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

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) has received an average recommendation of “Hold” from the five analysts that are covering the firm, Marketbeat Ratings 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 twelve-month price target among brokers that have issued a report on the stock in the last year is $274.00.

Separately, StockNews.com upgraded 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.

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

A number of hedge funds have recently bought and sold shares of ASR. Hsbc Holdings PLC raised its stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 116.7% in the 4th quarter. Hsbc Holdings PLC now owns 92,230 shares of the transportation company’s stock valued at $27,134,000 after acquiring an additional 49,668 shares during the period. Dimensional Fund Advisors LP raised its stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 1.2% in the 2nd quarter. Dimensional Fund Advisors LP now owns 64,453 shares of the transportation company’s stock valued at $19,300,000 after acquiring an additional 746 shares during the period. 1832 Asset Management L.P. purchased a new position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the 2nd quarter valued at $14,927,000. BNP Paribas Financial Markets raised its stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 22.5% in the 1st quarter. BNP Paribas Financial Markets now owns 46,061 shares of the transportation company’s stock valued at $14,679,000 after acquiring an additional 8,462 shares during the period. Finally, Alberta Investment Management Corp increased its stake in 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 buying an additional 17,244 shares during the period. Institutional investors and hedge funds own 10.57% of the company’s stock.

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

ASR stock opened at $290.58 on Friday. The firm has a market cap of $8.72 billion, a PE ratio of 13.74, a PEG ratio of 2.20 and a beta of 1.12. The company has a debt-to-equity ratio of 0.20, a quick ratio of 3.97 and a current ratio of 3.97. 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 firm’s 50 day moving average price is $283.53 and its 200-day moving average price is $307.40.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) last posted its quarterly earnings results on Tuesday, July 23rd. The transportation company reported $9.60 EPS for the quarter, topping the consensus estimate of $5.64 by $3.96. The business 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 research analysts anticipate that Grupo Aeroportuario del Sureste, S. A. B. de C. V. will post 22.95 EPS for the current year.

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

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.