Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) Sets New 12-Month High at $357.80

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) hit a new 52-week high during trading on Monday . The stock traded as high as $357.80 and last traded at $357.08, with a volume of 3173 shares. The stock had previously closed at $354.35.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on ASR shares. 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 increased their price target for the company from $274.00 to $326.00 in a research report on Friday, January 26th. Barclays lowered 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, StockNews.com upgraded Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a “hold” rating to a “buy” rating in a report on Tuesday, April 23rd. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and five have assigned a buy rating to the company. According to MarketBeat, Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a consensus rating of “Moderate Buy” and a consensus price target of $274.00.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. Stock Down 3.5 %

The company’s fifty day simple moving average is $310.86 and its 200 day simple moving average is $277.54. The firm has a market capitalization of $10.33 billion, a P/E ratio of 16.28, a price-to-earnings-growth ratio of 3.30 and a beta of 1.18. The company has a current ratio of 3.88, a quick ratio of 3.87 and a debt-to-equity ratio of 0.21.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) last released 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). Grupo Aeroportuario del Sureste, S. A. B. de C. V. had a return on equity of 22.21% and a net margin of 40.21%. The company had revenue of $392.31 million during the quarter. Research analysts expect that Grupo Aeroportuario del Sureste, S. A. B. de C. V. will post 24.43 EPS for the current year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. SG Americas Securities LLC raised its holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 13.9% in the third quarter. SG Americas Securities LLC now owns 1,341 shares of the transportation company’s stock worth $329,000 after purchasing an additional 164 shares in the last quarter. Veracity Capital LLC increased its stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 21.7% in the 3rd quarter. Veracity Capital LLC now owns 1,263 shares of the transportation company’s stock worth $310,000 after acquiring an additional 225 shares in the last quarter. Inspire Investing LLC lifted its position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 11.3% during the 3rd quarter. Inspire Investing LLC now owns 3,821 shares of the transportation company’s stock valued at $939,000 after acquiring an additional 389 shares during the period. Matthews International Capital Management LLC boosted its stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 13.3% during the third quarter. Matthews International Capital Management LLC now owns 4,970 shares of the transportation company’s stock worth $1,221,000 after acquiring an additional 585 shares in the last quarter. Finally, Hennion & Walsh Asset Management Inc. grew its holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 29.0% in the third quarter. Hennion & Walsh Asset Management Inc. now owns 1,411 shares of the transportation company’s stock worth $347,000 after purchasing an additional 317 shares during the period. 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.