Grupo Aeroportuario dl Srst SAB CV (ASR) Rating Lowered to Underweight at JPMorgan Chase & Co.

JPMorgan Chase & Co. cut shares of Grupo Aeroportuario dl Srst SAB CV (NYSE:ASR) from a neutral rating to an underweight rating in a research report report published on Friday morning.

ASR has been the subject of a number of other research reports. Zacks Investment Research cut Grupo Aeroportuario dl Srst SAB CV from a hold rating to a sell rating in a research note on Tuesday, January 17th. Goldman Sachs Group Inc lowered Grupo Aeroportuario dl Srst SAB CV from a buy rating to a neutral rating in a report on Wednesday, February 15th. Finally, Morgan Stanley upgraded Grupo Aeroportuario dl Srst SAB CV from an equal weight rating to an overweight rating in a report on Friday, February 17th. One research analyst has rated the stock with a sell rating, two have given a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the stock. The company currently has a consensus rating of Buy and an average target price of $180.33.

Shares of Grupo Aeroportuario dl Srst SAB CV (NYSE:ASR) opened at 192.31 on Friday. The company has a market cap of $57.69 billion, a PE ratio of 273.95 and a beta of 0.66. Grupo Aeroportuario dl Srst SAB CV has a 1-year low of $131.72 and a 1-year high of $206.68. The firm has a 50-day moving average price of $187.16 and a 200 day moving average price of $160.51.

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Hedge funds and other institutional investors have recently bought and sold shares of the stock. AQR Capital Management LLC raised its position in Grupo Aeroportuario dl Srst SAB CV by 110.4% in the first quarter. AQR Capital Management LLC now owns 54,591 shares of the transportation company’s stock worth $9,457,000 after buying an additional 28,650 shares in the last quarter. Bank of America Corp DE raised its position in Grupo Aeroportuario dl Srst SAB CV by 678.3% in the first quarter. Bank of America Corp DE now owns 11,604 shares of the transportation company’s stock worth $2,011,000 after buying an additional 10,113 shares in the last quarter. KCG Holdings Inc. bought a new position in Grupo Aeroportuario dl Srst SAB CV during the first quarter worth $272,000. Citadel Advisors LLC bought a new position in Grupo Aeroportuario dl Srst SAB CV during the first quarter worth $287,000. Finally, Morgan Stanley raised its position in Grupo Aeroportuario dl Srst SAB CV by 64.5% in the first quarter. Morgan Stanley now owns 10,918 shares of the transportation company’s stock worth $1,891,000 after buying an additional 4,282 shares in the last quarter. Institutional investors own 33.59% of the company’s stock.

Grupo Aeroportuario dl Srst SAB CV Company Profile

Grupo Aeroportuario del Sureste SAB de CV (ASUR) is a holding company. The Company 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.

5 Day Chart for NYSE:ASR

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