Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) Stock Price Passes Above 200-Day Moving Average of $270.71

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $270.71 and traded as high as $311.23. Grupo Aeroportuario del Sureste, S. A. B. de C. V. shares last traded at $307.61, with a volume of 20,706 shares.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on ASR. The Goldman Sachs Group upgraded Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a “sell” rating to a “buy” rating and upped their target price for the stock from $274.00 to $326.00 in a research note on Friday, January 26th. StockNews.com cut Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a “buy” rating to a “hold” rating in a research note on Thursday, April 4th. Finally, Barclays cut Grupo Aeroportuario del Sureste, S. A. B. de C. V. from an “overweight” rating to an “equal weight” rating in a research note on Wednesday, March 13th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $274.00.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. Stock Down 1.6 %

The company has a market capitalization of $9.23 billion, a P/E ratio of 15.71, a PEG ratio of 3.05 and a beta of 1.18. The stock has a 50 day moving average price of $306.17 and a 200 day moving average price of $270.71. The company has a current ratio of 4.26, a quick ratio of 2.97 and a debt-to-equity ratio of 0.21.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) last posted its quarterly earnings data on Monday, February 26th. The transportation company reported $4.99 earnings per share 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, research analysts anticipate 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 institutional investors and hedge funds have recently bought and sold shares of ASR. CWM LLC increased its holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 227.8% in the fourth quarter. CWM LLC now owns 118 shares of the transportation company’s stock valued at $35,000 after purchasing an additional 82 shares during the period. Blue Trust Inc. increased its holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 62.6% in the fourth quarter. Blue Trust Inc. now owns 187 shares of the transportation company’s stock valued at $55,000 after purchasing an additional 72 shares during the period. Parallel Advisors LLC increased its holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 116.7% in the fourth quarter. Parallel Advisors LLC now owns 221 shares of the transportation company’s stock valued at $65,000 after purchasing an additional 119 shares during the period. Signaturefd LLC grew its holdings in 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 acquiring an additional 63 shares during the period. Finally, Atlas Capital Advisors LLC grew its holdings in 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 acquiring an additional 43 shares during the period. 10.57% of the stock is currently owned by institutional investors and hedge funds.

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.