Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) Given Average Rating of “Hold” by Analysts

Shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) have been assigned an average rating of “Hold” from the five analysts that are presently covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $274.00.

Separately, StockNews.com raised shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a “hold” rating to a “buy” rating in a research note on Thursday, September 5th.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. Trading Down 0.1 %

NYSE ASR opened at $290.58 on Friday. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a one year low of $165.00 and a one year high of $357.90. The company has a 50-day simple moving average of $283.53 and a 200-day simple moving average of $307.40. The company has a debt-to-equity ratio of 0.20, a quick ratio of 3.97 and a current ratio of 3.97. The firm has a market capitalization of $8.72 billion, a PE ratio of 13.74, a price-to-earnings-growth ratio of 2.20 and a beta of 1.12.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) last posted its earnings results on Tuesday, July 23rd. The transportation company reported $9.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.64 by $3.96. The firm had revenue of $357.51 million during the quarter. Grupo Aeroportuario del Sureste, S. A. B. de C. V. had a net margin of 49.57% and a return on equity of 25.99%. On average, equities analysts forecast that Grupo Aeroportuario del Sureste, S. A. B. de C. V. will post 22.95 earnings per share for the current year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. 1832 Asset Management L.P. acquired a new stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the second quarter worth approximately $14,927,000. Hsbc Holdings PLC grew its stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 116.7% in the fourth 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 in the last quarter. Sei Investments Co. increased its position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 337.4% in the 2nd quarter. Sei Investments Co. now owns 26,694 shares of the transportation company’s stock worth $7,995,000 after purchasing an additional 20,591 shares during the last quarter. Alberta Investment Management Corp raised its stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 83.5% during the 4th quarter. Alberta Investment Management Corp now owns 37,894 shares of the transportation company’s stock worth $11,151,000 after purchasing an additional 17,244 shares in the last quarter. Finally, Marshall Wace LLP increased its holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 99.7% in the second quarter. Marshall Wace LLP now owns 32,377 shares of the transportation company’s stock worth $9,698,000 after buying an additional 16,163 shares during the last quarter. 10.57% of the stock is currently owned by institutional investors and hedge funds.

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