Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) Cut to Hold at StockNews.com

StockNews.com lowered shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) from a buy rating to a hold rating in a research note published on Thursday.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. Stock Down 0.4 %

Shares of ASR opened at $264.90 on Thursday. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a 52 week low of $223.63 and a 52 week high of $357.90. The firm has a market cap of $7.95 billion, a P/E ratio of 9.98, a price-to-earnings-growth ratio of 4.15 and a beta of 1.13. The firm’s 50-day simple moving average is $274.68 and its 200 day simple moving average is $292.51. The company has a debt-to-equity ratio of 0.20, a quick ratio of 4.65 and a current ratio of 4.65.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the business. Blue Trust Inc. grew its position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 64.7% during the 2nd quarter. Blue Trust Inc. now owns 313 shares of the transportation company’s stock worth $100,000 after purchasing an additional 123 shares in the last quarter. Public Employees Retirement System of Ohio acquired a new position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the 3rd quarter worth approximately $112,000. Quantbot Technologies LP acquired a new position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the 3rd quarter worth approximately $177,000. Malaga Cove Capital LLC acquired a new position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the 3rd quarter worth approximately $209,000. Finally, HighTower Advisors LLC grew its position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 5.4% during the 3rd quarter. HighTower Advisors LLC now owns 1,004 shares of the transportation company’s stock worth $285,000 after purchasing an additional 51 shares in the last quarter. Institutional investors and hedge funds own 10.57% of the company’s stock.

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.