Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) Stock Price Passes Above 200-Day Moving Average of $270.71

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $270.71 and traded as high as $311.23. Grupo Aeroportuario del Sureste, S. A. B. de C. V. shares last traded at $307.61, with a volume of 20,706 shares traded.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the stock. StockNews.com downgraded shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a “buy” rating to a “hold” rating in a report on Thursday, April 4th. The Goldman Sachs Group raised shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a “sell” rating to a “buy” rating and lifted their price objective for the stock from $274.00 to $326.00 in a report on Friday, January 26th. Finally, Barclays downgraded shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. from an “overweight” rating to an “equal weight” rating in a report on Wednesday, March 13th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $274.00.

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

The company has a debt-to-equity ratio of 0.21, a current ratio of 4.26 and a quick ratio of 2.97. The firm has a market capitalization of $9.23 billion, a P/E ratio of 15.71, a P/E/G ratio of 3.05 and a beta of 1.18. The firm’s 50 day simple moving average is $306.17 and its two-hundred day simple moving average is $270.71.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) last posted its quarterly earnings results on Monday, February 26th. The transportation company reported $4.99 earnings per share for the quarter, missing the consensus estimate of $5.78 by ($0.79). The business had revenue of $392.31 million during the quarter. Grupo Aeroportuario del Sureste, S. A. B. de C. V. had a return on equity of 20.77% and a net margin of 39.55%. As a group, analysts predict that Grupo Aeroportuario del Sureste, S. A. B. de C. V. will post 23.61 earnings per share for the current year.

Hedge Funds Weigh In On Grupo Aeroportuario del Sureste, S. A. B. de C. V.

Hedge funds and other institutional investors have recently modified their holdings of the company. CWM LLC raised its stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 227.8% during the fourth quarter. CWM LLC now owns 118 shares of the transportation company’s stock valued at $35,000 after acquiring an additional 82 shares during the last quarter. Blue Trust Inc. raised its stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 62.6% during the fourth quarter. Blue Trust Inc. now owns 187 shares of the transportation company’s stock valued at $55,000 after acquiring an additional 72 shares during the last quarter. Parallel Advisors LLC raised its stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 116.7% during the fourth quarter. Parallel Advisors LLC now owns 221 shares of the transportation company’s stock valued at $65,000 after acquiring an additional 119 shares during the last quarter. Atlas Capital Advisors LLC raised its stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 21.0% during the second quarter. Atlas Capital Advisors LLC now owns 248 shares of the transportation company’s stock valued at $69,000 after acquiring an additional 43 shares during the last quarter. Finally, Signaturefd LLC raised its stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 30.6% during the third quarter. Signaturefd LLC now owns 269 shares of the transportation company’s stock valued at $66,000 after acquiring an additional 63 shares during the last quarter. 10.57% of the stock is owned by institutional investors.

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.