Advisors Asset Management Inc. Sells 777 Shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR)

Advisors Asset Management Inc. lowered its holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) by 22.0% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,747 shares of the transportation company’s stock after selling 777 shares during the period. Advisors Asset Management Inc.’s holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. were worth $777,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. 1832 Asset Management L.P. acquired a new stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the second quarter valued at approximately $14,927,000. Blue Trust Inc. raised its holdings in 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 acquiring an additional 369 shares in the last quarter. Metis Global Partners LLC lifted its position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 34.9% during the 3rd quarter. Metis Global Partners LLC now owns 8,804 shares of the transportation company’s stock valued at $2,489,000 after acquiring an additional 2,277 shares during the period. Marshall Wace LLP grew its holdings in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 99.7% during the 2nd quarter. Marshall Wace LLP now owns 32,377 shares of the transportation company’s stock worth $9,698,000 after purchasing an additional 16,163 shares in the last quarter. Finally, SG Americas Securities LLC increased its position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 31.3% in the second quarter. SG Americas Securities LLC now owns 1,967 shares of the transportation company’s stock worth $589,000 after purchasing an additional 469 shares during the period. Institutional investors and hedge funds own 10.57% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com cut shares of 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. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $274.00.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. Stock Down 2.4 %

NYSE ASR opened at $258.40 on Wednesday. The business has a fifty day moving average price of $274.29 and a two-hundred day moving average price of $291.93. The stock has a market capitalization of $7.75 billion, a PE ratio of 9.78, a PEG ratio of 4.13 and a beta of 1.13. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a fifty-two week low of $223.63 and a fifty-two week high of $357.90. The company has a debt-to-equity ratio of 0.20, a current ratio of 4.65 and a quick ratio of 4.65.

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.