Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) Stock Rating Lowered by StockNews.com

StockNews.com lowered shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) from a buy rating to a hold rating in a research report report published on Monday.

Other analysts also recently issued reports about the stock. The Goldman Sachs Group upgraded shares of 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 report on Friday, January 26th. Citigroup downgraded shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a neutral rating to a sell rating and reduced their price target for the company from $228.00 to $222.00 in a report on Tuesday, November 28th. Barclays downgraded shares of 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, 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 report on Thursday, December 14th. One research analyst has rated the stock with a sell rating, two have given a hold rating and four have given a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of Hold and an average price target of $274.00.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. Stock Up 0.7 %

ASR opened at $317.30 on Monday. The company has a debt-to-equity ratio of 0.21, a quick ratio of 2.97 and a current ratio of 4.26. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a fifty-two week low of $165.00 and a fifty-two week high of $320.70. The firm’s fifty day moving average is $297.11 and its 200 day moving average is $264.07. The stock has a market cap of $9.52 billion, a price-to-earnings ratio of 16.21, a price-to-earnings-growth ratio of 2.98 and a beta of 1.17.

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). 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%. On average, sell-side analysts forecast that Grupo Aeroportuario del Sureste, S. A. B. de C. V. will post 23.61 earnings per share for the current fiscal year.

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

A number of large investors have recently made changes to their positions in the business. Cerity Partners LLC boosted its stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 4.0% during the 2nd quarter. Cerity Partners LLC now owns 993 shares of the transportation company’s stock worth $276,000 after purchasing an additional 38 shares during the period. Atlas Capital Advisors LLC boosted its stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 21.0% during 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. US Bancorp DE boosted its stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 7.1% during the 1st quarter. US Bancorp DE now owns 766 shares of the transportation company’s stock worth $170,000 after purchasing an additional 51 shares during the period. Signaturefd LLC boosted its stake in shares of 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 worth $66,000 after purchasing an additional 63 shares during the period. Finally, Vanguard Personalized Indexing Management LLC boosted its stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 6.0% during the 3rd quarter. Vanguard Personalized Indexing Management LLC now owns 1,157 shares of the transportation company’s stock worth $284,000 after purchasing an additional 65 shares during the period. 10.57% of the stock is currently owned by institutional investors.

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.