Ativo Capital Management LLC Invests $1.32 Million in Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR)

Ativo Capital Management LLC acquired a new position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) in the 4th quarter, Holdings Channel.com reports. The firm acquired 5,110 shares of the transportation company’s stock, valued at approximately $1,317,000. Grupo Aeroportuario del Sureste, S. A. B. de C. V. accounts for approximately 1.3% of Ativo Capital Management LLC’s portfolio, making the stock its 23rd largest holding.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. HighTower Advisors LLC boosted its holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 5.4% in the 3rd quarter. HighTower Advisors LLC now owns 1,004 shares of the transportation company’s stock worth $285,000 after buying an additional 51 shares during the period. Fortune Financial Advisors LLC boosted its holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 2.1% in the 4th quarter. Fortune Financial Advisors LLC now owns 4,824 shares of the transportation company’s stock worth $1,243,000 after buying an additional 97 shares during the period. Mirae Asset Global Investments Co. Ltd. boosted its holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 41.2% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 346 shares of the transportation company’s stock worth $91,000 after buying an additional 101 shares during the period. ABS Direct Equity Fund LLC boosted its holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 4.7% in the 3rd quarter. ABS Direct Equity Fund LLC now owns 6,970 shares of the transportation company’s stock worth $1,971,000 after buying an additional 310 shares during the period. Finally, Blue Trust Inc. boosted 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 worth $204,000 after buying an additional 369 shares during the period. 10.57% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the stock. 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 report on Thursday, November 21st. Jefferies Financial Group dropped their target price on shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. from $321.00 to $310.00 and set a “hold” rating for the company in a report on Wednesday, February 12th.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. Stock Down 4.7 %

ASR opened at $273.62 on Friday. The firm has a 50-day simple moving average of $270.97 and a two-hundred day simple moving average of $271.64. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a 52 week low of $248.88 and a 52 week high of $357.90. The company has a market capitalization of $8.21 billion, a PE ratio of 10.31, a price-to-earnings-growth ratio of 7.43 and a beta of 1.09. The company has a quick ratio of 4.65, a current ratio of 4.65 and a debt-to-equity ratio of 0.20.

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.