Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) Upgraded at StockNews.com

StockNews.com upgraded shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) from a hold rating to a buy rating in a research note published on Tuesday.

A number of other research firms have also issued reports on ASR. 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 research report on Wednesday, March 13th. 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 raised their price target for the stock from $274.00 to $326.00 in a research report on Friday, January 26th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat, Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a consensus rating of Moderate Buy and an average target price of $274.00.

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

Shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. stock opened at $347.71 on Tuesday. The firm has a market capitalization of $10.43 billion, a P/E ratio of 16.44, a PEG ratio of 3.15 and a beta of 1.18. The company has a quick ratio of 3.87, a current ratio of 3.88 and a debt-to-equity ratio of 0.21. The company has a 50 day moving average price of $308.78 and a 200 day moving average price of $274.77. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a 52 week low of $165.00 and a 52 week high of $347.81.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) last announced its quarterly earnings data on Monday, February 26th. The transportation company reported $4.99 EPS for the quarter, missing the consensus estimate 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 40.21% and a return on equity of 22.21%. Sell-side analysts expect that Grupo Aeroportuario del Sureste, S. A. B. de C. V. will post 24.43 EPS for the current year.

Hedge Funds Weigh In On Grupo Aeroportuario del Sureste, S. A. B. de C. V.

Several institutional investors have recently made changes to their positions in ASR. Hsbc Holdings PLC increased its holdings in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 116.7% during the 4th quarter. Hsbc Holdings PLC now owns 92,230 shares of the transportation company’s stock valued at $27,134,000 after purchasing an additional 49,668 shares in the last quarter. Canada Pension Plan Investment Board increased its holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 169.8% in the 3rd quarter. Canada Pension Plan Investment Board now owns 28,600 shares of the transportation company’s stock worth $7,027,000 after acquiring an additional 18,000 shares in the last quarter. Alberta Investment Management Corp increased its holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 83.5% in the 4th quarter. Alberta Investment Management Corp now owns 37,894 shares of the transportation company’s stock worth $11,151,000 after acquiring an additional 17,244 shares in the last quarter. Itau Unibanco Holding S.A. increased its holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 34.5% in the 3rd quarter. Itau Unibanco Holding S.A. now owns 59,505 shares of the transportation company’s stock worth $14,621,000 after acquiring an additional 15,268 shares in the last quarter. Finally, Healthcare of Ontario Pension Plan Trust Fund increased its holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 24.9% in the 3rd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 50,100 shares of the transportation company’s stock worth $12,310,000 after acquiring an additional 10,000 shares in the last quarter. 10.57% of the stock is owned by hedge funds and other institutional investors.

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.