Grupo Aeroportuario del Sureste, S.A. de C.V. (NYSE:ASR) Given Average Rating of “Hold” by Analysts

Shares of Grupo Aeroportuario del Sureste, S.A. de C.V. (NYSE:ASR) have earned an average recommendation of “Hold” from the seven brokerages that are currently covering the company, MarketBeat reports. One investment analyst has rated the stock with a sell rating, three have issued a hold rating, two have assigned a buy rating and one has issued a strong buy rating on the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $300.00.

ASR has been the topic of several recent analyst reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Grupo Aeroportuario del Sureste in a report on Monday, April 20th. Wall Street Zen cut Grupo Aeroportuario del Sureste from a “buy” rating to a “hold” rating in a report on Sunday, March 22nd. Finally, Barclays raised Grupo Aeroportuario del Sureste from a “hold” rating to a “strong-buy” rating in a report on Tuesday, March 24th.

Grupo Aeroportuario del Sureste Stock Performance

Shares of ASR opened at $309.94 on Thursday. The stock’s 50-day simple moving average is $324.22 and its 200 day simple moving average is $327.49. The stock has a market capitalization of $9.30 billion, a price-to-earnings ratio of 17.21, a price-to-earnings-growth ratio of 3.42 and a beta of 0.49. The company has a debt-to-equity ratio of 0.58, a quick ratio of 3.01 and a current ratio of 3.03. Grupo Aeroportuario del Sureste has a 52-week low of $292.35 and a 52-week high of $381.52.

Grupo Aeroportuario del Sureste (NYSE:ASR) last issued its quarterly earnings data on Tuesday, March 31st. The transportation company reported $5.24 earnings per share (EPS) for the quarter. Grupo Aeroportuario del Sureste had a return on equity of 22.93% and a net margin of 26.32%.The business had revenue of $495.15 million for the quarter. Research analysts forecast that Grupo Aeroportuario del Sureste will post 21.09 EPS for the current fiscal year.

Grupo Aeroportuario del Sureste Dividend Announcement

The firm also recently declared a special dividend, which will be paid on Monday, June 8th. Shareholders of record on Wednesday, May 27th will be issued a $5.7572 dividend. The ex-dividend date of this dividend is Wednesday, May 27th. Grupo Aeroportuario del Sureste’s dividend payout ratio (DPR) is presently 210.05%.

Institutional Trading of Grupo Aeroportuario del Sureste

Several institutional investors and hedge funds have recently modified their holdings of ASR. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new position in shares of Grupo Aeroportuario del Sureste during the 4th quarter valued at about $35,000. State of Wyoming bought a new position in shares of Grupo Aeroportuario del Sureste during the 3rd quarter valued at about $46,000. Atlas Capital Advisors Inc. bought a new position in shares of Grupo Aeroportuario del Sureste during the 4th quarter valued at about $49,000. EverSource Wealth Advisors LLC increased its position in shares of Grupo Aeroportuario del Sureste by 766.7% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 156 shares of the transportation company’s stock valued at $50,000 after purchasing an additional 138 shares during the last quarter. Finally, Osaic Holdings Inc. increased its position in shares of Grupo Aeroportuario del Sureste by 38.2% during the 2nd quarter. Osaic Holdings Inc. now owns 181 shares of the transportation company’s stock valued at $58,000 after purchasing an additional 50 shares during the last quarter. Hedge funds and other institutional investors own 10.57% of the company’s stock.

Grupo Aeroportuario del Sureste Company Profile

Grupo Aeroportuario del Sureste, SAB. de C.V. (NYSE: ASR) is a leading airport operator in Mexico specializing in the development, operation and management of airports under long-term concession agreements. The company’s core business activities include the operation of passenger and cargo terminals, the administration of retail and service concessions, the provision of parking and ground-support services, and the implementation of security and maintenance programs.

ASR holds concession rights for nine airports across southeastern Mexico, including premier tourism hubs such as Cancún, Cozumel and Huatulco, as well as regional facilities in Mérida, Oaxaca, Veracruz and Minatitlán.