JPMorgan Chase & Co. reduced its stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR - Free Report) by 6.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 243,020 shares of the transportation company's stock after selling 17,314 shares during the period. JPMorgan Chase & Co. owned about 0.81% of Grupo Aeroportuario del Sureste, S. A. B. de C. V. worth $68,716,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Public Employees Retirement System of Ohio bought a new position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the third quarter worth $112,000. Quantbot Technologies LP bought a new position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the 3rd quarter worth about $177,000. Blue Trust Inc. boosted its holdings in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 117.9% in the 3rd quarter. Blue Trust Inc. now owns 682 shares of the transportation company's stock valued at $204,000 after buying an additional 369 shares during the period. Malaga Cove Capital LLC bought a new stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the 3rd quarter valued at about $209,000. Finally, HighTower Advisors LLC raised its stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 5.4% during 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 during the period. Institutional investors own 10.57% of the company's stock.
Analysts Set New Price Targets
Separately, StockNews.com lowered 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.
View Our Latest Stock Analysis on Grupo Aeroportuario del Sureste, S. A. B. de C. V.
Grupo Aeroportuario del Sureste, S. A. B. de C. V. Stock Performance
ASR stock traded down $4.23 during mid-day trading on Friday, reaching $255.27. The company had a trading volume of 52,872 shares, compared to its average volume of 62,236. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a one year low of $248.88 and a one year high of $357.90. The stock has a market capitalization of $7.66 billion, a P/E 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 stock's 50-day simple moving average is $264.34 and its two-hundred day simple moving average is $278.79.
About Grupo Aeroportuario del Sureste, S. A. B. de C. V.
(
Free Report)
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.
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