend, which was paid on Monday, July 8th. Investors of record on Tuesday, June 25th were paid a dividend of $5.597 per share. This represents a yield of 3.3%. The ex-dividend date was Tuesday, June 25th. Grupo Aeroportuario del Sureste, S. A. B. de C. V.’s dividend payout ratio is presently 50.54%.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. Profile

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.