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

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) had its price objective reduced by stock analysts at Jefferies Financial Group from $321.00 to $310.00 in a research report issued on Wednesday,Benzinga reports. The firm currently has a “hold” rating on the transportation company’s stock. Jefferies Financial Group’s price objective points to a potential upside of 7.54% from the company’s current price.

Separately, StockNews.com downgraded 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.

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

NYSE:ASR opened at $288.27 on Wednesday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 4.65 and a current ratio of 4.65. The company has a market cap of $8.65 billion, a PE ratio of 10.87, a PEG ratio of 7.23 and a beta of 1.09. 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 stock has a 50-day simple moving average of $268.89 and a 200 day simple moving average of $271.92.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the company. US Bancorp DE grew its holdings in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 7.2% during the fourth quarter. US Bancorp DE now owns 699 shares of the transportation company’s stock worth $180,000 after buying an additional 47 shares in the last quarter. HighTower Advisors LLC boosted its position 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 valued at $285,000 after purchasing an additional 51 shares during the last quarter. Geode Capital Management LLC boosted its position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 6.2% during the fourth quarter. Geode Capital Management LLC now owns 1,119 shares of the transportation company’s stock valued at $288,000 after purchasing an additional 65 shares during the last quarter. Fortune Financial Advisors LLC boosted its position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 2.1% during the fourth quarter. Fortune Financial Advisors LLC now owns 4,824 shares of the transportation company’s stock valued at $1,243,000 after purchasing an additional 97 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. boosted its position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 41.2% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 346 shares of the transportation company’s stock valued at $91,000 after purchasing an additional 101 shares during the last quarter. 10.57% of the stock is currently owned by institutional investors.

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.