Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) Stock Rating Lowered by StockNews.com

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) was downgraded by equities research analysts at StockNews.com from a “buy” rating to a “hold” rating in a research report issued on Thursday.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. Trading Down 0.9 %

Shares of ASR stock opened at $263.69 on Thursday. The stock has a market capitalization of $7.91 billion, a price-to-earnings ratio of 9.94, a PEG ratio of 4.25 and a beta of 1.13. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a 1 year low of $223.63 and a 1 year high of $357.90. The company’s fifty day simple moving average is $274.68 and its two-hundred day simple moving average is $293.17. The company has a debt-to-equity ratio of 0.20, a current ratio of 4.65 and a quick ratio of 4.65.

Institutional Trading of Grupo Aeroportuario del Sureste, S. A. B. de C. V.

Institutional investors have recently modified their holdings of the company. Sei Investments Co. bought a new position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the first quarter worth about $1,945,000. O Shaughnessy Asset Management LLC boosted its holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 5.6% in the first quarter. O Shaughnessy Asset Management LLC now owns 7,690 shares of the transportation company’s stock worth $2,451,000 after purchasing an additional 406 shares during the last quarter. CANADA LIFE ASSURANCE Co boosted its holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 7.3% in the first quarter. CANADA LIFE ASSURANCE Co now owns 14,713 shares of the transportation company’s stock worth $4,689,000 after purchasing an additional 1,007 shares during the last quarter. Advisors Asset Management Inc. boosted its holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 48.5% in the first quarter. Advisors Asset Management Inc. now owns 3,324 shares of the transportation company’s stock worth $1,059,000 after purchasing an additional 1,085 shares during the last quarter. Finally, SG Americas Securities LLC boosted its stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 31.3% during the 2nd quarter. SG Americas Securities LLC now owns 1,967 shares of the transportation company’s stock worth $589,000 after acquiring an additional 469 shares during the last quarter. 10.57% of the stock is currently 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.