Grupo Aeroportuario del Sureste, S.A. de C.V. (NYSE:ASR) Given Average Rating of “Moderate Buy” by Analysts

Shares of Grupo Aeroportuario del Sureste, S.A. de C.V. (NYSE:ASR) have been given an average rating of “Moderate Buy” by the eight brokerages that are currently covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell rating, three have assigned a hold rating, three have assigned a buy rating and one has issued a strong buy rating on the company. The average twelve-month target price among analysts that have covered the stock in the last year is $300.00.

Several analysts recently issued reports on ASR shares. Barclays raised Grupo Aeroportuario del Sureste from a “hold” rating to a “strong-buy” rating in a report on Tuesday, March 24th. UBS Group raised Grupo Aeroportuario del Sureste from a “neutral” rating to a “buy” rating in a research report on Thursday. Wall Street Zen cut Grupo Aeroportuario del Sureste from a “buy” rating to a “hold” rating in a research note on Sunday, March 22nd. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Grupo Aeroportuario del Sureste in a report on Monday, April 20th.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of ASR. Deutsche Bank AG raised its holdings in shares of Grupo Aeroportuario del Sureste by 90.6% during the fourth quarter. Deutsche Bank AG now owns 187,759 shares of the transportation company’s stock valued at $60,721,000 after buying an additional 89,239 shares during the last quarter. Morgan Stanley grew its holdings in Grupo Aeroportuario del Sureste by 20.4% in the 4th quarter. Morgan Stanley now owns 184,883 shares of the transportation company’s stock worth $59,792,000 after buying an additional 31,298 shares in the last quarter. State Street Corp increased its position in Grupo Aeroportuario del Sureste by 3.2% in the 4th quarter. State Street Corp now owns 171,848 shares of the transportation company’s stock valued at $55,576,000 after acquiring an additional 5,338 shares during the period. Price T Rowe Associates Inc. MD increased its position in Grupo Aeroportuario del Sureste by 2.1% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 103,379 shares of the transportation company’s stock valued at $33,433,000 after acquiring an additional 2,134 shares during the period. Finally, Schroder Investment Management Group bought a new stake in Grupo Aeroportuario del Sureste during the 3rd quarter valued at $33,173,000. Institutional investors own 10.57% of the company’s stock.

Grupo Aeroportuario del Sureste Price Performance

Shares of NYSE:ASR opened at $307.78 on Monday. The company has a market cap of $9.23 billion, a PE ratio of 17.09, a P/E/G ratio of 2.53 and a beta of 0.47. Grupo Aeroportuario del Sureste has a fifty-two week low of $275.00 and a fifty-two week high of $381.52. The firm has a 50-day simple moving average of $308.72 and a 200 day simple moving average of $326.61. The company has a quick ratio of 3.39, a current ratio of 3.39 and a debt-to-equity ratio of 0.54.

Grupo Aeroportuario del Sureste (NYSE:ASR) last issued its earnings results on Tuesday, March 31st. The transportation company reported $5.24 earnings per share (EPS) for the quarter. The firm had revenue of $495.15 million for the quarter. Grupo Aeroportuario del Sureste had a net margin of 26.32% and a return on equity of 21.77%. On average, sell-side analysts anticipate that Grupo Aeroportuario del Sureste will post 21 EPS for the current year.

Grupo Aeroportuario del Sureste Dividend Announcement

The company also recently disclosed a special dividend, which was paid on Monday, June 8th. Investors of record on Wednesday, May 27th were given a $5.7572 dividend. The ex-dividend date was Wednesday, May 27th. Grupo Aeroportuario del Sureste’s dividend payout ratio (DPR) is currently 110.22%.

Grupo Aeroportuario del Sureste Company Profile

Grupo Aeroportuario del Sureste, SAB. de C.V. (NYSE: ASR) is a leading airport operator in Mexico specializing in the development, operation and management of airports under long-term concession agreements. The company’s core business activities include the operation of passenger and cargo terminals, the administration of retail and service concessions, the provision of parking and ground-support services, and the implementation of security and maintenance programs.

ASR holds concession rights for nine airports across southeastern Mexico, including premier tourism hubs such as Cancún, Cozumel and Huatulco, as well as regional facilities in Mérida, Oaxaca, Veracruz and Minatitlán.