Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) Price Target Cut to $310.00 by Analysts at Jefferies Financial Group

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) had its price target decreased by stock analysts at Jefferies Financial Group from $321.00 to $310.00 in a research note issued to investors on Wednesday,Benzinga reports. The firm presently has a “hold” rating on the transportation company’s stock. Jefferies Financial Group’s target price indicates a potential upside of 10.78% from the company’s current price.

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 research report on Thursday, November 21st.

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

Shares of NYSE ASR opened at $279.83 on Wednesday. The company has a market capitalization of $8.39 billion, a price-to-earnings ratio of 10.41, a price-to-earnings-growth ratio of 7.23 and a beta of 1.09. 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. 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 business has a 50-day moving average of $267.93 and a two-hundred day moving average of $271.69.

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

Large investors have recently made changes to their positions in the company. National Bank of Canada FI purchased a new position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the third quarter worth about $19,274,000. Fisher Funds Management LTD purchased a new position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the 4th quarter worth $13,464,000. Proficio Capital Partners LLC acquired a new stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the 4th quarter worth $4,646,000. State Street Corp boosted its holdings in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 4.5% in the third quarter. State Street Corp now owns 164,576 shares of the transportation company’s stock valued at $46,536,000 after acquiring an additional 7,070 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 2.7% in the 4th quarter. JPMorgan Chase & Co. now owns 249,572 shares of the transportation company’s stock valued at $64,297,000 after purchasing an additional 6,552 shares in the last quarter. 10.57% of the stock is owned by institutional investors and hedge funds.

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.