Grupo Aeroportuario del Sureste SAB de CV (NYSE:ASR) was downgraded by Bank of America Corp. from a “buy” rating to a “neutral” rating in a research note issued to investors on Wednesday.

Several other research analysts have also recently issued reports on the company. Zacks Investment Research cut Grupo Aeroportuario del Sureste SAB de CV from a “buy” rating to a “hold” rating in a research report on Tuesday, October 18th. Scotiabank increased their price objective on Grupo Aeroportuario del Sureste SAB de CV from $148.00 to $151.00 in a research report on Thursday, August 25th. Finally, Goldman Sachs Group Inc. increased their price objective on Grupo Aeroportuario del Sureste SAB de CV from $170.00 to $174.00 and gave the stock a “buy” rating in a research report on Thursday, July 21st.

Grupo Aeroportuario del Sureste SAB de CV (NYSE:ASR) opened at 142.63 on Wednesday. The firm has a market cap of $42.79 billion, a PE ratio of 238.51 and a beta of 0.82. Grupo Aeroportuario del Sureste SAB de CV has a 12 month low of $119.99 and a 12 month high of $165.40. The stock’s 50 day moving average is $153.85 and its 200 day moving average is $153.99.

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Harding Loevner LP boosted its position in shares of Grupo Aeroportuario del Sureste SAB de CV by 5.6% in the third quarter. Harding Loevner LP now owns 1,177,903 shares of the company’s stock worth $172,469,000 after buying an additional 62,781 shares in the last quarter. JPMorgan Chase & Co. boosted its position in shares of Grupo Aeroportuario del Sureste SAB de CV by 6.8% in the third quarter. JPMorgan Chase & Co. now owns 503,265 shares of the company’s stock worth $73,688,000 after buying an additional 32,254 shares in the last quarter. Handelsbanken Fonder AB boosted its position in shares of Grupo Aeroportuario del Sureste SAB de CV by 4.8% in the second quarter. Handelsbanken Fonder AB now owns 324,709 shares of the company’s stock worth $51,807,000 after buying an additional 14,750 shares in the last quarter. Renaissance Technologies LLC boosted its position in shares of Grupo Aeroportuario del Sureste SAB de CV by 7.6% in the first quarter. Renaissance Technologies LLC now owns 153,700 shares of the company’s stock worth $23,081,000 after buying an additional 10,800 shares in the last quarter. Finally, Emerald Acquisition Ltd. boosted its position in shares of Grupo Aeroportuario del Sureste SAB de CV by 3.6% in the third quarter. Emerald Acquisition Ltd. now owns 138,445 shares of the company’s stock worth $20,271,000 after buying an additional 4,825 shares in the last quarter. Institutional investors and hedge funds own 33.85% of the company’s stock.

Grupo Aeroportuario del Sureste SAB de CV Company Profile

Grupo Aeroportuario del Sureste, SAB. de C.V. (ASUR) is a holding company. The Company and its subsidiaries hold concessions to operate, maintain and develop approximately nine airports in the southeast region of Mexico. The Company operates through segments, including Cancun airport and subsidiaries (Cancun), the Villahermosa Airport (Villahermosa), the Merida airport (Merida) and Services.

5 Day Chart for NYSE:ASR

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