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

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) has earned an average rating of “Moderate Buy” from the six ratings firms that are covering the company, Marketbeat reports. One analyst has rated the stock with a sell rating, one has assigned a hold rating and four have assigned a buy rating to the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is $274.00.

Several research firms recently commented on ASR. The Goldman Sachs Group upgraded shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a “sell” rating to a “buy” rating and upped their price target for the company from $274.00 to $326.00 in a research report on Friday, January 26th. Barclays cut shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. from an “overweight” rating to an “equal weight” rating in a research note on Wednesday, March 13th. Finally, StockNews.com lowered shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a “buy” rating to a “hold” rating in a research note on Thursday, April 4th.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. Stock Up 1.1 %

Shares of NYSE:ASR opened at $307.14 on Friday. The firm has a 50 day simple moving average of $305.80 and a 200-day simple moving average of $271.20. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a twelve month low of $165.00 and a twelve month high of $334.13. The company has a current ratio of 4.26, a quick ratio of 2.97 and a debt-to-equity ratio of 0.21. The company has a market capitalization of $9.21 billion, a PE ratio of 15.69, a P/E/G ratio of 2.97 and a beta of 1.18.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) last announced its quarterly earnings results on Monday, February 26th. The transportation company reported $4.99 EPS for the quarter, missing the consensus estimate of $5.78 by ($0.79). 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%. The company had revenue of $392.31 million for the quarter. On average, equities analysts predict that Grupo Aeroportuario del Sureste, S. A. B. de C. V. will post 23.61 EPS for the current fiscal year.

Institutional Investors Weigh In On Grupo Aeroportuario del Sureste, S. A. B. de C. V.

Hedge funds and other institutional investors have recently bought and sold shares of the business. Envestnet Asset Management Inc. grew its stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 12,500.3% during the 1st quarter. Envestnet Asset Management Inc. now owns 619,305 shares of the transportation company’s stock worth $1,201,000 after purchasing an additional 614,390 shares during the period. BlackRock Inc. grew its position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 10.0% during the first quarter. BlackRock Inc. now owns 360,238 shares of the transportation company’s stock worth $79,830,000 after buying an additional 32,860 shares during the period. WCM Investment Management LLC increased its holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 3.0% in the first quarter. WCM Investment Management LLC now owns 255,120 shares of the transportation company’s stock valued at $78,187,000 after buying an additional 7,497 shares in the last quarter. State Street Corp increased its holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 3.9% in the second quarter. State Street Corp now owns 209,158 shares of the transportation company’s stock valued at $41,077,000 after buying an additional 7,922 shares in the last quarter. Finally, Morgan Stanley boosted its stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 19.1% during the 3rd quarter. Morgan Stanley now owns 145,555 shares of the transportation company’s stock worth $35,765,000 after acquiring an additional 23,306 shares in the last quarter. Institutional investors and hedge funds own 10.57% of the company’s stock.

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.