Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) Shares Up 9.3% – Still a Buy?

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR)’s share price shot up 9.3% on Friday . The stock traded as high as $278.95 and last traded at $282.66. 10,921 shares traded hands during mid-day trading, a decline of 78% from the average session volume of 48,914 shares. The stock had previously closed at $258.49.

Analyst Ratings Changes

Several research firms recently weighed in on ASR. Jefferies Financial Group dropped their target price on shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. from $321.00 to $310.00 and set a “hold” rating for the company in a report on Wednesday, February 12th. StockNews.com cut shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a “buy” rating to a “hold” rating in a research report on Thursday, November 21st.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. Price Performance

The company has a debt-to-equity ratio of 0.20, a quick ratio of 4.65 and a current ratio of 4.65. The company has a market cap of $8.47 billion, a PE ratio of 10.64, a PEG ratio of 7.16 and a beta of 1.07. The company’s 50-day simple moving average is $271.05 and its 200 day simple moving average is $270.64.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) last released its quarterly earnings data on Monday, February 24th. The transportation company reported $5.48 earnings per share (EPS) for the quarter, missing the consensus estimate of $5.54 by ($0.06). The firm had revenue of $449.41 million for the quarter, compared to analysts’ expectations of $408.15 million. Grupo Aeroportuario del Sureste, S. A. B. de C. V. had a return on equity of 26.25% and a net margin of 50.08%. On average, sell-side analysts predict that Grupo Aeroportuario del Sureste, S. A. B. de C. V. will post 23 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Grupo Aeroportuario del Sureste, S. A. B. de C. V.

Institutional investors and hedge funds have recently bought and sold shares of the stock. Headlands Technologies LLC acquired a new position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the fourth quarter valued at $61,000. Wells Fargo & Company MN grew its holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 67.5% in the fourth quarter. Wells Fargo & Company MN now owns 345 shares of the transportation company’s stock valued at $89,000 after purchasing an additional 139 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. grew its holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 41.2% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 346 shares of the transportation company’s stock valued at $91,000 after purchasing an additional 101 shares during the last quarter. Public Employees Retirement System of Ohio purchased a new stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the third quarter valued at $112,000. Finally, Quantbot Technologies LP purchased a new stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the third quarter valued at $177,000. 10.57% of the stock is owned by hedge funds and other institutional investors.

About Grupo Aeroportuario del Sureste, S. A. B. de C. V.

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.