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 assigned a consensus rating of “Moderate Buy” from the eight ratings firms that are currently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, three have issued a hold recommendation, three have given a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $300.00.

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

Grupo Aeroportuario del Sureste Stock Performance

Shares of ASR opened at $307.78 on Monday. The company has a debt-to-equity ratio of 0.54, a current ratio of 3.39 and a quick ratio of 3.39. Grupo Aeroportuario del Sureste has a one year low of $275.00 and a one year high of $381.52. The company has a 50-day simple moving average of $308.72 and a two-hundred day simple moving average of $326.44. The firm has a market capitalization of $9.23 billion, a PE ratio of 17.09, a price-to-earnings-growth ratio of 2.53 and a beta of 0.47.

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

Grupo Aeroportuario del Sureste Announces Dividend

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

Hedge Funds Weigh In On Grupo Aeroportuario del Sureste

Institutional investors and hedge funds have recently made changes to their positions in the business. Schroder Investment Management Group bought a new position in shares of Grupo Aeroportuario del Sureste during the third quarter valued at approximately $33,173,000. Aberdeen Group plc bought a new position in shares of Grupo Aeroportuario del Sureste during the fourth quarter valued at approximately $2,938,000. LRT Capital Management LLC increased its stake in shares of Grupo Aeroportuario del Sureste by 117.7% during the third quarter. LRT Capital Management LLC now owns 6,079 shares of the transportation company’s stock valued at $1,965,000 after purchasing an additional 3,287 shares in the last quarter. SG Americas Securities LLC increased its stake in shares of Grupo Aeroportuario del Sureste by 480.7% during the fourth quarter. SG Americas Securities LLC now owns 7,514 shares of the transportation company’s stock valued at $2,430,000 after purchasing an additional 6,220 shares in the last quarter. Finally, Robeco Institutional Asset Management B.V. increased its position in shares of Grupo Aeroportuario del Sureste by 9.4% during the fourth quarter. Robeco Institutional Asset Management B.V. now owns 87,258 shares of the transportation company’s stock valued at $28,219,000 after acquiring an additional 7,504 shares in the last quarter. Institutional investors own 10.57% of the company’s stock.

About Grupo Aeroportuario del Sureste

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.