Analysts Set Grupo Aeroportuario del Sureste, S.A. de C.V. (NYSE:ASR) PT at $305.00

Shares of Grupo Aeroportuario del Sureste, S.A. de C.V. (NYSE:ASR) have received a consensus recommendation of “Hold” from the seven research firms that are presently covering the company, Marketbeat reports. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and two have assigned a buy rating to the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is $305.00.

Several research firms have commented on ASR. JPMorgan Chase & Co. restated a “neutral” rating on shares of Grupo Aeroportuario del Sureste in a report on Friday, November 14th. Weiss Ratings restated a “hold (c)” rating on shares of Grupo Aeroportuario del Sureste in a research note on Wednesday, October 8th. Citigroup restated a “buy” rating on shares of Grupo Aeroportuario del Sureste in a report on Wednesday, September 10th. Scotiabank raised shares of Grupo Aeroportuario del Sureste from a “sector perform” rating to a “sector outperform” rating in a research note on Thursday, December 4th. Finally, Morgan Stanley downgraded shares of Grupo Aeroportuario del Sureste from an “equal weight” rating to an “underweight” rating and set a $300.00 target price on the stock. in a research report on Monday, November 10th.

Institutional Trading of Grupo Aeroportuario del Sureste

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. American Century Companies Inc. grew its position in Grupo Aeroportuario del Sureste by 5.7% during the 1st quarter. American Century Companies Inc. now owns 24,064 shares of the transportation company’s stock worth $6,589,000 after purchasing an additional 1,307 shares during the last quarter. Canada Pension Plan Investment Board increased its holdings in Grupo Aeroportuario del Sureste by 41.2% in the 1st quarter. Canada Pension Plan Investment Board now owns 43,360 shares of the transportation company’s stock worth $11,873,000 after buying an additional 12,660 shares during the period. Royal Bank of Canada raised its position in Grupo Aeroportuario del Sureste by 6.3% during the 1st quarter. Royal Bank of Canada now owns 3,952 shares of the transportation company’s stock worth $1,083,000 after buying an additional 235 shares during the last quarter. AQR Capital Management LLC lifted its stake in Grupo Aeroportuario del Sureste by 126.2% during the 1st quarter. AQR Capital Management LLC now owns 309,500 shares of the transportation company’s stock valued at $84,339,000 after acquiring an additional 172,654 shares during the period. Finally, Parallel Advisors LLC boosted its holdings in shares of Grupo Aeroportuario del Sureste by 26.1% in the 2nd quarter. Parallel Advisors LLC now owns 324 shares of the transportation company’s stock valued at $103,000 after acquiring an additional 67 shares during the last quarter. Institutional investors own 10.57% of the company’s stock.

Grupo Aeroportuario del Sureste Trading Down 0.3%

Shares of ASR opened at $330.36 on Monday. The firm has a market capitalization of $9.91 billion, a price-to-earnings ratio of 17.52 and a beta of 0.59. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.69 and a quick ratio of 2.69. Grupo Aeroportuario del Sureste has a 1-year low of $249.21 and a 1-year high of $360.00. The company has a 50-day moving average of $306.81 and a 200 day moving average of $314.82.

Grupo Aeroportuario del Sureste (NYSE:ASR) last issued its earnings results on Wednesday, October 22nd. The transportation company reported $3.84 EPS for the quarter, missing analysts’ consensus estimates of $5.26 by ($1.42). Grupo Aeroportuario del Sureste had a return on equity of 20.67% and a net margin of 31.96%.The company had revenue of $478.54 million for the quarter, compared to analysts’ expectations of $502.91 million. On average, research analysts expect that Grupo Aeroportuario del Sureste will post 23 EPS for the current year.

Grupo Aeroportuario del Sureste Dividend Announcement

The firm also recently disclosed an annual dividend, which was paid on Monday, December 8th. Investors of record on Wednesday, November 26th were issued a dividend of $8.1473 per share. This represents a yield of 271.0%. The ex-dividend date of this dividend was Wednesday, November 26th. Grupo Aeroportuario del Sureste’s dividend payout ratio (DPR) is presently 200.53%.

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.