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

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) was upgraded by equities researchers at StockNews.com from a “hold” rating to a “buy” rating in a report issued on Thursday.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. Stock Down 2.8 %

Shares of ASR opened at $258.10 on Thursday. The firm has a market capitalization of $7.74 billion, a P/E ratio of 12.20, a P/E/G ratio of 2.20 and a beta of 1.12. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a 12-month low of $165.00 and a 12-month high of $357.90. The firm has a fifty day moving average price of $288.30 and a 200-day moving average price of $308.21. The company has a current ratio of 3.97, a quick ratio of 3.97 and a debt-to-equity ratio of 0.20.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) last released its quarterly earnings data on Tuesday, July 23rd. The transportation company reported $9.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.64 by $3.96. The company had revenue of $357.51 million during the quarter. Grupo Aeroportuario del Sureste, S. A. B. de C. V. had a net margin of 49.57% and a return on equity of 25.99%. Equities research analysts expect that Grupo Aeroportuario del Sureste, S. A. B. de C. V. will post 22.89 earnings per share for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of ASR. CWM LLC increased its stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 227.8% during the fourth quarter. CWM LLC now owns 118 shares of the transportation company’s stock valued at $35,000 after buying an additional 82 shares during the period. QRG Capital Management Inc. raised its holdings in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 9.1% in the 4th quarter. QRG Capital Management Inc. now owns 981 shares of the transportation company’s stock valued at $289,000 after purchasing an additional 82 shares in the last quarter. Sequoia Financial Advisors LLC raised its holdings in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 12.0% in the 1st quarter. Sequoia Financial Advisors LLC now owns 813 shares of the transportation company’s stock valued at $259,000 after purchasing an additional 87 shares in the last quarter. Maryland State Retirement & Pension System lifted its position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 0.4% in the 1st quarter. Maryland State Retirement & Pension System now owns 21,992 shares of the transportation company’s stock worth $6,691,000 after purchasing an additional 98 shares during the period. Finally, Parallel Advisors LLC boosted its stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 116.7% during 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 in the last quarter. 10.57% of the stock is currently 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.