The Manufacturers Life Insurance Company bought a new stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR - Free Report) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 1,889 shares of the transportation company's stock, valued at approximately $534,000.
A number of other institutional investors and hedge funds also recently made changes to their positions in ASR. 1832 Asset Management L.P. purchased a new position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the second quarter valued at $14,927,000. Sei Investments Co. raised its stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 337.4% during the second quarter. Sei Investments Co. now owns 26,694 shares of the transportation company's stock valued at $7,995,000 after buying an additional 20,591 shares during the last quarter. Marshall Wace LLP raised its stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 99.7% during the second quarter. Marshall Wace LLP now owns 32,377 shares of the transportation company's stock valued at $9,698,000 after buying an additional 16,163 shares during the last quarter. Metis Global Partners LLC raised its stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 34.9% during the third quarter. Metis Global Partners LLC now owns 8,804 shares of the transportation company's stock valued at $2,489,000 after buying an additional 2,277 shares during the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. purchased a new position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the third quarter valued at $632,000. Hedge funds and other institutional investors own 10.57% of the company's stock.
Analyst Ratings Changes
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.
Get Our Latest Analysis on Grupo Aeroportuario del Sureste, S. A. B. de C. V.
Grupo Aeroportuario del Sureste, S. A. B. de C. V. Stock Up 5.2 %
Shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. stock traded up $13.56 on Friday, reaching $272.59. The company's stock had a trading volume of 71,902 shares, compared to its average volume of 43,106. The company 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 firm's fifty day simple moving average is $268.05 and its two-hundred day simple moving average is $283.80. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a 52 week low of $239.28 and a 52 week high of $357.90. The company has a quick ratio of 4.65, a current ratio of 4.65 and a debt-to-equity ratio of 0.20.
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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