Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) Share Price Passes Above Two Hundred Day Moving Average of $270.71

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR - Get Free Report)'s stock price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $270.71 and traded as high as $311.23. Grupo Aeroportuario del Sureste, S. A. B. de C. V. shares last traded at $307.61, with a volume of 20,706 shares changing hands.

Analyst Ratings Changes

A number of research firms have weighed in on ASR. Barclays lowered 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. StockNews.com lowered shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a "buy" rating to a "hold" rating in a report on Thursday, April 4th. Finally, 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. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, Grupo Aeroportuario del Sureste, S. A. B. de C. V. currently has an average rating of "Hold" and a consensus target price of $274.00.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. Stock Down 1.5 %

The business's 50 day moving average price is $306.17 and its 200-day moving average price is $270.71. The company has a debt-to-equity ratio of 0.21, a quick ratio of 2.97 and a current ratio of 4.26. The firm has a market capitalization of $9.11 billion, a PE ratio of 15.71, a P/E/G ratio of 3.01 and a beta of 1.18.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR - Get Free Report) last posted its earnings results on Monday, February 26th. The transportation company reported $4.99 earnings per share for the quarter, missing the consensus estimate of $5.78 by ($0.79). Grupo Aeroportuario del Sureste, S. A. B. de C. V. had a net margin of 39.55% and a return on equity of 20.77%. The company 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 23.61 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 hedge funds and other institutional investors have recently bought and sold shares of ASR. Bank of New York Mellon Corp increased its position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 17.6% during the first quarter. Bank of New York Mellon Corp now owns 39,482 shares of the transportation company's stock worth $8,749,000 after acquiring an additional 5,900 shares during the period. American Century Companies Inc. grew its stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 13.5% during the 1st quarter. American Century Companies Inc. now owns 2,090 shares of the transportation company's stock worth $463,000 after purchasing an additional 248 shares in the last quarter. US Bancorp DE increased its holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 7.1% during the 1st quarter. US Bancorp DE now owns 766 shares of the transportation company's stock worth $170,000 after purchasing an additional 51 shares during the period. Bank of Montreal Can raised its position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 3.4% in the 1st quarter. Bank of Montreal Can now owns 7,059 shares of the transportation company's stock valued at $1,538,000 after purchasing an additional 230 shares in the last quarter. Finally, BlackRock Inc. boosted its stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 10.0% in the 1st quarter. BlackRock Inc. now owns 360,238 shares of the transportation company's stock valued at $79,830,000 after buying an additional 32,860 shares during the period. 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.