Maryland Retirement Pension Plan Raises Stake in Grupo Aeroportuario del Sureste, SAB de CV (NYSE:ASR)

Retirement


The Maryland Retirement Plan closed its stock position in Grupo Aeroportuario del Sureste, SAB de CV (NYSE:ASR – Free Report) at 303.0 during the first quarter, according to a recent disclosure to the Securities and Exchange Commission (SEC). % increased. ). The institutional investor held 26,293 shares of the shipping company after he purchased an additional 19,768 shares during the quarter. The Maryland Retirement Pension Plan owned 0.09% of Grupo Aeroportuario del Sureste, SAB de CV, valued at $8,058,000 at the time of the latest SEC filing.

Several other large investors have also increased or decreased their stakes in ASR. The New York State Common Retirement Fund purchased approximately $40,000 worth of new stock in Grupo Aeroportuario del Sureste, SAB de CV during the fourth quarter. Pacer Advisors Inc. purchased new shares in Grupo Aeroportuario del Sureste, SAB de CV during the fourth quarter for a value of approximately $85,000. Ronald Blue Trust Inc. increased its position in the shares of Grupo Aeroportuario del Sureste, SAB de CV by 85.4% during the first quarter. Ronald Blue Trust, which purchased an additional 169 shares last quarter, now owns 367 shares of the shipping company worth $85,000. Addison Advisors LLC increased its stock position in Grupo Aeroportuario del Sureste, SAB de CV by 47.2% during the fourth quarter. Addison Advisors LLC purchased an additional 125 shares during the last quarter and now owns 390 shares of the shipping company worth $91,000. Finally, Quadrant Capital Group LLC increased its equity position in Grupo Aeroportuario del Sureste, SAB de CV by 49.8% during the fourth quarter. Quadrant Capital Group LLC purchased an additional 147 shares during the last quarter and now owns 442 shares of the shipping company, valued at $103,000. Hedge funds and other institutional investors hold 16.11% of the company’s shares.

Grupo Aeroportuario del Sureste, SAB de CV deals up 0.4%

ASR shares opened Friday at $277.69. The company’s 50-day moving average is $284.84 and its 200-day moving average is $281.01. Grupo Aeroportuario del Sureste, SAB de CV hit a 52-week low of $179.01 and a 52-week high of $314.48. The stock has a market cap of $8.33 billion, trades at 15.78 times earnings, 3.08 times earnings, and 1.09 times beta. The company has a debt to equity ratio of 0.23, a quick ratio of 3.58 and a current ratio of 3.58.

Grupo Aeroportuario del Sureste, SAB de CV (NYSE:ASR – Free Report) last released its quarterly earnings data on Monday, April 24. The company reported earnings of $4.64 a share for the quarter, beating analyst consensus expectations of $4.51 by $0.13. Grupo Aeroportuario del Sureste, SAB de CV had a net margin of 39.70% and a return on equity of 21.65%. Revenue for the business in the quarter was $345.57 million. Sell-side analysts expect Grupo Aeroportuario del Sureste, SAB de CV’s earnings per share to be 20.44 for the current financial year.

Grupo Aeroportuario del Sureste, SAB de CV cut dividend

The company also recently announced its annual dividend, which was paid out on Monday, June 12. The stockholder of record on Tuesday, May 30, was given a dividend of $5.6528 per share. This represents a yield of 2.7%. The ex-dividend date was Friday, May 26. Grupo Aeroportuario del Sureste, SAB de CV has a dividend payout ratio (DPR) of 28.86%.

Wall Street analyst speaks out

ASR has been a hot topic in several recent analyst reports. JPMorgan Chase downgraded its shares in Groupe Aeroportuario del Reste SAB de CV from ‘overweight’ to ‘neutral’ in a research report on Thursday, March 30. Barclays upgraded its stake in Grupo Aeroportuario del Sureste, SAB de CV from ‘underweight’ to ‘overweight’ in a research report on Monday 22nd May. Finally, StockNews.com began reporting on the shares of Grupo Aeroportuario del Sureste, SAB de CV in a research report on Thursday, May 18th. They issued a “hold” rating on the stock. One investment analyst rated the company a sell, three a hold, and one a buy. Based on MarketBeat, Grupo Aeroportuario del Sureste data, SAB de CV has a Consensus Rating of “Hold” and a Consensus Price Target of $255.00.

Grupo Aeroportuario del Sureste, SAB de CV company profile

(free report)

Grupo Aeroportuario del Sureste, SAB de CV holds an interest in the operation, maintenance and development of airports in the southeastern region of Mexico. The company operates airports in Cancun, Cozumel, Merida, Huatulco, Oaxaca, Veracruz, Villahermosa, Tapachula and Minatitlan.

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Grupo Aeroportuario del Sureste, quarterly agency ownership of SAB de CV (NYSE:ASR)

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