Grupo Aeroportuario del Sureste, S.A. de C.V. (NYSE:ASR)‘s stock had its “outperform” rating reiterated by equities researchers at Royal Bank Of Canada in a report issued on Thursday.

A number of other research analysts have also issued reports on the stock. J P Morgan Chase & Co lowered shares of Grupo Aeroportuario del Sureste, S.A. de C.V. from a “neutral” rating to an “underweight” rating in a research note on Friday, May 12th. Morgan Stanley lowered shares of Grupo Aeroportuario del Sureste, S.A. de C.V. from an “overweight” rating to an “equal weight” rating in a research note on Tuesday, May 30th. Zacks Investment Research upgraded shares of Grupo Aeroportuario del Sureste, S.A. de C.V. from a “hold” rating to a “buy” rating and set a $224.00 price target on the stock in a research note on Friday, August 18th. BidaskClub lowered shares of Grupo Aeroportuario del Sureste, S.A. de C.V. from a “strong-buy” rating to a “buy” rating in a research note on Monday, July 24th. Finally, Scotiabank lowered shares of Grupo Aeroportuario del Sureste, S.A. de C.V. from an “outperform” rating to a “sector perform” rating and boosted their price target for the stock from $185.00 to $202.00 in a research note on Thursday. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and two have assigned a buy rating to the company. Grupo Aeroportuario del Sureste, S.A. de C.V. presently has an average rating of “Hold” and a consensus target price of $213.00.

Shares of Grupo Aeroportuario del Sureste, S.A. de C.V. (ASR) opened at 200.87 on Thursday. The firm has a market capitalization of $60.26 billion, a PE ratio of 250.46 and a beta of 0.58. The stock’s 50 day moving average price is $206.86 and its 200-day moving average price is $193.45. Grupo Aeroportuario del Sureste, S.A. de C.V. has a 52-week low of $131.72 and a 52-week high of $229.45.

Grupo Aeroportuario del Sureste, S.A. de C.V. (NYSE:ASR) last announced its earnings results on Thursday, July 20th. The transportation company reported $2.03 EPS for the quarter, beating analysts’ consensus estimates of $1.93 by $0.10. Grupo Aeroportuario del Sureste, S.A. de C.V. had a net margin of 39.61% and a return on equity of 18.02%. The business had revenue of $158.17 million during the quarter. Equities research analysts anticipate that Grupo Aeroportuario del Sureste, S.A. de C.V. will post $8.01 EPS for the current fiscal year.

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Several institutional investors have recently modified their holdings of ASR. Goldman Sachs Group Inc. increased its stake in shares of Grupo Aeroportuario del Sureste, S.A. de C.V. by 388.0% during the second quarter. Goldman Sachs Group Inc. now owns 99,378 shares of the transportation company’s stock worth $20,909,000 after acquiring an additional 79,012 shares during the period. JPMorgan Chase & Co. grew its position in Grupo Aeroportuario del Sureste, S.A. de C.V. by 6.7% during the second quarter. JPMorgan Chase & Co. now owns 580,034 shares of the transportation company’s stock worth $122,039,000 after buying an additional 36,658 shares during the period. AQR Capital Management LLC grew its position in Grupo Aeroportuario del Sureste, S.A. de C.V. by 110.4% during the first quarter. AQR Capital Management LLC now owns 54,591 shares of the transportation company’s stock worth $9,457,000 after buying an additional 28,650 shares during the period. William Blair Investment Management LLC grew its position in Grupo Aeroportuario del Sureste, S.A. de C.V. by 14.0% during the second quarter. William Blair Investment Management LLC now owns 231,811 shares of the transportation company’s stock worth $48,773,000 after buying an additional 28,401 shares during the period. Finally, Forsta AP Fonden grew its position in Grupo Aeroportuario del Sureste, S.A. de C.V. by 787.1% during the second quarter. Forsta AP Fonden now owns 27,500 shares of the transportation company’s stock worth $5,786,000 after buying an additional 24,400 shares during the period. Institutional investors and hedge funds own 32.90% of the company’s stock.

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

Grupo Aeroportuario del Sureste SAB de CV (ASUR) is a Mexico-based holding company. It and its subsidiaries hold concessions to operate, maintain and develop approximately nine airports in the southeast region of Mexico, as well as over 10 airports in Colombia. The Company operates through segments, including Cancun airport and subsidiaries (Cancun), the Villahermosa Airport (Villahermosa), the Merida airport (Merida) and Services.

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

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