Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) Shares Acquired by ABS Direct Equity Fund LLC

ABS Direct Equity Fund LLC increased its stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) by 4.7% in the 3rd quarter, Holdings Channel.com reports. The firm owned 6,970 shares of the transportation company’s stock after purchasing an additional 310 shares during the period. Grupo Aeroportuario del Sureste, S. A. B. de C. V. makes up 2.2% of ABS Direct Equity Fund LLC’s portfolio, making the stock its 17th largest holding. ABS Direct Equity Fund LLC’s holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. were worth $1,971,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Connor Clark & Lunn Investment Management Ltd. purchased a new position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the 3rd quarter worth $632,000. 1832 Asset Management L.P. acquired a new position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the second quarter worth about $14,927,000. Blue Trust Inc. increased its stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 117.9% during the third quarter. Blue Trust Inc. now owns 682 shares of the transportation company’s stock worth $204,000 after acquiring an additional 369 shares during the period. Metis Global Partners LLC raised its holdings 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 worth $2,489,000 after purchasing an additional 2,277 shares in the last quarter. Finally, Marshall Wace LLP lifted its position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 99.7% in the second quarter. Marshall Wace LLP now owns 32,377 shares of the transportation company’s stock valued at $9,698,000 after purchasing an additional 16,163 shares during the period. 10.57% of the stock is currently owned by hedge funds and other institutional investors.

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

Grupo Aeroportuario del Sureste, S. A. B. de C. V. stock opened at $264.80 on Tuesday. The company has a market cap of $7.94 billion, a P/E ratio of 9.98, a price-to-earnings-growth ratio of 4.14 and a beta of 1.10. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a one year low of $223.63 and a one year high of $357.90. The business has a fifty day moving average of $268.84 and a two-hundred day moving average of $285.68. The company has a debt-to-equity ratio of 0.20, a quick ratio of 4.65 and a current ratio of 4.65.

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 report on Thursday, November 21st.

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.