Shares of the company are trading at $219.02 a bit higher than the 50 day moving average of $199.58 and which is slightly above the 200 day moving average of $171.56. The 50 day moving average was up $19.44 or +9.74% whereas the 200 day moving average was up $47.46 or +27.66%. 71K shares changed hands in the last trading session. Shares saw a steep increase in trading volume of 10.34% over the normal average daily volume.
Here are some other firms who have updated their holdings. As of quarter end Tower Research Capital LLC (trc) had acquired a total of 547 shares growing its stake by 430.7%. The value of the investment in Grupo Aeroportuario del Sureste increased from $19,000 to $117,000 increasing 515.8% quarter to quarter. Goldman Sachs Group Inc trimmed its holdings by selling 173 shares a decrease of 2.5% in the quarter. Goldman Sachs Group Inc claims 6,785 shares with a value of $1,175,000. The total value of its holdings increased 17.4%.
State Street Corp bolstered its ownership by buying 18,535 shares an increase of 40.6%. State Street Corp controls 64,142 shares worth $11,112,000. The value of the position overall is up by 69.3%. As of the end of the quarter AQR Capital Management LLC had bought 28,650 shares growing its holdings by 110.4%. The value of the company’s investment in Grupo Aeroportuario del Sureste went from $3,733,000 to $9,457,000 a change of 153.3% since the last quarter.
On January 22 the company was upgraded from “Neutral” to “Buy” in a report from Goldman Sachs.
In the market the company is trading up by 3.72% since yesterday’s close of $211.17. The company recently declared a dividend paid on Monday the 26th of June 2017. The dividend was $0.840 per share for the quarter which is $3.36 annualized. This dividend represents a yield of $1.60. The ex-dividend date was set for Tuesday the 13th of June 2017.
The most current P/E ratio is 293.59 and the market value is 65.71B. In the latest earnings report the EPS was $0.75 and is estimated to be $7.47 for the current year with 300,002,000 shares outstanding. Next quarter’s EPS is expected be $1.97 with next year’s EPS anticipated to be $8.62.
Grupo Aeroportuario del Sureste, S.A.B. de C.V. (ASUR), launched on April 30, 1998, is a holding company. The Company and its subsidiaries hold concessions to operate, maintain and develop approximately nine airports in the southeast region of Mexico. The Company operates through segments, including Cancun airport and subsidiaries (Cancun), the Villahermosa Airport (Villahermosa), the Merida airport (Merida) and Services. The airports are located in Cancun, Cozumel, Merida, Huatulco, Oaxaca, Veracruz, Villahermosa, Tapachula and Minatitlan. Approximately eight Mexican and over 80 international airlines, including the United States-based airlines, such as American Airlines and United Air Lines are operating directly or through code-sharing arrangements in the Business’s airports..