StockNews.com Lowers Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) to Hold

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 note issued to investors on Monday morning.

Other research analysts also recently issued reports about the stock. Citigroup downgraded shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a neutral rating to a sell rating and cut their price target for the company from $228.00 to $222.00 in a report on Tuesday, November 28th. 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 report on Thursday, December 14th. The Goldman Sachs Group raised Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a sell rating to a buy rating and raised their price target for the company from $274.00 to $326.00 in a report on Friday, January 26th. Finally, Barclays downgraded 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 investment analyst has rated the stock with a sell rating, two have issued a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of Hold and a consensus price target of $274.00.

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

NYSE:ASR opened at $317.30 on Monday. The business’s fifty day moving average is $297.11 and its 200 day moving average is $264.07. The firm has a market cap of $9.52 billion, a price-to-earnings ratio of 16.21, a PEG ratio of 2.98 and a beta of 1.17. 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 52-week low of $165.00 and a 52-week high of $320.70.

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 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 net margin of 39.55% and a return on equity of 20.77%. The company had revenue of $392.31 million for the quarter. Research analysts predict that Grupo Aeroportuario del Sureste, S. A. B. de C. V. will post 23.61 EPS for the current year.

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

A number of institutional investors have recently made changes to their positions in ASR. Cerity Partners LLC boosted its holdings in 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 valued at $276,000 after acquiring an additional 38 shares during the period. Atlas Capital Advisors LLC increased its stake in 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. US Bancorp DE lifted its position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 7.1% in the first quarter. US Bancorp DE now owns 766 shares of the transportation company’s stock valued at $170,000 after purchasing an additional 51 shares during the last quarter. Signaturefd LLC boosted its stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 30.6% during the third quarter. Signaturefd LLC now owns 269 shares of the transportation company’s stock valued at $66,000 after purchasing an additional 63 shares during the period. Finally, Vanguard Personalized Indexing Management LLC grew its holdings in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 6.0% in the third 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 last quarter. Hedge funds and other 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.