Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) Hits New 1-Year High at $334.28

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

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the stock. The Goldman Sachs Group upgraded shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a “sell” rating to a “buy” rating and raised their price objective for the stock from $274.00 to $326.00 in a research report on Friday, January 26th. StockNews.com raised shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a “hold” rating to a “buy” rating in a research report on Tuesday. Finally, Barclays lowered 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. One investment 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 MarketBeat, the company presently 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 business’s 50 day moving average price is $308.78 and its 200-day moving average price is $274.77. The company has a debt-to-equity ratio of 0.21, a quick ratio of 3.87 and a current ratio of 3.88. The firm has a market capitalization of $10.43 billion, a PE ratio of 16.44, a P/E/G ratio of 3.15 and a beta of 1.18.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) last announced its earnings results on Monday, February 26th. The transportation company reported $4.99 earnings per share (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 net margin of 40.21% and a return on equity of 22.21%. The firm had revenue of $392.31 million during the quarter. As a group, equities research analysts forecast that Grupo Aeroportuario del Sureste, S. A. B. de C. V. will post 24.43 earnings per share for the current year.

Institutional Trading of Grupo Aeroportuario del Sureste, S. A. B. de C. V.

Institutional investors and hedge funds have recently bought and sold shares of the business. Signaturefd LLC raised its stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 30.6% in the third quarter. Signaturefd LLC now owns 269 shares of the transportation company’s stock valued at $66,000 after acquiring an additional 63 shares in the last quarter. Vanguard Personalized Indexing Management LLC increased its stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 6.0% during the third quarter. Vanguard Personalized Indexing Management LLC now owns 1,157 shares of the transportation company’s stock worth $284,000 after buying an additional 65 shares during the period. Blue Trust Inc. raised 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 acquiring an additional 72 shares in the last quarter. CWM LLC lifted its stake 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 worth $35,000 after acquiring an additional 82 shares during the last quarter. Finally, QRG Capital Management Inc. lifted its stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 9.1% in the fourth quarter. QRG Capital Management Inc. now owns 981 shares of the transportation company’s stock worth $289,000 after acquiring an additional 82 shares during the last quarter. 10.57% of the stock is currently owned by hedge funds and other institutional investors.

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.