JPMorgan Chase & Co. Sells 17,314 Shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR)

JPMorgan Chase & Co. decreased its stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) by 6.7% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 243,020 shares of the transportation company’s stock after selling 17,314 shares during the quarter. JPMorgan Chase & Co. owned about 0.81% of Grupo Aeroportuario del Sureste, S. A. B. de C. V. worth $68,716,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the company. HighTower Advisors LLC boosted its holdings 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 valued at $285,000 after acquiring an additional 51 shares during the last quarter. Vanguard Personalized Indexing Management LLC grew its position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 10.8% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 1,697 shares of the transportation company’s stock valued at $504,000 after buying an additional 166 shares during the period. Creative Planning raised its position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 7.2% in the second quarter. Creative Planning now owns 3,509 shares of the transportation company’s stock worth $1,051,000 after acquiring an additional 235 shares during the period. ABS Direct Equity Fund LLC boosted its stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 4.7% during the 3rd quarter. ABS Direct Equity Fund LLC now owns 6,970 shares of the transportation company’s stock worth $1,971,000 after acquiring an additional 310 shares during the last quarter. Finally, Inspire Investing LLC increased its stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 14.2% in the 3rd quarter. Inspire Investing LLC now owns 2,930 shares of the transportation company’s stock worth $828,000 after purchasing an additional 365 shares in the last quarter. 10.57% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a “buy” rating to a “hold” rating in a report on Thursday, November 21st.

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

ASR opened at $255.27 on Friday. The company has a 50 day simple moving average of $264.34 and a two-hundred day simple moving average of $279.03. The company has a debt-to-equity ratio of 0.20, a current ratio of 4.65 and a quick ratio of 4.65. The firm has a market cap of $7.66 billion, a P/E ratio of 9.62, a PEG ratio of 4.16 and a beta of 1.10. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a 1-year low of $248.88 and a 1-year high of $357.90.

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

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.