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

Shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) have earned an average recommendation of “Hold” from the five research firms that are currently covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, one has assigned a hold rating and three have issued a buy rating on the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is $274.00.

Separately, StockNews.com lowered Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a “buy” rating to a “hold” rating in a report on Wednesday, August 28th.

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

NYSE:ASR opened at $265.09 on Wednesday. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a 52 week low of $165.00 and a 52 week high of $357.90. The company has a debt-to-equity ratio of 0.20, a quick ratio of 3.97 and a current ratio of 3.97. The firm’s 50-day simple moving average is $290.40 and its 200 day simple moving average is $309.13. The firm has a market cap of $7.95 billion, a price-to-earnings ratio of 12.53, a P/E/G ratio of 2.20 and a beta of 1.14.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) last released its quarterly earnings results on Tuesday, July 23rd. The transportation company reported $9.60 earnings per share for the quarter, beating analysts’ consensus estimates of $5.64 by $3.96. The company had revenue of $357.51 million during the quarter. 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%. As a group, sell-side analysts predict that Grupo Aeroportuario del Sureste, S. A. B. de C. V. will post 22.89 earnings per share for the current year.

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

A number of large investors have recently modified their holdings of the business. CWM LLC grew its holdings in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 227.8% during the 4th quarter. CWM LLC now owns 118 shares of the transportation company’s stock valued at $35,000 after purchasing an additional 82 shares during the last quarter. Parallel Advisors LLC grew its stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 116.7% during the fourth quarter. Parallel Advisors LLC now owns 221 shares of the transportation company’s stock worth $65,000 after buying an additional 119 shares during the last quarter. Blue Trust Inc. increased its holdings in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 64.7% during the second quarter. Blue Trust Inc. now owns 313 shares of the transportation company’s stock worth $100,000 after buying an additional 123 shares in the last quarter. Signaturefd LLC lifted its stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 53.5% in the 4th quarter. Signaturefd LLC now owns 413 shares of the transportation company’s stock valued at $122,000 after acquiring an additional 144 shares during the last quarter. Finally, PNC Financial Services Group Inc. boosted its holdings in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 62.2% during the 4th quarter. PNC Financial Services Group Inc. now owns 840 shares of the transportation company’s stock valued at $247,000 after acquiring an additional 322 shares in the last quarter. Institutional investors and hedge funds own 10.57% of the company’s stock.

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.