Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) Upgraded at StockNews.com

StockNews.com upgraded shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) from a hold rating to a buy rating in a research report released on Tuesday morning.

A number of other research analysts also recently commented on ASR. Barclays downgraded 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. 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 increased their price target for the company from $274.00 to $326.00 in a research note on Friday, January 26th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of Moderate Buy and an average price target of $274.00.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. Stock Up 7.4 %

Shares of NYSE:ASR opened at $338.60 on Tuesday. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a fifty-two week low of $165.00 and a fifty-two week high of $342.16. The firm’s 50 day moving average price is $307.00 and its 200 day moving average price is $273.80. The company has a quick ratio of 3.87, a current ratio of 3.88 and a debt-to-equity ratio of 0.21. The stock has a market cap of $10.16 billion, a price-to-earnings ratio of 17.29, a price-to-earnings-growth ratio of 2.93 and a beta of 1.18.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) last announced its quarterly earnings data on Monday, February 26th. The transportation company reported $4.99 earnings per share for the quarter, missing analysts’ consensus estimates of $5.78 by ($0.79). The firm had revenue of $392.31 million during the quarter. Grupo Aeroportuario del Sureste, S. A. B. de C. V. had a net margin of 39.55% and a return on equity of 20.77%. As a group, equities research analysts predict that Grupo Aeroportuario del Sureste, S. A. B. de C. V. will post 23.89 earnings per share for the current fiscal year.

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

A number of large investors have recently made changes to their positions in the company. CWM LLC lifted its stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 227.8% in the fourth quarter. CWM LLC now owns 118 shares of the transportation company’s stock valued at $35,000 after buying an additional 82 shares during the last quarter. Blue Trust Inc. boosted its stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 62.6% during the 4th quarter. Blue Trust Inc. now owns 187 shares of the transportation company’s stock worth $55,000 after purchasing an additional 72 shares during the period. Parallel Advisors LLC grew its position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 116.7% during the 4th quarter. Parallel Advisors LLC now owns 221 shares of the transportation company’s stock worth $65,000 after purchasing an additional 119 shares during the last quarter. Signaturefd LLC increased its stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 30.6% in the third quarter. Signaturefd LLC now owns 269 shares of the transportation company’s stock valued at $66,000 after purchasing an additional 63 shares during the period. Finally, Sequoia Financial Advisors LLC purchased a new stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the fourth quarter valued at about $214,000. 10.57% of the stock is owned by institutional investors and hedge funds.

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.