Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) Trading 4% Higher – What’s Next?

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) rose 4% during mid-day trading on Friday . The stock traded as high as $269.48 and last traded at $269.48. Approximately 11,316 shares traded hands during trading, a decline of 74% from the average daily volume of 42,845 shares. The stock had previously closed at $259.03.

Wall Street Analysts Forecast Growth

Separately, StockNews.com cut 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. Trading Up 4.3 %

The company has a fifty day simple moving average of $268.15 and a 200-day simple moving average of $284.86. The stock has a market cap of $8.11 billion, a price-to-earnings ratio of 9.75, a P/E/G 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.

Hedge Funds Weigh In On Grupo Aeroportuario del Sureste, S. A. B. de C. V.

Hedge funds and other institutional investors have recently bought and sold shares of the business. SG Americas Securities LLC grew its position 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 last quarter. Blue Trust Inc. grew its stake in 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 valued at $100,000 after acquiring an additional 123 shares in the last quarter. Maryland State Retirement & Pension System raised 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 valued at $6,658,000 after purchasing an additional 237 shares during the last quarter. American Century Companies Inc. raised its holdings in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 5.6% during the second quarter. American Century Companies Inc. now owns 19,024 shares of the transportation company’s stock valued at $5,698,000 after acquiring an additional 1,015 shares in the last quarter. Finally, Dimensional Fund Advisors LP boosted its holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 1.2% in the second quarter. Dimensional Fund Advisors LP now owns 64,453 shares of the transportation company’s stock valued at $19,300,000 after acquiring an additional 746 shares in the last quarter. Institutional investors own 10.57% of the company’s stock.

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.