Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) Trading Up 4% - Still a Buy?

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR - Get Free Report)'s stock price was up 4% during trading on Friday . The stock traded as high as $269.48 and last traded at $269.48. Approximately 11,316 shares traded hands during mid-day trading, a decline of 74% from the average daily volume of 42,845 shares. The stock had previously closed at $259.03.

Wall Street Analyst Weigh In

Separately, StockNews.com cut Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a "buy" rating to a "hold" rating in a research note on Thursday, November 21st.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. Stock Performance

The stock has a 50-day moving average price of $268.05 and a 200 day moving average price of $284.13. The firm has a market capitalization of $8.18 billion, a price-to-earnings ratio of 10.27, 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.

Hedge Funds Weigh In On Grupo Aeroportuario del Sureste, S. A. B. de C. V.

A number of institutional investors and hedge funds have recently modified their holdings of ASR. Blue Trust Inc. raised its stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 64.7% in the second quarter. Blue Trust Inc. now owns 313 shares of the transportation company's stock valued at $100,000 after buying an additional 123 shares in the last quarter. Public Employees Retirement System of Ohio purchased a new stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the third quarter worth approximately $112,000. Quantbot Technologies LP acquired a new position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the third quarter valued at approximately $177,000. Malaga Cove Capital LLC purchased a new position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the third quarter valued at approximately $209,000. Finally, HighTower Advisors LLC raised its holdings 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 purchasing an additional 51 shares in the last quarter. Institutional investors and hedge funds own 10.57% of the company's stock.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. 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. The company operates airports that are located in the cities of Cancún, Cozumel, Mérida, Huatulco, Oaxaca, Veracruz, Villahermosa, Tapachula, and Minatitlán.