Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) Hits New 52-Week High at $334.28

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) shares hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $334.28 and last traded at $334.05, with a volume of 29267 shares trading hands. The stock had previously closed at $315.26.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on ASR. Barclays lowered 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. 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 upped their price target for the stock from $274.00 to $326.00 in a research note on Friday, January 26th. Finally, StockNews.com upgraded shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a “hold” rating to a “buy” rating in a research note on Tuesday. One research analyst has rated the stock with a sell rating, one has issued a hold rating and five have issued a buy rating to the company. According to data from MarketBeat.com, the stock 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 Up 2.2 %

The company has a current ratio of 3.88, a quick ratio of 3.87 and a debt-to-equity ratio of 0.21. The firm has a market capitalization of $10.43 billion, a price-to-earnings ratio of 16.44, a PEG ratio of 3.15 and a beta of 1.18. The stock has a fifty day moving average of $308.78 and a 200-day moving average of $274.77.

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 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 firm had revenue of $392.31 million during the quarter. As a group, sell-side analysts expect that Grupo Aeroportuario del Sureste, S. A. B. de C. V. will post 24.43 EPS for the current year.

Institutional Investors Weigh In On Grupo Aeroportuario del Sureste, S. A. B. de C. V.

A number of institutional investors have recently bought and sold shares of the business. CWM LLC lifted its position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 227.8% in the 4th quarter. CWM LLC now owns 118 shares of the transportation company’s stock worth $35,000 after buying an additional 82 shares in the last quarter. Blue Trust Inc. increased its stake in shares of 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 worth $55,000 after acquiring an additional 72 shares during the last quarter. Parallel Advisors LLC increased its stake in shares of 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 worth $65,000 after acquiring an additional 119 shares during the last quarter. Signaturefd LLC raised its holdings in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 30.6% during the third quarter. Signaturefd LLC now owns 269 shares of the transportation company’s stock worth $66,000 after acquiring an additional 63 shares in the last quarter. Finally, Sequoia Financial Advisors LLC acquired a new stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the fourth quarter valued at $214,000. 10.57% of the stock is currently owned by institutional investors and hedge funds.

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.