Metis Global Partners LLC raised its stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR - Free Report) by 34.9% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 8,804 shares of the transportation company's stock after purchasing an additional 2,277 shares during the period. Metis Global Partners LLC's holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. were worth $2,489,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Sei Investments Co. acquired a new position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the 1st quarter valued at $1,945,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. lifted its holdings in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 181.8% during the first quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 3,100 shares of the transportation company's stock valued at $988,000 after acquiring an additional 2,000 shares during the period. 1832 Asset Management L.P. acquired a new stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the 2nd quarter valued at $14,927,000. Blue Trust Inc. grew its holdings in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 117.9% in the 3rd quarter. Blue Trust Inc. now owns 682 shares of the transportation company's stock worth $204,000 after purchasing an additional 369 shares during the last quarter. Finally, Advisors Asset Management Inc. increased its position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 48.5% during the 1st quarter. Advisors Asset Management Inc. now owns 3,324 shares of the transportation company's stock worth $1,059,000 after purchasing an additional 1,085 shares in the last quarter. 10.57% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
Separately, StockNews.com upgraded shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a "hold" rating to a "buy" rating in a research report on Thursday, September 5th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the company. According to data from MarketBeat.com, Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a consensus rating of "Hold" and an average target price of $274.00.
Read Our Latest Research Report on ASR
Grupo Aeroportuario del Sureste, S. A. B. de C. V. Price Performance
Shares of NYSE:ASR traded down $2.42 during midday trading on Friday, reaching $261.54. The company's stock had a trading volume of 38,538 shares, compared to its average volume of 42,706. The business's fifty day simple moving average is $275.04 and its 200-day simple moving average is $295.78. The company has a debt-to-equity ratio of 0.20, a current ratio of 4.65 and a quick ratio of 4.65. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a fifty-two week low of $223.63 and a fifty-two week high of $357.90. The company has a market capitalization of $7.85 billion, a P/E ratio of 9.83, a P/E/G ratio of 4.04 and a beta of 1.13.
Grupo Aeroportuario del Sureste, S. A. B. de C. V. Profile
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Free Report)
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.
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