Grupo Aeroportuario dl Srst SAB CV (ASR) Downgraded by ValuEngine

Grupo Aeroportuario dl Srst SAB CV (NYSE:ASR) was downgraded by ValuEngine from a “hold” rating to a “sell” rating in a note issued to investors on Thursday.

Several other equities analysts also recently issued reports on ASR. Zacks Investment Research raised shares of Grupo Aeroportuario dl Srst SAB CV from a “hold” rating to a “buy” rating and set a $193.00 price target for the company in a research note on Monday, October 29th. UBS Group downgraded shares of Grupo Aeroportuario dl Srst SAB CV from a “neutral” rating to a “sell” rating in a research note on Thursday. JPMorgan Chase & Co. raised shares of Grupo Aeroportuario dl Srst SAB CV from a “neutral” rating to an “overweight” rating in a research note on Thursday, November 1st. HSBC downgraded shares of Grupo Aeroportuario dl Srst SAB CV from a “hold” rating to a “reduce” rating in a research note on Monday, October 8th. Finally, Bank of America downgraded shares of Grupo Aeroportuario dl Srst SAB CV from a “buy” rating to a “neutral” rating in a research note on Tuesday, October 30th. Four investment analysts have rated the stock with a sell rating, two have assigned a hold rating and one has assigned a buy rating to the stock. Grupo Aeroportuario dl Srst SAB CV has a consensus rating of “Hold” and an average price target of $199.33.

ASR stock opened at $153.03 on Thursday. The firm has a market cap of $4.80 billion, a PE ratio of 15.47, a price-to-earnings-growth ratio of 4.72 and a beta of 0.87. Grupo Aeroportuario dl Srst SAB CV has a 52-week low of $147.07 and a 52-week high of $212.70. The company has a quick ratio of 2.87, a current ratio of 2.87 and a debt-to-equity ratio of 0.44.

A number of large investors have recently bought and sold shares of the business. BlackRock Inc. grew its holdings in Grupo Aeroportuario dl Srst SAB CV by 45.0% in the third quarter. BlackRock Inc. now owns 335,339 shares of the transportation company’s stock worth $68,788,000 after purchasing an additional 104,092 shares during the period. Bank of New York Mellon Corp grew its holdings in Grupo Aeroportuario dl Srst SAB CV by 1.6% in the third quarter. Bank of New York Mellon Corp now owns 45,977 shares of the transportation company’s stock worth $9,431,000 after purchasing an additional 727 shares during the period. Wetherby Asset Management Inc. acquired a new stake in Grupo Aeroportuario dl Srst SAB CV in the third quarter worth $246,000. Pendal Group Ltd acquired a new stake in Grupo Aeroportuario dl Srst SAB CV in the third quarter worth $13,650,000. Finally, WCM Investment Management CA grew its holdings in Grupo Aeroportuario dl Srst SAB CV by 4.1% in the third quarter. WCM Investment Management CA now owns 16,851 shares of the transportation company’s stock worth $3,457,000 after purchasing an additional 665 shares during the period. Institutional investors and hedge funds own 19.33% of the company’s stock.

Grupo Aeroportuario dl Srst SAB CV 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. It operates nine airports that are located in the cities of Cancún, Cozumel, Mérida, Huatulco, Oaxaca, Veracruz, Villahermosa, Tapachula, and Minatitlan. The company provides aeronautical services, which include passenger, aircraft landing and parking, passenger walkway, and airport security services.

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