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

StockNews.com cut 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 issued to investors on Thursday morning.

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

NYSE ASR opened at $264.90 on Thursday. The firm’s fifty day moving average is $274.68 and its two-hundred day moving average is $292.87. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a one year low of $223.63 and a one year high of $357.90. The company has a debt-to-equity ratio of 0.20, a quick ratio of 4.65 and a current ratio of 4.65. The firm has a market cap of $7.95 billion, a PE ratio of 9.98, a P/E/G ratio of 4.15 and a beta of 1.13.

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

Hedge funds have recently added to or reduced their stakes in the stock. Blue Trust Inc. boosted its holdings in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 64.7% in the second quarter. Blue Trust Inc. now owns 313 shares of the transportation company’s stock valued at $100,000 after acquiring an additional 123 shares in the last quarter. Public Employees Retirement System of Ohio acquired a new stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the third quarter valued at about $112,000. Quantbot Technologies LP purchased a new stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the 3rd quarter valued at approximately $177,000. Malaga Cove Capital LLC acquired a new position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the 3rd quarter worth approximately $209,000. Finally, HighTower Advisors LLC raised its stake 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 buying an additional 51 shares in the last quarter. 10.57% of the stock is owned by institutional investors and hedge funds.

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.