Zacks Investment Research cut shares of Grupo Aeroportuario del Sureste, S.A. de C.V. (NYSE:ASR) from a hold rating to a sell rating in a research report sent to investors on Wednesday.

According to Zacks, “Grupo Aeroportuario del Sureste is a Mexican airport operator with concessions to operate, maintain and develop the airports of Cancun, Merida, Cozumel, Villahermosa, Oaxaca, Veracruz, Huatulco, Tapachula and Minatitlan in the southeast of Mexico. “

A number of other brokerages have also weighed in on ASR. BidaskClub lowered Grupo Aeroportuario del Sureste, S.A. de C.V. from a strong-buy rating to a buy rating in a research note on Monday, July 24th. UBS AG upgraded Grupo Aeroportuario del Sureste, S.A. de C.V. from a sell rating to a neutral rating in a research note on Friday, October 13th. Scotiabank lowered Grupo Aeroportuario del Sureste, S.A. de C.V. from an outperform rating to a sector perform rating and raised their target price for the company from $185.00 to $202.00 in a research note on Thursday, September 7th. cut Grupo Aeroportuario del Sureste, S.A. de C.V. from a buy rating to a hold rating in a report on Tuesday, October 3rd. Finally, Royal Bank Of Canada reiterated an outperform rating on shares of Grupo Aeroportuario del Sureste, S.A. de C.V. in a report on Thursday, September 7th. Two analysts have rated the stock with a sell rating, six have assigned a hold rating and one has issued a buy rating to the company. The stock has a consensus rating of Hold and a consensus target price of $213.00.

Shares of Grupo Aeroportuario del Sureste, S.A. de C.V. (NYSE:ASR) opened at $172.46 on Wednesday. Grupo Aeroportuario del Sureste, S.A. de C.V. has a 12 month low of $131.72 and a 12 month high of $229.45. The firm has a market capitalization of $4,778.00, a price-to-earnings ratio of 22.31, a PEG ratio of 4.61 and a beta of 0.60. The company has a quick ratio of 3.86, a current ratio of 3.86 and a debt-to-equity ratio of 0.44.

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Institutional investors have recently bought and sold shares of the stock. Advisor Group Inc. boosted its holdings in Grupo Aeroportuario del Sureste, S.A. de C.V. by 434.1% in the third quarter. Advisor Group Inc. now owns 908 shares of the transportation company’s stock valued at $173,000 after acquiring an additional 738 shares during the last quarter. DSM Capital Partners LLC bought a new position in Grupo Aeroportuario del Sureste, S.A. de C.V. during the third quarter worth about $211,000. Wetherby Asset Management Inc. bought a new position in Grupo Aeroportuario del Sureste, S.A. de C.V. during the second quarter worth about $252,000. Saturna Capital CORP bought a new position in Grupo Aeroportuario del Sureste, S.A. de C.V. during the third quarter worth about $258,000. Finally, KCG Holdings Inc. bought a new position in Grupo Aeroportuario del Sureste, S.A. de C.V. during the first quarter worth about $272,000. Institutional investors and hedge funds own 33.71% of the company’s stock.

Grupo Aeroportuario del Sureste, S.A. de C.V. Company Profile

Grupo Aeroportuario del Sureste SAB de CV (ASUR) is a Mexico-based holding company. It and its subsidiaries hold concessions to operate, maintain and develop approximately nine airports in the southeast region of Mexico, as well as over 10 airports in Colombia. The Company operates through segments, including Cancun airport and subsidiaries (Cancun), the Villahermosa Airport (Villahermosa), the Merida airport (Merida) and Services.

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Analyst Recommendations for Grupo Aeroportuario del Sureste, S.A. de C.V. (NYSE:ASR)

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