Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) Receives Average Recommendation of “Moderate Buy” from Brokerages

Shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) have been assigned a consensus rating of “Moderate Buy” from the six analysts that are covering the firm, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, one has given a hold recommendation and four have given a buy recommendation to the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $274.00.

A number of equities analysts have commented on the stock. The Goldman Sachs Group raised shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a “sell” rating to a “buy” rating and lifted their price objective for the stock from $274.00 to $326.00 in a research note on Friday, January 26th. 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 research note on Wednesday, March 13th. Finally, 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 note on Tuesday.

Hedge Funds Weigh In On Grupo Aeroportuario del Sureste, S. A. B. de C. V.

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

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

Shares of NYSE ASR opened at $338.60 on Friday. The company has a debt-to-equity ratio of 0.21, a quick ratio of 3.87 and a current ratio of 3.88. The company has a market cap of $10.16 billion, a P/E ratio of 17.29, a P/E/G ratio of 2.93 and a beta of 1.18. The firm’s fifty day moving average is $307.00 and its two-hundred day moving average is $273.80. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a 52-week low of $165.00 and a 52-week high of $342.16.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) last announced its quarterly earnings results 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). 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 during the quarter. As a group, analysts anticipate that Grupo Aeroportuario del Sureste, S. A. B. de C. V. will post 23.89 EPS for the current fiscal 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.