SG Americas Securities LLC Raises Stock Holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR)

SG Americas Securities LLC lifted its stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) by 163.5% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 1,839 shares of the transportation company’s stock after acquiring 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 reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. ABS Direct Equity Fund LLC grew its position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 4.7% in the 3rd quarter. ABS Direct Equity Fund LLC now owns 6,970 shares of the transportation company’s stock valued at $1,971,000 after acquiring an additional 310 shares in the last quarter. Public Employees Retirement System of Ohio purchased a new position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the third quarter worth approximately $112,000. National Bank of Canada FI purchased a new stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the 3rd quarter valued at approximately $19,274,000. State Street Corp raised its holdings in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 4.5% in the 3rd quarter. State Street Corp now owns 164,576 shares of the transportation company’s stock valued at $46,536,000 after purchasing an additional 7,070 shares in the last quarter. Finally, HighTower Advisors LLC lifted its position in shares of 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 worth $285,000 after purchasing an additional 51 shares during the last quarter. Hedge funds and other 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 opened at $272.12 on Friday. 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. has a 52-week low of $248.88 and a 52-week high of $357.90. The stock has a 50 day moving average price of $266.03 and a 200 day moving average price of $273.72. The company has a market capitalization of $8.16 billion, a price-to-earnings ratio of 10.26, a price-to-earnings-growth ratio of 7.18 and a beta of 1.09.

Analysts Set New Price Targets

Separately, StockNews.com lowered 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.

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.