Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) Receives Consensus Rating of “Hold” from Brokerages

Shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) have been given a consensus rating of “Hold” by the five ratings firms that are currently covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and three have issued a buy recommendation on the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $274.00.

Separately, StockNews.com raised shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a “hold” rating to a “buy” rating in a research report on Thursday, September 5th.

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

A number of hedge funds have recently modified their holdings of ASR. Dynamic Technology Lab Private Ltd acquired a new stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the 4th quarter worth about $494,000. PNC Financial Services Group Inc. raised its stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 62.2% in the 4th quarter. PNC Financial Services Group Inc. now owns 840 shares of the transportation company’s stock worth $247,000 after purchasing an additional 322 shares in the last quarter. Hsbc Holdings PLC raised its stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 116.7% in the 4th quarter. Hsbc Holdings PLC now owns 92,230 shares of the transportation company’s stock worth $27,134,000 after purchasing an additional 49,668 shares in the last quarter. Parallel Advisors LLC raised its stake in 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 worth $65,000 after purchasing an additional 119 shares in the last quarter. Finally, Alberta Investment Management Corp raised its stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 83.5% in the 4th quarter. Alberta Investment Management Corp now owns 37,894 shares of the transportation company’s stock worth $11,151,000 after purchasing an additional 17,244 shares in the last quarter. Institutional investors and hedge funds own 10.57% of the company’s stock.

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

Shares of ASR opened at $285.32 on Friday. The firm has a 50-day moving average of $281.32 and a 200-day moving average of $307.23. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a one year low of $165.00 and a one year high of $357.90. The company has a market cap of $8.56 billion, a PE ratio of 13.49, a price-to-earnings-growth ratio of 2.40 and a beta of 1.12. The company has a debt-to-equity ratio of 0.20, a current ratio of 3.97 and a quick ratio of 3.97.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) last announced its quarterly earnings data on Tuesday, July 23rd. The transportation company reported $9.60 EPS for the quarter, beating analysts’ consensus estimates of $5.64 by $3.96. Grupo Aeroportuario del Sureste, S. A. B. de C. V. had a net margin of 49.57% and a return on equity of 25.99%. The company had revenue of $357.51 million during the quarter. As a group, equities analysts forecast that Grupo Aeroportuario del Sureste, S. A. B. de C. V. will post 22.95 earnings per share for the current year.

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.