IQ EQ FUND MANAGEMENT IRELAND Ltd Purchases 597 Shares of Grupo Aeroportuario del Sureste, S.A. de C.V. $ASR

IQ EQ FUND MANAGEMENT IRELAND Ltd lifted its position in Grupo Aeroportuario del Sureste, S.A. de C.V. (NYSE:ASR) by 10.3% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 6,416 shares of the transportation company’s stock after purchasing an additional 597 shares during the quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd’s holdings in Grupo Aeroportuario del Sureste were worth $2,046,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in ASR. AQR Capital Management LLC grew its holdings in shares of Grupo Aeroportuario del Sureste by 126.2% in the 1st quarter. AQR Capital Management LLC now owns 309,500 shares of the transportation company’s stock worth $84,339,000 after purchasing an additional 172,654 shares during the last quarter. Nuveen LLC bought a new stake in shares of Grupo Aeroportuario del Sureste in the 1st quarter worth about $44,197,000. Wealthquest Corp bought a new stake in shares of Grupo Aeroportuario del Sureste in the 1st quarter worth about $3,979,000. Canada Pension Plan Investment Board grew its holdings in shares of Grupo Aeroportuario del Sureste by 41.2% in the 1st quarter. Canada Pension Plan Investment Board now owns 43,360 shares of the transportation company’s stock worth $11,873,000 after purchasing an additional 12,660 shares during the last quarter. Finally, National Bank of Canada FI grew its holdings in shares of Grupo Aeroportuario del Sureste by 15.5% in the 1st quarter. National Bank of Canada FI now owns 75,043 shares of the transportation company’s stock worth $20,546,000 after purchasing an additional 10,072 shares during the last quarter. Institutional investors own 10.57% of the company’s stock.

Grupo Aeroportuario del Sureste Stock Performance

Grupo Aeroportuario del Sureste stock opened at $308.37 on Wednesday. The company has a current ratio of 5.16, a quick ratio of 5.16 and a debt-to-equity ratio of 0.18. Grupo Aeroportuario del Sureste, S.A. de C.V. has a 1 year low of $248.88 and a 1 year high of $360.00. The company has a market cap of $9.25 billion, a PE ratio of 16.35, a PEG ratio of 8.40 and a beta of 0.77. The company’s 50-day moving average is $324.19 and its two-hundred day moving average is $318.43.

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

Grupo Aeroportuario del Sureste Dividend Announcement

The firm also recently announced a special dividend, which was paid on Friday, October 10th. Shareholders of record on Monday, September 29th were given a dividend of $8.0427 per share. The ex-dividend date was Monday, September 29th. Grupo Aeroportuario del Sureste’s dividend payout ratio is presently 161.61%.

Analyst Upgrades and Downgrades

A number of brokerages have commented on ASR. Zacks Research lowered shares of Grupo Aeroportuario del Sureste from a “hold” rating to a “strong sell” rating in a report on Monday, October 6th. Citigroup reissued a “buy” rating on shares of Grupo Aeroportuario del Sureste in a report on Wednesday, September 10th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Grupo Aeroportuario del Sureste in a report on Wednesday, October 8th. One research analyst has rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company has an average 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.