Metis Global Partners LLC Has $4.21 Million Stock Holdings in Grupo Aeroportuario del Sureste, S.A. de C.V. $ASR

Metis Global Partners LLC grew its holdings in Grupo Aeroportuario del Sureste, S.A. de C.V. (NYSE:ASR) by 27.6% during the second quarter, Holdings Channel.com reports. The firm owned 13,203 shares of the transportation company’s stock after acquiring an additional 2,856 shares during the period. Metis Global Partners LLC’s holdings in Grupo Aeroportuario del Sureste were worth $4,210,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the company. Cerity Partners LLC lifted its holdings in Grupo Aeroportuario del Sureste by 102.5% in the first quarter. Cerity Partners LLC now owns 2,242 shares of the transportation company’s stock valued at $614,000 after buying an additional 1,135 shares during the period. SkyOak Wealth LLC acquired a new stake in shares of Grupo Aeroportuario del Sureste in the first quarter valued at about $253,000. Signaturefd LLC grew its stake in shares of Grupo Aeroportuario del Sureste by 16.8% in the first quarter. Signaturefd LLC now owns 438 shares of the transportation company’s stock valued at $120,000 after buying an additional 63 shares in the last quarter. XTX Topco Ltd bought a new stake in Grupo Aeroportuario del Sureste in the first quarter valued at approximately $207,000. Finally, Wealthquest Corp acquired a new stake in Grupo Aeroportuario del Sureste during the 1st quarter valued at $3,979,000. Institutional investors and hedge funds own 10.57% of the company’s stock.

Grupo Aeroportuario del Sureste Trading Up 0.3%

Shares of ASR stock opened at $309.09 on Friday. Grupo Aeroportuario del Sureste, S.A. de C.V. has a 12-month low of $249.21 and a 12-month high of $360.00. The firm’s 50 day moving average is $321.07 and its 200 day moving average is $319.66. The company has a current ratio of 5.16, a quick ratio of 5.16 and a debt-to-equity ratio of 0.18. The stock has a market capitalization of $9.27 billion, a P/E ratio of 16.39, a P/E/G ratio of 8.54 and a beta of 0.77.

Grupo Aeroportuario del Sureste (NYSE:ASR) last released its quarterly earnings results on Wednesday, October 22nd. The transportation company reported $3.84 earnings per share (EPS) for the quarter, missing the consensus estimate of $5.26 by ($1.42). The company had revenue of $475.81 million for the quarter, compared to the consensus estimate of $502.91 million. Grupo Aeroportuario del Sureste had a net margin of 31.96% and a return on equity of 17.47%. Research analysts expect that Grupo Aeroportuario del Sureste, S.A. de C.V. will post 23 earnings per share for the current year.

Grupo Aeroportuario del Sureste Announces Dividend

The firm also recently declared an annual dividend, which will be paid on Monday, December 8th. Investors of record on Wednesday, November 26th will be paid a dividend of $8.1473 per share. This represents a dividend yield of 263.0%. The ex-dividend date of this dividend is Wednesday, November 26th. Grupo Aeroportuario del Sureste’s dividend payout ratio (DPR) is currently 200.48%.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the company. Zacks Research downgraded Grupo Aeroportuario del Sureste from a “hold” rating to a “strong sell” rating in a research note on Monday, October 6th. Weiss Ratings reissued a “hold (c)” rating on shares of Grupo Aeroportuario del Sureste in a research report on Wednesday, October 8th. Finally, Citigroup reiterated a “buy” rating on shares of Grupo Aeroportuario del Sureste in a research report on Wednesday, September 10th. One analyst has rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $310.00.

Grupo Aeroportuario del Sureste Company 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.