The Manufacturers Life Insurance Company Makes New Investment in Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR)

The Manufacturers Life Insurance Company purchased a new stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 1,889 shares of the transportation company’s stock, valued at approximately $534,000.

Several other large investors have also added to or reduced their stakes in the business. 1832 Asset Management L.P. purchased a new position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the second quarter valued at approximately $14,927,000. Sei Investments Co. raised its position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 337.4% during the 2nd quarter. Sei Investments Co. now owns 26,694 shares of the transportation company’s stock valued at $7,995,000 after buying an additional 20,591 shares in the last quarter. Marshall Wace LLP increased its position 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 valued at $9,698,000 after purchasing an additional 16,163 shares during the last quarter. Metis Global Partners LLC boosted its stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 34.9% in the 3rd quarter. Metis Global Partners LLC now owns 8,804 shares of the transportation company’s stock valued at $2,489,000 after purchasing an additional 2,277 shares in the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. bought a new position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the 3rd quarter worth approximately $632,000. Institutional investors own 10.57% of the company’s stock.

Analyst Ratings Changes

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. Price Performance

NYSE ASR opened at $272.59 on Friday. The stock has a market cap of $8.18 billion, a price-to-earnings ratio of 10.27, a PEG ratio of 4.16 and a beta of 1.10. The company has a current ratio of 4.65, a quick 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 12 month low of $239.28 and a 12 month high of $357.90. The company’s 50 day moving average is $268.05 and its two-hundred day moving average is $284.13.

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.