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

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

Analyst Ratings Changes

Several equities analysts recently issued reports on ASR shares. The Goldman Sachs Group upgraded 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 company from $274.00 to $326.00 in a report on Friday, January 26th. 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. Finally, StockNews.com lowered Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a “buy” rating to a “hold” rating in a research report on Thursday, April 4th. One analyst has rated the stock with a sell rating, two have issued a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $274.00.

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

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 business has a 50-day simple moving average of $306.12 and a 200 day simple moving average of $272.90. The stock has a market cap of $10.21 billion, a P/E ratio of 17.07, a price-to-earnings-growth ratio of 2.93 and a beta of 1.18.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) last issued 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 return on equity of 20.77% and a net margin of 39.55%. On average, analysts forecast that Grupo Aeroportuario del Sureste, S. A. B. de C. V. will post 23.89 earnings per share for the current year.

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

A number of large investors have recently made changes to their positions in the stock. Hsbc Holdings PLC raised its position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 116.7% in the fourth quarter. Hsbc Holdings PLC now owns 92,230 shares of the transportation company’s stock worth $27,134,000 after buying an additional 49,668 shares in the last quarter. Canada Pension Plan Investment Board raised its position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 169.8% in the third quarter. Canada Pension Plan Investment Board now owns 28,600 shares of the transportation company’s stock worth $7,027,000 after buying an additional 18,000 shares in the last quarter. Alberta Investment Management Corp lifted its stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 83.5% during the fourth quarter. Alberta Investment Management Corp now owns 37,894 shares of the transportation company’s stock worth $11,151,000 after purchasing an additional 17,244 shares during the last quarter. Itau Unibanco Holding S.A. lifted its stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 34.5% during the third quarter. Itau Unibanco Holding S.A. now owns 59,505 shares of the transportation company’s stock worth $14,621,000 after purchasing an additional 15,268 shares during the last quarter. Finally, Healthcare of Ontario Pension Plan Trust Fund lifted its stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 24.9% during the third quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 50,100 shares of the transportation company’s stock worth $12,310,000 after purchasing an additional 10,000 shares during the last quarter. 10.57% of the stock is owned by 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.