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

ABS Direct Equity Fund LLC grew its stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) by 79.1% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 12,480 shares of the transportation company’s stock after purchasing an additional 5,510 shares during the quarter. Grupo Aeroportuario del Sureste, S. A. B. de C. V. comprises about 3.7% of ABS Direct Equity Fund LLC’s holdings, making the stock its 9th biggest holding. ABS Direct Equity Fund LLC’s holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. were worth $3,215,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the stock. The Manufacturers Life Insurance Company bought a new position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the third quarter worth about $534,000. Connor Clark & Lunn Investment Management Ltd. purchased a new position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the 3rd quarter worth approximately $632,000. Blue Trust Inc. lifted its stake in shares of 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 valued at $204,000 after purchasing an additional 369 shares during the period. State Street Corp lifted its stake 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 during the period. Finally, HighTower Advisors LLC boosted its position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 5.4% during the third quarter. HighTower Advisors LLC now owns 1,004 shares of the transportation company’s stock valued at $285,000 after purchasing an additional 51 shares in the last quarter. 10.57% of the stock is currently owned by institutional investors.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. Stock Down 1.1 %

ASR stock opened at $273.86 on Tuesday. The business has a 50 day moving average of $265.09 and a 200 day moving average of $274.42. The firm has a market cap of $8.22 billion, a PE ratio of 10.32, a price-to-earnings-growth ratio of 6.96 and a beta of 1.09. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a twelve month low of $248.88 and a twelve month 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.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded 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. 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.