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

Shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASRGet Free Report) have earned a consensus rating of “Moderate Buy” from the six research firms that are presently covering the stock, Marketbeat reports. One analyst has rated the stock with a sell rating, one has given a hold rating and four have given a buy rating to the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is $274.00.

ASR has been the subject of a number of analyst reports. StockNews.com upgraded Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a “hold” rating to a “buy” rating in a research note on Tuesday, April 23rd. Barclays downgraded 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.

Get Our Latest Research Report on ASR

Grupo Aeroportuario del Sureste, S. A. B. de C. V. Trading Down 1.8 %

NYSE ASR opened at $295.85 on Wednesday. The firm has a market cap of $8.88 billion, a P/E ratio of 13.99, a P/E/G ratio of 1.38 and a beta of 1.14. The company has a debt-to-equity ratio of 0.21, a current ratio of 3.88 and a quick ratio of 3.87. The stock’s 50-day moving average is $328.41 and its 200-day moving average is $309.70. 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.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASRGet Free Report) last released its quarterly earnings results on Monday, April 22nd. The transportation company reported $6.21 EPS for the quarter. The company had revenue of $438.09 million for the quarter. Grupo Aeroportuario del Sureste, S. A. B. de C. V. had a return on equity of 22.21% and a net margin of 40.21%. Sell-side analysts anticipate that Grupo Aeroportuario del Sureste, S. A. B. de C. V. will post 23.43 earnings per share for the current fiscal year.

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

The firm also recently announced an annual dividend, which will be paid on Monday, July 8th. Stockholders of record on Tuesday, June 25th will be paid a dividend of $5.597 per share. The ex-dividend date of this dividend is Tuesday, June 25th. This represents a dividend yield of 3.3%. Grupo Aeroportuario del Sureste, S. A. B. de C. V.’s dividend payout ratio is currently 51.16%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in ASR. Advisors Asset Management Inc. boosted its stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 48.5% in the 1st quarter. Advisors Asset Management Inc. now owns 3,324 shares of the transportation company’s stock valued at $1,059,000 after purchasing an additional 1,085 shares during the period. CANADA LIFE ASSURANCE Co boosted its stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 7.3% in the 1st quarter. CANADA LIFE ASSURANCE Co now owns 14,713 shares of the transportation company’s stock valued at $4,689,000 after purchasing an additional 1,007 shares during the period. O Shaughnessy Asset Management LLC raised its holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 5.6% in the 1st quarter. O Shaughnessy Asset Management LLC now owns 7,690 shares of the transportation company’s stock valued at $2,451,000 after acquiring an additional 406 shares in the last quarter. Cynosure Group LLC acquired a new position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the 1st quarter valued at $335,000. Finally, BNP PARIBAS ASSET MANAGEMENT Holding S.A. raised its holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 181.8% in the 1st quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 3,100 shares of the transportation company’s stock valued at $988,000 after acquiring an additional 2,000 shares in the last quarter. 10.57% of the stock is currently owned by institutional investors.

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

(Get Free Report

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.

Further Reading

Analyst Recommendations for Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR)

Receive News & Ratings for Grupo Aeroportuario del Sureste S. A. B. de C. V. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Grupo Aeroportuario del Sureste S. A. B. de C. V. and related companies with MarketBeat.com's FREE daily email newsletter.