Grupo Aeroportuario del Sureste, S.A. de C.V. (NYSE:ASR) was downgraded by stock analysts at BidaskClub from a “strong-buy” rating to a “buy” rating in a research note issued to investors on Monday, July 24th.
A number of other analysts have also recently weighed in on the stock. UBS AG cut shares of Grupo Aeroportuario del Sureste, S.A. de C.V. from an “outperform” rating to a “market perform” rating in a research note on Tuesday, June 6th. Morgan Stanley cut shares of Grupo Aeroportuario del Sureste, S.A. de C.V. from an “overweight” rating to an “equal weight” rating in a research note on Tuesday, May 30th. J P Morgan Chase & Co downgraded shares of Grupo Aeroportuario del Sureste, S.A. de C.V. from a “neutral” rating to an “underweight” rating in a research report on Friday, May 12th. Finally, Zacks Investment Research upgraded shares of Grupo Aeroportuario del Sureste, S.A. de C.V. from a “hold” rating to a “strong-buy” rating and set a $216.00 price objective for the company in a research report on Tuesday, April 25th. One research analyst has rated the stock with a sell rating, five have issued a hold rating, one has given a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $183.50.
Grupo Aeroportuario del Sureste, S.A. de C.V. (NYSE:ASR) opened at 210.20 on Monday. Grupo Aeroportuario del Sureste, S.A. de C.V. has a one year low of $131.72 and a one year high of $229.45. The stock has a market cap of $63.06 billion, a PE ratio of 256.34 and a beta of 0.55. The company’s 50 day moving average is $212.27 and its 200 day moving average is $183.37.
Grupo Aeroportuario del Sureste, S.A. de C.V. (NYSE:ASR) last issued its quarterly earnings results on Thursday, July 20th. The transportation company reported $2.03 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.93 by $0.10. The firm had revenue of $158.17 million during the quarter. Grupo Aeroportuario del Sureste, S.A. de C.V. had a net margin of 39.61% and a return on equity of 18.02%. On average, equities research analysts expect that Grupo Aeroportuario del Sureste, S.A. de C.V. will post $8.21 EPS for the current year.
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A number of institutional investors have recently made changes to their positions in the company. William Blair Investment Management LLC increased its position in shares of Grupo Aeroportuario del Sureste, S.A. de C.V. by 14.0% in the second quarter. William Blair Investment Management LLC now owns 231,811 shares of the transportation company’s stock worth $48,773,000 after buying an additional 28,401 shares during the last quarter. BNP Paribas Arbitrage SA increased its position in shares of Grupo Aeroportuario del Sureste, S.A. de C.V. by 2.7% in the second quarter. BNP Paribas Arbitrage SA now owns 12,362 shares of the transportation company’s stock worth $2,601,000 after buying an additional 326 shares during the last quarter. DekaBank Deutsche Girozentrale purchased a new position in shares of Grupo Aeroportuario del Sureste, S.A. de C.V. during the second quarter worth approximately $305,000. Wetherby Asset Management Inc. purchased a new position in shares of Grupo Aeroportuario del Sureste, S.A. de C.V. during the second quarter worth approximately $252,000. Finally, Moody Lynn & Lieberson LLC increased its position in shares of Grupo Aeroportuario del Sureste, S.A. de C.V. by 3.3% in the second quarter. Moody Lynn & Lieberson LLC now owns 2,706 shares of the transportation company’s stock worth $569,000 after buying an additional 87 shares in the last quarter. Institutional investors own 33.15% of the company’s stock.
About Grupo Aeroportuario del Sureste, S.A. de C.V.
Grupo Aeroportuario del Sureste SAB de CV (ASUR) is a Mexico-based holding company. It and its subsidiaries hold concessions to operate, maintain and develop approximately nine airports in the southeast region of Mexico, as well as over 10 airports in Colombia. The Company operates through segments, including Cancun airport and subsidiaries (Cancun), the Villahermosa Airport (Villahermosa), the Merida airport (Merida) and Services.
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