SG Americas Securities LLC raised its position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR - Free Report) by 163.5% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,839 shares of the transportation company's stock after purchasing an additional 1,141 shares during the quarter. SG Americas Securities LLC's holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. were worth $474,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also recently made changes to their positions in ASR. HighTower Advisors LLC lifted its stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 5.4% during the 3rd quarter. HighTower Advisors LLC now owns 1,004 shares of the transportation company's stock valued at $285,000 after acquiring an additional 51 shares during the period. Creative Planning lifted its position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 7.2% during the second quarter. Creative Planning now owns 3,509 shares of the transportation company's stock valued at $1,051,000 after purchasing an additional 235 shares during the period. ABS Direct Equity Fund LLC boosted its holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 4.7% in the third quarter. ABS Direct Equity Fund LLC now owns 6,970 shares of the transportation company's stock worth $1,971,000 after purchasing an additional 310 shares during the last quarter. Inspire Investing LLC boosted its holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 14.2% in the third quarter. Inspire Investing LLC now owns 2,930 shares of the transportation company's stock worth $828,000 after purchasing an additional 365 shares during the last quarter. Finally, Blue Trust Inc. grew its position in 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 period. Institutional investors own 10.57% of the company's stock.
Grupo Aeroportuario del Sureste, S. A. B. de C. V. Stock Performance
Shares of ASR traded down $5.96 on Wednesday, reaching $266.60. The company's stock had a trading volume of 49,215 shares, compared to its average volume of 53,570. 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 12-month low of $248.88 and a 12-month high of $357.90. The stock has a market capitalization of $8.00 billion, a P/E ratio of 10.05, a PEG ratio of 7.12 and a beta of 1.09. The stock's 50 day simple moving average is $266.59 and its two-hundred day simple moving average is $272.91.
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 report on Thursday, November 21st.
Check Out Our Latest Report on ASR
Grupo Aeroportuario del Sureste, S. A. B. de C. V. Profile
(
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.
Further Reading

Before you consider Grupo Aeroportuario del Sureste, S. A. B. de C. V., you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Grupo Aeroportuario del Sureste, S. A. B. de C. V. wasn't on the list.
While Grupo Aeroportuario del Sureste, S. A. B. de C. V. currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering when you'll finally be able to invest in SpaceX, Starlink, or X.AI? Enter your email address to learn when Elon Musk will let these companies finally IPO.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.