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

Shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) have earned a consensus recommendation of “Hold” from the five analysts that are currently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the company. The average 12 month target price among analysts that have covered the stock in the last year is $274.00.

Separately, StockNews.com upgraded 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 Investors Weigh In On Grupo Aeroportuario del Sureste, S. A. B. de C. V.

Several hedge funds and other institutional investors have recently made changes to their positions in ASR. 1832 Asset Management L.P. bought a new stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the 2nd quarter valued at approximately $14,927,000. Hsbc Holdings PLC grew its holdings in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 116.7% during the 4th quarter. Hsbc Holdings PLC now owns 92,230 shares of the transportation company’s stock valued at $27,134,000 after purchasing an additional 49,668 shares during the last quarter. Sei Investments Co. grew its holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 337.4% during the 2nd quarter. Sei Investments Co. now owns 26,694 shares of the transportation company’s stock worth $7,995,000 after acquiring an additional 20,591 shares during the last quarter. Alberta Investment Management Corp grew its holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 83.5% during the 4th quarter. Alberta Investment Management Corp now owns 37,894 shares of the transportation company’s stock worth $11,151,000 after acquiring an additional 17,244 shares during the last quarter. Finally, Marshall Wace LLP grew its holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 99.7% during the 2nd quarter. Marshall Wace LLP now owns 32,377 shares of the transportation company’s stock worth $9,698,000 after acquiring an additional 16,163 shares during the last quarter. 10.57% of the stock is owned by institutional investors.

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

Shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. stock opened at $285.32 on Friday. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a twelve month low of $165.00 and a twelve month high of $357.90. The company has a quick ratio of 3.97, a current ratio of 3.97 and a debt-to-equity ratio of 0.20. The company has a 50-day simple moving average of $281.32 and a two-hundred day simple moving average of $307.23. The stock has a market capitalization of $8.56 billion, a price-to-earnings ratio of 13.49, a price-to-earnings-growth ratio of 2.40 and a beta of 1.12.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) last issued its earnings results on Tuesday, July 23rd. The transportation company reported $9.60 EPS for the quarter, beating the consensus estimate 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%. Analysts forecast that Grupo Aeroportuario del Sureste, S. A. B. de C. V. will post 22.95 EPS 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.