JPMorgan Chase & Co. Lowers Position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR)

JPMorgan Chase & Co. lowered its stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) by 6.7% during the 3rd quarter, Holdings Channel reports. The firm owned 243,020 shares of the transportation company’s stock after selling 17,314 shares during the quarter. JPMorgan Chase & Co.’s holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. were worth $68,716,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in ASR. State Street Corp boosted its stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 4.5% during the third quarter. State Street Corp now owns 164,576 shares of the transportation company’s stock valued at $46,536,000 after buying an additional 7,070 shares during the last quarter. National Bank of Canada FI purchased a new position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the third quarter valued at $19,274,000. Dimensional Fund Advisors LP increased its position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 1.2% in the second quarter. Dimensional Fund Advisors LP now owns 64,453 shares of the transportation company’s stock worth $19,300,000 after purchasing an additional 746 shares during the last quarter. BNP Paribas Financial Markets lifted its position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 6.8% during the third quarter. BNP Paribas Financial Markets now owns 62,685 shares of the transportation company’s stock valued at $17,725,000 after purchasing an additional 4,010 shares during the last quarter. Finally, 1832 Asset Management L.P. purchased a new position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the 2nd quarter worth $14,927,000. Hedge funds and other institutional investors own 10.57% of the company’s stock.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. Stock Down 1.6 %

Shares of ASR opened at $255.27 on Friday. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a 52-week low of $248.88 and a 52-week high of $357.90. The company has a market cap of $7.66 billion, a PE ratio of 9.62, a P/E/G ratio of 4.16 and a beta of 1.10. The company has a quick ratio of 4.65, a current ratio of 4.65 and a debt-to-equity ratio of 0.20. The business has a fifty day moving average of $264.34 and a 200 day moving average of $279.03.

Wall Street Analysts Forecast Growth

Separately, StockNews.com downgraded shares of 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.

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.