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

StockNews.com upgraded shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) from a hold rating to a buy rating in a report released on Tuesday morning.

Several other research analysts have also recently issued reports on ASR. The Goldman Sachs Group upgraded Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a sell rating to a buy rating and raised their price objective for the stock from $274.00 to $326.00 in a research note on Friday, January 26th. 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 research report on Wednesday, March 13th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat, Grupo Aeroportuario del Sureste, S. A. B. de C. V. currently has an average rating of Moderate Buy and an average price target of $274.00.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. Stock Up 7.4 %

NYSE:ASR opened at $338.60 on Tuesday. The company has a current ratio of 3.88, a quick ratio of 3.87 and a debt-to-equity ratio of 0.21. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a twelve month low of $165.00 and a twelve month high of $342.16. The company has a market cap of $10.16 billion, a PE ratio of 17.29, a P/E/G ratio of 2.93 and a beta of 1.18. The company’s 50 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. (NYSE:ASR) last announced its quarterly earnings data on Monday, February 26th. The transportation company reported $4.99 earnings per share for the quarter, missing analysts’ consensus estimates of $5.78 by ($0.79). The company had revenue of $392.31 million for 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%. Analysts anticipate that Grupo Aeroportuario del Sureste, S. A. B. de C. V. will post 23.89 EPS for the current year.

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

Several hedge funds and other institutional investors have recently bought and sold shares of ASR. SG Americas Securities LLC grew its stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 13.9% during the 3rd quarter. SG Americas Securities LLC now owns 1,341 shares of the transportation company’s stock worth $329,000 after purchasing an additional 164 shares during the period. Handelsbanken Fonder AB increased its holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 1.4% in the third quarter. Handelsbanken Fonder AB now owns 39,813 shares of the transportation company’s stock valued at $9,782,000 after buying an additional 562 shares in the last quarter. Veracity Capital LLC raised its position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 21.7% in the third quarter. Veracity Capital LLC now owns 1,263 shares of the transportation company’s stock worth $310,000 after acquiring an additional 225 shares during the period. Inspire Investing LLC boosted its stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 11.3% during the 3rd quarter. Inspire Investing LLC now owns 3,821 shares of the transportation company’s stock worth $939,000 after acquiring an additional 389 shares in the last quarter. Finally, Matthews International Capital Management LLC boosted its stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 13.3% during the 3rd quarter. Matthews International Capital Management LLC now owns 4,970 shares of the transportation company’s stock worth $1,221,000 after acquiring an additional 585 shares in the last quarter. 10.57% of the stock is owned by institutional investors and hedge funds.

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.