Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) Given Consensus Recommendation of “Hold” by Analysts
Shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR – Get Free Report) have earned a consensus recommendation of “Hold” from the six ratings firms that are presently covering the firm, Marketbeat reports. Two analysts have rated the stock with a sell recommendation and four have assigned a buy recommendation to the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $238.50.
Several brokerages recently commented on ASR. Citigroup cut shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a “neutral” rating to a “sell” rating and reduced their price objective for the company from $228.00 to $222.00 in a research note on Tuesday, November 28th. Scotiabank raised shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a “sector perform” rating to a “sector outperform” rating in a research note on Tuesday, October 24th. JPMorgan Chase & Co. raised shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a “neutral” rating to an “overweight” rating in a research note on Thursday, August 31st. Bank of America raised shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. from an “underperform” rating to a “buy” rating in a research note on Thursday. Finally, StockNews.com initiated coverage on shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. in a research report on Thursday, October 5th. They set a “hold” rating for the company.
View Our Latest Stock Analysis on ASR
Institutional Investors Weigh In On Grupo Aeroportuario del Sureste, S. A. B. de C. V.
A number of hedge funds have recently made changes to their positions in the business. Tower Research Capital LLC TRC raised its holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 259.2% during the 1st quarter. Tower Research Capital LLC TRC now owns 510 shares of the transportation company’s stock valued at $156,000 after buying an additional 368 shares during the last quarter. Voss Capital LLC bought a new stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the 1st quarter valued at $1,700,000. BNP Paribas Arbitrage SNC raised its holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 420.5% during the 2nd quarter. BNP Paribas Arbitrage SNC now owns 33,387 shares of the transportation company’s stock valued at $9,271,000 after buying an additional 26,972 shares during the last quarter. ProShare Advisors LLC bought a new stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the 1st quarter valued at $743,000. Finally, Private Advisor Group LLC bought a new stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the 1st quarter valued at $1,478,000. 13.05% of the stock is currently owned by institutional investors.
Grupo Aeroportuario del Sureste, S. A. B. de C. V. Price Performance
ASR opened at $294.78 on Friday. The company has a market capitalization of $8.84 billion, a price-to-earnings ratio of 15.57, a PEG ratio of 2.57 and a beta of 1.05. The company has a quick ratio of 2.97, a current ratio of 2.97 and a debt-to-equity ratio of 0.23. The firm has a 50-day moving average price of $226.45 and a 200-day moving average price of $256.24. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a twelve month low of $165.00 and a twelve month high of $314.48.
Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR – Get Free Report) last posted its earnings results on Monday, October 23rd. The transportation company reported $5.19 earnings per share for the quarter, missing the consensus estimate of $5.75 by ($0.56). The business had revenue of $371.57 million during the quarter. Grupo Aeroportuario del Sureste, S. A. B. de C. V. had a return on equity of 21.15% and a net margin of 39.16%. Equities analysts expect that Grupo Aeroportuario del Sureste, S. A. B. de C. V. will post 20.34 EPS for the current year.
Grupo Aeroportuario del Sureste, S. A. B. de C. V. Increases Dividend
The firm also recently disclosed an annual dividend, which was paid on Monday, December 11th. Stockholders of record on Tuesday, November 28th were issued a $5.7115 dividend. This represents a dividend yield of 2.4%. This is a positive change from Grupo Aeroportuario del Sureste, S. A. B. de C. V.’s previous annual dividend of $5.65. The ex-dividend date of this dividend was Monday, November 27th. Grupo Aeroportuario del Sureste, S. A. B. de C. V.’s payout ratio is presently 26.84%.
About Grupo Aeroportuario del Sureste, S. A. B. de C. V. (Get Free Report
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.
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