Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) Shares Sold by Creative Planning

Creative Planning cut its stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) by 30.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,430 shares of the transportation company’s stock after selling 1,079 shares during the quarter. Creative Planning’s holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. were worth $687,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in ASR. Blue Trust Inc. increased its position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 64.7% during the second quarter. Blue Trust Inc. now owns 313 shares of the transportation company’s stock worth $100,000 after acquiring an additional 123 shares during the last quarter. Sequoia Financial Advisors LLC boosted its stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 12.0% in the first quarter. Sequoia Financial Advisors LLC now owns 813 shares of the transportation company’s stock valued at $259,000 after acquiring an additional 87 shares during the period. Cynosure Group LLC acquired a new position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the first quarter valued at approximately $335,000. Vanguard Personalized Indexing Management LLC boosted its stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 10.8% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 1,697 shares of the transportation company’s stock valued at $504,000 after acquiring an additional 166 shares during the period. Finally, SG Americas Securities LLC boosted its stake in 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 valued at $589,000 after acquiring an additional 469 shares during the period. 10.57% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a “hold” rating to a “buy” rating in a research note on Thursday, September 5th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $274.00.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. Stock Performance

Shares of ASR stock opened at $258.71 on Monday. The company has a quick ratio of 4.65, a current ratio of 4.65 and a debt-to-equity ratio of 0.20. The business has a 50 day moving average of $275.91 and a two-hundred day moving average of $300.21. The company has a market cap of $7.76 billion, a P/E ratio of 9.75, a PEG ratio of 4.20 and a beta of 1.13. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a 52 week low of $213.50 and a 52 week 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.