Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) Share Price Crosses Above 200-Day Moving Average of $270.71

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) shares passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $270.71 and traded as high as $311.23. Grupo Aeroportuario del Sureste, S. A. B. de C. V. shares last traded at $307.61, with a volume of 20,706 shares trading hands.

Analyst Ratings Changes

Several analysts have recently issued reports on the stock. StockNews.com cut shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a “buy” rating to a “hold” rating in a research note on Thursday, April 4th. The Goldman Sachs Group upgraded 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 stock from $274.00 to $326.00 in a report on Friday, January 26th. Finally, Barclays lowered 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. One investment analyst has rated the stock with a sell rating, two have given a hold rating and four have assigned a buy rating to the company. According to MarketBeat, the stock 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 Performance

The stock has a market cap of $9.21 billion, a PE ratio of 15.69, a PEG ratio of 2.97 and a beta of 1.18. The stock has a fifty day simple moving average of $305.80 and a two-hundred day simple moving average of $271.20. The company has a debt-to-equity ratio of 0.21, a quick ratio of 2.97 and a current ratio of 4.26.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) last announced its earnings results on Monday, February 26th. The transportation company reported $4.99 earnings per share for the quarter, missing the consensus estimate 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%. Equities analysts anticipate that Grupo Aeroportuario del Sureste, S. A. B. de C. V. will post 23.61 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Healthcare of Ontario Pension Plan Trust Fund grew its holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 24.9% during the 3rd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 50,100 shares of the transportation company’s stock worth $12,310,000 after acquiring an additional 10,000 shares in the last quarter. Hsbc Holdings PLC increased its holdings in 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 buying an additional 29,462 shares during the last quarter. Alpine Global Management LLC acquired a new stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the third quarter valued at approximately $1,303,000. Campbell & CO Investment Adviser LLC bought a new position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the 3rd quarter worth approximately $764,000. Finally, Yorktown Management & Research Co Inc grew its position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 29.9% in the 4th quarter. Yorktown Management & Research Co Inc now owns 1,390 shares of the transportation company’s stock worth $409,000 after acquiring an additional 320 shares in the last quarter. Hedge funds and other 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.