Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) Upgraded by StockNews.com to “Buy”

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) was upgraded by research analysts at StockNews.com from a “hold” rating to a “buy” rating in a research note issued on Tuesday.

A number of other equities analysts have also recently issued reports on the stock. 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. The Goldman Sachs Group raised Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a “sell” rating to a “buy” rating and lifted their price target for the company from $274.00 to $326.00 in a report on Friday, January 26th. One analyst has rated the stock with a sell rating, one has issued a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $274.00.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. Stock Performance

NYSE ASR traded up $23.34 on Tuesday, hitting $338.60. 56,507 shares of the company’s stock were exchanged, compared to its average volume of 48,445. 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 firm’s 50-day moving average price is $307.00 and its two-hundred day moving average price is $273.80. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a fifty-two week low of $165.00 and a fifty-two week high of $342.16. The firm has a market cap of $10.16 billion, a price-to-earnings ratio of 17.29, a P/E/G ratio of 2.93 and a beta of 1.18.

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 EPS for the quarter, missing analysts’ consensus estimates of $5.78 by ($0.79). 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%. The company had revenue of $392.31 million for the quarter. On average, research analysts expect that Grupo Aeroportuario del Sureste, S. A. B. de C. V. will post 23.89 EPS for the current year.

Institutional Investors Weigh In On Grupo Aeroportuario del Sureste, S. A. B. de C. V.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. CWM LLC raised its position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 227.8% in the 4th quarter. CWM LLC now owns 118 shares of the transportation company’s stock valued at $35,000 after buying an additional 82 shares in the last quarter. Blue Trust Inc. increased its position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 62.6% in the 4th quarter. Blue Trust Inc. now owns 187 shares of the transportation company’s stock valued at $55,000 after acquiring an additional 72 shares during the period. Parallel Advisors LLC boosted its stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 116.7% in the 4th quarter. Parallel Advisors LLC now owns 221 shares of the transportation company’s stock valued at $65,000 after purchasing an additional 119 shares during the last quarter. Signaturefd LLC boosted its stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 30.6% in the 3rd quarter. Signaturefd LLC now owns 269 shares of the transportation company’s stock valued at $66,000 after purchasing an additional 63 shares during the last quarter. Finally, Sequoia Financial Advisors LLC bought a new stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the 4th quarter valued at $214,000. 10.57% of the stock is currently owned by institutional investors and hedge funds.

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

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.