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

Advisors Asset Management Inc. decreased its stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) by 22.0% in the 3rd quarter, Holdings Channel.com reports. The firm owned 2,747 shares of the transportation company’s stock after selling 777 shares during the quarter. 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 reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Blue Trust Inc. boosted its holdings in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 64.7% during 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 in the last quarter. Vanguard Personalized Indexing Management LLC boosted its stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 10.8% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 1,697 shares of the transportation company’s stock valued at $504,000 after purchasing an additional 166 shares in the last quarter. Creative Planning raised its holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 7.2% in the 2nd quarter. Creative Planning now owns 3,509 shares of the transportation company’s stock valued at $1,051,000 after buying an additional 235 shares during the last quarter. Maryland State Retirement & Pension System boosted its position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 1.1% during the 2nd quarter. Maryland State Retirement & Pension System now owns 22,229 shares of the transportation company’s stock worth $6,658,000 after buying an additional 237 shares during the period. Finally, Inspire Investing LLC boosted its position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 14.2% during the 3rd quarter. Inspire Investing LLC now owns 2,930 shares of the transportation company’s stock worth $828,000 after buying an additional 365 shares during the period. Institutional investors and hedge funds own 10.57% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com downgraded shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a “buy” rating to a “hold” rating in a research note on Thursday, November 21st. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock 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 Performance

Shares of ASR stock opened at $258.40 on Wednesday. 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. The business’s 50 day simple moving average is $274.29 and its 200 day simple moving average is $291.93. 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 one year low of $223.63 and a one year high of $357.90.

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.