Shares of Grupo Aeroportuario del Sureste, S.A. de C.V. (NYSE:ASR – Get Free Report) have been assigned an average recommendation of “Hold” from the seven research firms that are covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell rating, three have assigned a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is $300.00.
A number of brokerages have recently commented on ASR. Weiss Ratings reiterated a “hold (c)” rating on shares of Grupo Aeroportuario del Sureste in a research note on Monday, April 20th. Wall Street Zen lowered Grupo Aeroportuario del Sureste from a “buy” rating to a “hold” rating in a research note on Sunday, March 22nd. Finally, Barclays upgraded Grupo Aeroportuario del Sureste from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, March 24th.
View Our Latest Stock Report on Grupo Aeroportuario del Sureste
Grupo Aeroportuario del Sureste Stock Down 1.5%
Grupo Aeroportuario del Sureste (NYSE:ASR – Get Free Report) last released 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 return on equity of 21.77% and a net margin of 26.32%. On average, research analysts expect that Grupo Aeroportuario del Sureste will post 21 earnings per share for the current fiscal year.
Grupo Aeroportuario del Sureste Dividend Announcement
The business also recently declared a special dividend, which will be paid on Monday, June 8th. Investors of record on Wednesday, May 27th will be paid a $5.7572 dividend. The ex-dividend date of this dividend is Wednesday, May 27th. Grupo Aeroportuario del Sureste’s dividend payout ratio (DPR) is currently 210.05%.
Hedge Funds Weigh In On Grupo Aeroportuario del Sureste
A number of institutional investors and hedge funds have recently added to or reduced their stakes in ASR. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new position in Grupo Aeroportuario del Sureste during the fourth quarter worth about $35,000. State of Wyoming purchased a new position in Grupo Aeroportuario del Sureste during the third quarter worth about $46,000. Atlas Capital Advisors Inc. purchased a new position in Grupo Aeroportuario del Sureste during the fourth quarter worth about $49,000. EverSource Wealth Advisors LLC raised its stake in Grupo Aeroportuario del Sureste by 766.7% during the second quarter. EverSource Wealth Advisors LLC now owns 156 shares of the transportation company’s stock worth $50,000 after purchasing an additional 138 shares during the period. Finally, Osaic Holdings Inc. raised its stake in Grupo Aeroportuario del Sureste by 38.2% during the second quarter. Osaic Holdings Inc. now owns 181 shares of the transportation company’s stock worth $58,000 after purchasing an additional 50 shares during the period. Institutional investors and hedge funds 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.
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