Scotiabank downgraded shares of Grupo Aeroportuario del Sureste, S.A. de C.V. (NYSE:ASR) from an outperform rating to a sector perform rating in a report released on Thursday morning. The brokerage currently has $202.00 price objective on the transportation company’s stock, up from their prior price objective of $185.00.

ASR has been the subject of a number of other reports. Zacks Investment Research upgraded Grupo Aeroportuario del Sureste, S.A. de C.V. from a hold rating to a buy rating and set a $224.00 price objective for the company in a research note on Friday, August 18th. UBS AG downgraded Grupo Aeroportuario del Sureste, S.A. de C.V. from an outperform rating to a market perform rating in a research note on Tuesday, June 6th. J P Morgan Chase & Co downgraded 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. BidaskClub downgraded Grupo Aeroportuario del Sureste, S.A. de C.V. from a buy rating to a hold rating in a research note on Monday, July 31st. Finally, Morgan Stanley downgraded 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. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and two have given a buy rating to the company. Grupo Aeroportuario del Sureste, S.A. de C.V. currently has a consensus rating of Hold and an average target price of $213.00.

Shares of Grupo Aeroportuario del Sureste, S.A. de C.V. (ASR) opened at 200.87 on Thursday. The stock has a market capitalization of $60.26 billion, a P/E ratio of 250.46 and a beta of 0.58. The firm’s 50-day moving average is $206.86 and its 200 day moving average is $193.45. Grupo Aeroportuario del Sureste, S.A. de C.V. has a 12-month low of $131.72 and a 12-month high of $229.45.

Grupo Aeroportuario del Sureste, S.A. de C.V. (NYSE:ASR) last announced its quarterly earnings data on Thursday, July 20th. The transportation company reported $2.03 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.93 by $0.10. The company had revenue of $158.17 million during the quarter. Grupo Aeroportuario del Sureste, S.A. de C.V. had a return on equity of 18.02% and a net margin of 39.61%. On average, equities research analysts forecast 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 large investors have recently made changes to their positions in ASR. Bank of Montreal Can grew its stake in shares of Grupo Aeroportuario del Sureste, S.A. de C.V. by 21.0% during the 1st quarter. Bank of Montreal Can now owns 9,117 shares of the transportation company’s stock valued at $1,579,000 after acquiring an additional 1,581 shares during the period. Profund Advisors LLC grew its stake in shares of Grupo Aeroportuario del Sureste, S.A. de C.V. by 102.6% during the 1st quarter. Profund Advisors LLC now owns 3,096 shares of the transportation company’s stock valued at $536,000 after acquiring an additional 1,568 shares during the period. BNP Paribas Arbitrage SA grew its stake in shares of Grupo Aeroportuario del Sureste, S.A. de C.V. by 0.3% during the 1st quarter. BNP Paribas Arbitrage SA now owns 12,036 shares of the transportation company’s stock valued at $2,085,000 after acquiring an additional 40 shares during the period. Comerica Bank grew its stake in shares of Grupo Aeroportuario del Sureste, S.A. de C.V. by 1.3% during the 1st quarter. Comerica Bank now owns 1,588 shares of the transportation company’s stock valued at $298,000 after acquiring an additional 21 shares during the period. Finally, Karp Capital Management Corp purchased a new position in Grupo Aeroportuario del Sureste, S.A. de C.V. in the 1st quarter worth approximately $2,980,000. Institutional investors own 32.90% of the company’s stock.

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

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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