Grupo Aeroportuario del Sureste, S.A. de C.V. (NYSE:ASR) was upgraded by research analysts at UBS AG from a “sell” rating to a “neutral” rating in a research report issued on Friday, The Fly reports.

A number of other analysts also recently weighed in on ASR. HSBC Holdings plc downgraded Grupo Aeroportuario del Sureste, S.A. de C.V. from a “buy” rating to a “hold” rating in a report on Tuesday, October 3rd. Zacks Investment Research downgraded Grupo Aeroportuario del Sureste, S.A. de C.V. from a “buy” rating to a “hold” rating in a report on Thursday, August 17th. BidaskClub downgraded Grupo Aeroportuario del Sureste, S.A. de C.V. from a “buy” rating to a “hold” rating in a report on Monday, July 31st. Royal Bank Of Canada reiterated an “outperform” rating on shares of Grupo Aeroportuario del Sureste, S.A. de C.V. in a report on Thursday, September 7th. Finally, Scotiabank downgraded Grupo Aeroportuario del Sureste, S.A. de C.V. from an “outperform” rating to a “sector perform” rating and increased their price target for the stock from $185.00 to $202.00 in a report on Thursday, September 7th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and one has assigned a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $213.00.

Grupo Aeroportuario del Sureste, S.A. de C.V. (ASR) traded up 0.81% on Friday, reaching $183.31. The company’s stock had a trading volume of 19,124 shares. Grupo Aeroportuario del Sureste, S.A. de C.V. has a 12 month low of $131.72 and a 12 month high of $229.45. The company has a market cap of $54.99 billion, a P/E ratio of 226.59 and a beta of 0.56. The stock’s 50 day moving average price is $196.26 and its 200 day moving average price is $198.79.

Grupo Aeroportuario del Sureste, S.A. de C.V. (NYSE:ASR) last issued its quarterly earnings results on Thursday, July 20th. The transportation company reported $2.03 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.93 by $0.10. Grupo Aeroportuario del Sureste, S.A. de C.V. had a return on equity of 18.02% and a net margin of 39.61%. The firm had revenue of $158.17 million during the quarter. Equities research analysts forecast that Grupo Aeroportuario del Sureste, S.A. de C.V. will post $7.99 earnings per share for the current year.

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Several institutional investors and hedge funds have recently modified their holdings of ASR. Goldman Sachs Group Inc. grew its stake in shares of Grupo Aeroportuario del Sureste, S.A. de C.V. by 388.0% in the 2nd quarter. Goldman Sachs Group Inc. now owns 99,378 shares of the transportation company’s stock valued at $20,909,000 after buying an additional 79,012 shares during the period. JPMorgan Chase & Co. grew its stake in shares of Grupo Aeroportuario del Sureste, S.A. de C.V. by 6.7% in the 2nd quarter. JPMorgan Chase & Co. now owns 580,034 shares of the transportation company’s stock valued at $122,039,000 after buying an additional 36,658 shares during the period. AQR Capital Management LLC grew its stake in shares of Grupo Aeroportuario del Sureste, S.A. de C.V. by 110.4% in the 1st quarter. AQR Capital Management LLC now owns 54,591 shares of the transportation company’s stock valued at $9,457,000 after buying an additional 28,650 shares during the period. William Blair Investment Management LLC grew its stake in shares of Grupo Aeroportuario del Sureste, S.A. de C.V. by 14.0% in the 2nd quarter. William Blair Investment Management LLC now owns 231,811 shares of the transportation company’s stock valued at $48,773,000 after buying an additional 28,401 shares during the period. Finally, Forsta AP Fonden grew its stake in shares of Grupo Aeroportuario del Sureste, S.A. de C.V. by 787.1% in the 2nd quarter. Forsta AP Fonden now owns 27,500 shares of the transportation company’s stock valued at $5,786,000 after buying an additional 24,400 shares during the period. Institutional investors own 32.90% of the company’s stock.

Grupo Aeroportuario del Sureste, S.A. de C.V. Company Profile

Grupo Aeroportuario del Sureste SAB de CV (ASUR) is a Mexico-based holding company. It and its subsidiaries hold concessions to operate, maintain and develop approximately nine airports in the southeast region of Mexico, as well as over 10 airports in Colombia. The Company operates through segments, including Cancun airport and subsidiaries (Cancun), the Villahermosa Airport (Villahermosa), the Merida airport (Merida) and Services.

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Analyst Recommendations for Grupo Aeroportuario del Sureste, S.A. de C.V. (NYSE:ASR)

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