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

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

Several other research analysts have also recently weighed in on ASR. Bank of America upgraded shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. from an underperform rating to a buy rating in a report on Thursday, December 14th. 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 report on Wednesday, March 13th. Citigroup cut shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a neutral rating to a sell rating and dropped their target price for the company from $228.00 to $222.00 in a research note on Tuesday, November 28th. Finally, 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 boosted their target price for the company from $274.00 to $326.00 in a research note on Friday, January 26th. One research analyst has rated the stock with a sell rating, two have given a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of Hold and an average target price of $274.00.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. Stock Up 0.5 %

Shares of NYSE ASR opened at $318.68 on Monday. The stock has a market capitalization of $9.56 billion, a P/E ratio of 16.28, a P/E/G ratio of 3.03 and a beta of 1.17. The company has a 50-day moving average price of $298.02 and a 200-day moving average price of $264.45. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a 1 year low of $165.00 and a 1 year high of $320.70. The company has a debt-to-equity ratio of 0.21, a current ratio of 4.26 and a quick ratio of 2.97.

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

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

Hedge funds and other institutional investors have recently modified their holdings of the business. Healthcare of Ontario Pension Plan Trust Fund raised its position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 24.9% in the third quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 50,100 shares of the transportation company’s stock valued at $12,310,000 after purchasing an additional 10,000 shares during the period. Hsbc Holdings PLC raised its position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 224.9% in the third quarter. Hsbc Holdings PLC now owns 42,562 shares of the transportation company’s stock valued at $10,515,000 after purchasing an additional 29,462 shares during the period. Alpine Global Management LLC bought a new stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the third quarter valued at approximately $1,303,000. Campbell & CO Investment Adviser LLC bought a new stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the 3rd quarter worth approximately $764,000. Finally, CenterBook Partners LP increased its holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 64.0% during the 3rd quarter. CenterBook Partners LP now owns 6,260 shares of the transportation company’s stock worth $1,538,000 after acquiring an additional 2,442 shares during the period. Institutional investors own 10.57% of the company’s stock.

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

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.