Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) Reaches New 1-Year High at $332.68

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) shares hit a new 52-week high on Monday . The company traded as high as $332.68 and last traded at $330.26, with a volume of 1604 shares changing hands. The stock had previously closed at $331.34.

Wall Street Analyst Weigh In

A number of equities analysts have commented on ASR shares. Bank of America upgraded shares of 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. StockNews.com cut Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a “buy” rating to a “hold” rating in a report on Thursday, April 4th. Barclays downgraded Grupo Aeroportuario del Sureste, S. A. B. de C. V. from an “overweight” rating to an “equal weight” rating in a report on Wednesday, March 13th. Finally, 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 upped their price objective for the stock from $274.00 to $326.00 in a research note on Friday, January 26th. One analyst has rated the stock with a sell rating, two have given a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $274.00.

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

The firm has a market capitalization of $9.79 billion, a PE ratio of 16.66, a P/E/G ratio of 3.19 and a beta of 1.18. The company has a debt-to-equity ratio of 0.21, a quick ratio of 2.97 and a current ratio of 4.26. The stock has a fifty day moving average price of $304.73 and a 200-day moving average price of $268.40.

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 earnings per share (EPS) for the quarter, missing the consensus estimate of $5.78 by ($0.79). The company had revenue of $392.31 million during 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%. Sell-side analysts forecast that Grupo Aeroportuario del Sureste, S. A. B. de C. V. will post 23.61 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the company. CWM LLC boosted its stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 227.8% in the fourth quarter. CWM LLC now owns 118 shares of the transportation company’s stock valued at $35,000 after acquiring an additional 82 shares in the last quarter. Blue Trust Inc. grew its stake 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 worth $55,000 after buying an additional 72 shares during the last quarter. Parallel Advisors LLC grew its stake 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 worth $65,000 after buying an additional 119 shares during the last quarter. Atlas Capital Advisors LLC raised its stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 21.0% in the second quarter. Atlas Capital Advisors LLC now owns 248 shares of the transportation company’s stock valued at $69,000 after buying an additional 43 shares during the last quarter. Finally, Signaturefd LLC raised its stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 30.6% in the third quarter. Signaturefd LLC now owns 269 shares of the transportation company’s stock valued at $66,000 after buying an additional 63 shares during the last quarter. Hedge funds and other institutional investors own 10.57% of the company’s stock.

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.