Jefferies Financial Group Has Lowered Expectations for Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) Stock Price

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) had its target price lowered by equities research analysts at Jefferies Financial Group from $321.00 to $310.00 in a report issued on Wednesday,Benzinga reports. The brokerage presently has a “hold” rating on the transportation company’s stock. Jefferies Financial Group’s target price indicates a potential upside of 7.54% from the company’s previous close.

Separately, StockNews.com downgraded 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. Trading Up 0.4 %

NYSE ASR opened at $288.27 on Wednesday. The stock has a 50-day simple moving average of $268.89 and a 200 day simple moving average of $271.92. The company has a market capitalization of $8.65 billion, a PE ratio of 10.87, a P/E/G ratio of 7.23 and a beta of 1.09. The company has a current ratio of 4.65, a quick ratio of 4.65 and a debt-to-equity ratio of 0.20. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a 12 month low of $248.88 and a 12 month high of $357.90.

Institutional Investors Weigh In On Grupo Aeroportuario del Sureste, S. A. B. de C. V.

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. US Bancorp DE increased its holdings in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 7.2% in the fourth quarter. US Bancorp DE now owns 699 shares of the transportation company’s stock worth $180,000 after acquiring an additional 47 shares in the last quarter. HighTower Advisors LLC increased its holdings in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 5.4% in the third quarter. HighTower Advisors LLC now owns 1,004 shares of the transportation company’s stock worth $285,000 after acquiring an additional 51 shares in the last quarter. Geode Capital Management LLC increased its holdings in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 6.2% in the fourth quarter. Geode Capital Management LLC now owns 1,119 shares of the transportation company’s stock worth $288,000 after acquiring an additional 65 shares in the last quarter. Fortune Financial Advisors LLC increased its holdings in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 2.1% in the fourth quarter. Fortune Financial Advisors LLC now owns 4,824 shares of the transportation company’s stock worth $1,243,000 after acquiring an additional 97 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. increased its holdings in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 41.2% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 346 shares of the transportation company’s stock worth $91,000 after acquiring an additional 101 shares in the last quarter. Institutional investors 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.