Zacks Investment Research lowered shares of Grupo Aeroportuario dl Srst SAB CV (NYSE:ASR) from a hold rating to a sell rating in a research report report published on Monday morning.

According to Zacks, “Grupo Aeroportuario del Sureste is a Mexican airport operator with concessions to operate, maintain and develop the airports of Cancun, Merida, Cozumel, Villahermosa, Oaxaca, Veracruz, Huatulco, Tapachula and Minatitlan in the southeast of Mexico. “

Several other analysts also recently weighed in on ASR. ValuEngine downgraded Grupo Aeroportuario dl Srst SAB CV from a sell rating to a strong sell rating in a research report on Friday, June 15th. UBS Group started coverage on Grupo Aeroportuario dl Srst SAB CV in a report on Monday, August 27th. They issued a buy rating for the company. Finally, Bank of America started coverage on Grupo Aeroportuario dl Srst SAB CV in a report on Tuesday, August 28th. They issued a buy rating and a $218.00 price objective for the company. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the stock. The company presently has an average rating of Hold and an average target price of $218.00.

NYSE:ASR opened at $203.29 on Monday. Grupo Aeroportuario dl Srst SAB CV has a twelve month low of $152.40 and a twelve month high of $212.70. The firm has a market cap of $5.54 billion, a PE ratio of 20.32 and a beta of 0.65. The company has a quick ratio of 2.11, a current ratio of 2.11 and a debt-to-equity ratio of 0.47.

Grupo Aeroportuario dl Srst SAB CV (NYSE:ASR) last released its earnings results on Monday, July 23rd. The transportation company reported $1.84 earnings per share for the quarter, topping the consensus estimate of $1.46 by $0.38. Grupo Aeroportuario dl Srst SAB CV had a return on equity of 18.17% and a net margin of 39.66%. The business had revenue of $197.42 million during the quarter, compared to the consensus estimate of $189.89 million. sell-side analysts anticipate that Grupo Aeroportuario dl Srst SAB CV will post 7.95 earnings per share for the current year.

Several hedge funds have recently added to or reduced their stakes in the stock. Northern Trust Corp raised its holdings in shares of Grupo Aeroportuario dl Srst SAB CV by 4.4% in the second quarter. Northern Trust Corp now owns 41,892 shares of the transportation company’s stock valued at $6,667,000 after acquiring an additional 1,767 shares in the last quarter. Schroder Investment Management Group raised its holdings in shares of Grupo Aeroportuario dl Srst SAB CV by 86.2% in the second quarter. Schroder Investment Management Group now owns 45,800 shares of the transportation company’s stock valued at $7,269,000 after acquiring an additional 21,200 shares in the last quarter. Millennium Management LLC bought a new stake in shares of Grupo Aeroportuario dl Srst SAB CV in the second quarter valued at about $4,268,000. Bank of America Corp DE raised its holdings in shares of Grupo Aeroportuario dl Srst SAB CV by 89.2% in the second quarter. Bank of America Corp DE now owns 39,154 shares of the transportation company’s stock valued at $6,231,000 after acquiring an additional 18,461 shares in the last quarter. Finally, Capital Fund Management S.A. bought a new stake in shares of Grupo Aeroportuario dl Srst SAB CV in the second quarter valued at about $446,000. Hedge funds and other institutional investors own 19.35% of the company’s stock.

About Grupo Aeroportuario dl Srst SAB CV

Grupo Aeroportuario del Sureste, S. A. B. de C. V. holds concessions to operate, maintain, and develop airports in the southeast region of Mexico. It operates nine airports that are located in the cities of Cancún, Cozumel, Mérida, Huatulco, Oaxaca, Veracruz, Villahermosa, Tapachula, and Minatitlan. The company provides aeronautical services, which include passenger, aircraft landing and parking, passenger walkway, and airport security services.

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