Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) Hits New 52-Week High at $318.98

Shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $318.98 and last traded at $317.06, with a volume of 1604 shares trading hands. The stock had previously closed at $315.01.

Wall Street Analyst Weigh In

ASR has been the subject of a number of analyst reports. Barclays downgraded 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. Bank of America upgraded Grupo Aeroportuario del Sureste, S. A. B. de C. V. from an “underperform” rating to a “buy” rating in a research note on Thursday, December 14th. The Goldman Sachs Group upgraded Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a “sell” rating to a “buy” rating and lifted their price target for the company from $274.00 to $326.00 in a research note on Friday, January 26th. Finally, StockNews.com downgraded Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a “buy” rating to a “hold” rating in a research note on Monday. One analyst has rated the stock with a sell rating, two have given a hold rating and four have issued a buy rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $274.00.

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

The company’s 50-day simple moving average is $298.02 and its 200 day simple moving average is $264.45. The company has a current ratio of 4.26, a quick ratio of 2.97 and a debt-to-equity ratio of 0.21. The stock has a market cap of $9.56 billion, a P/E ratio of 16.28, a PEG ratio of 3.03 and a beta of 1.17.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) last posted its earnings results on Monday, February 26th. The transportation company reported $4.99 EPS for the quarter, missing the consensus estimate of $5.78 by ($0.79). Grupo Aeroportuario del Sureste, S. A. B. de C. V. had a return on equity of 20.77% and a net margin of 39.55%. The firm had revenue of $392.31 million for the quarter. As a group, sell-side analysts expect that Grupo Aeroportuario del Sureste, S. A. B. de C. V. will post 23.61 EPS for the current fiscal year.

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

A number of hedge funds have recently modified their holdings of ASR. CWM LLC raised its holdings in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 227.8% in 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. raised its holdings in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 62.6% in the 4th quarter. Blue Trust Inc. now owns 187 shares of the transportation company’s stock worth $55,000 after purchasing an additional 72 shares during the period. Parallel Advisors LLC raised its holdings in shares of 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 during the period. Signaturefd LLC raised its holdings in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 30.6% in the 3rd quarter. Signaturefd LLC now owns 269 shares of the transportation company’s stock worth $66,000 after purchasing an additional 63 shares during the period. Finally, Atlas Capital Advisors LLC raised its holdings in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 21.0% in the 2nd quarter. Atlas Capital Advisors LLC now owns 248 shares of the transportation company’s stock worth $69,000 after purchasing an additional 43 shares during the period. Institutional investors 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.