Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) Reaches New 52-Week High at $357.80

Shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR - Get Free Report) reached a new 52-week high during trading on Monday . The stock traded as high as $357.80 and last traded at $357.08, with a volume of 3173 shares changing hands. The stock had previously closed at $354.35.

Analyst Ratings Changes

Several brokerages have issued reports on ASR. 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 raised their price objective for the stock from $274.00 to $326.00 in a research report on Friday, January 26th. StockNews.com raised Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a "hold" rating to a "buy" rating in a report on Tuesday, April 23rd. Finally, Barclays downgraded Grupo Aeroportuario del Sureste, S. A. B. de C. V. from an "overweight" rating to an "equal weight" rating in a research note on Wednesday, March 13th. 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 stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $274.00.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. Trading Up 0.7 %

The business has a 50 day moving average of $310.86 and a 200-day moving average of $277.54. The stock has a market cap of $10.70 billion, a PE ratio of 16.87, a price-to-earnings-growth ratio of 3.30 and a beta of 1.18. The company has a current ratio of 3.88, a quick ratio of 3.87 and a debt-to-equity ratio of 0.21.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR - Get Free Report) last issued its quarterly earnings data on Monday, February 26th. The transportation company reported $4.99 earnings per share (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 net margin of 40.21% and a return on equity of 22.21%. On average, analysts anticipate that Grupo Aeroportuario del Sureste, S. A. B. de C. V. will post 24.43 EPS for the current year.

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

Hedge funds have recently bought and sold shares of the company. CWM LLC raised its holdings 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 valued at $35,000 after buying an additional 82 shares during the period. Blue Trust Inc. lifted its holdings in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 62.6% during the 4th 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. Parallel Advisors LLC boosted its position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 116.7% during the 4th quarter. Parallel Advisors LLC now owns 221 shares of the transportation company's stock worth $65,000 after purchasing an additional 119 shares during the period. Signaturefd LLC increased its holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 30.6% in the 3rd quarter. Signaturefd LLC now owns 269 shares of the transportation company's stock valued at $66,000 after purchasing an additional 63 shares in the last quarter. Finally, Sequoia Financial Advisors LLC purchased a new position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the fourth quarter valued at about $214,000. Institutional investors and hedge funds own 10.57% of the company's stock.

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.