Metis Global Partners LLC boosted its stake in shares of 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 Form 13F 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 quarter. Metis Global Partners LLC’s holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. were worth $2,489,000 at the end of the most recent reporting period.
Several other large investors also recently modified their holdings of the stock. Blue Trust Inc. raised its holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 64.7% in the 2nd quarter. Blue Trust Inc. now owns 313 shares of the transportation company’s stock valued at $100,000 after acquiring an additional 123 shares during the period. Malaga Cove Capital LLC acquired a new position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the 3rd quarter valued at $209,000. abrdn plc bought a new position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the 3rd quarter worth $295,000. Leuthold Group LLC acquired a new stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the third quarter worth $331,000. Finally, Cynosure Group LLC bought a new position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the first quarter worth approximately $335,000. 10.57% of the stock is owned by institutional investors.
Analyst Ratings Changes
Separately, StockNews.com raised 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 research analyst has rated the stock with a sell rating, one has assigned a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, Grupo Aeroportuario del Sureste, S. A. B. de C. V. has an average rating of “Hold” and a consensus price target of $274.00.
Grupo Aeroportuario del Sureste, S. A. B. de C. V. Stock Down 1.2 %
Shares of NYSE ASR opened at $260.89 on Friday. 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 1 year low of $223.63 and a 1 year high of $357.90. The company has a 50 day simple moving average of $275.04 and a 200 day simple moving average of $295.78. The firm has a market cap of $7.83 billion, a PE ratio of 9.83, a price-to-earnings-growth ratio of 4.04 and a beta of 1.13.
About Grupo Aeroportuario del Sureste, S. A. B. de C. V.
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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