Fisher Funds Management LTD Invests $13.46 Million in Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR)

Fisher Funds Management LTD purchased a new stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 52,257 shares of the transportation company’s stock, valued at approximately $13,464,000. Fisher Funds Management LTD owned about 0.17% of Grupo Aeroportuario del Sureste, S. A. B. de C. V. at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. HighTower Advisors LLC raised its holdings in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 5.4% during the 3rd quarter. HighTower Advisors LLC now owns 1,004 shares of the transportation company’s stock worth $285,000 after acquiring an additional 51 shares in the last quarter. Fortune Financial Advisors LLC increased its position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 2.1% in the fourth quarter. Fortune Financial Advisors LLC now owns 4,824 shares of the transportation company’s stock worth $1,243,000 after purchasing an additional 97 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. raised its stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 41.2% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 346 shares of the transportation company’s stock valued at $91,000 after purchasing an additional 101 shares in the last quarter. ABS Direct Equity Fund LLC lifted its position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 4.7% during the third quarter. ABS Direct Equity Fund LLC now owns 6,970 shares of the transportation company’s stock valued at $1,971,000 after purchasing an additional 310 shares during the last quarter. Finally, Blue Trust Inc. grew its stake in shares of 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 in the last quarter. 10.57% of the stock is owned by institutional investors.

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

NYSE ASR opened at $273.62 on Friday. 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. has a 52 week low of $248.88 and a 52 week high of $357.90. The firm has a market capitalization of $8.21 billion, a price-to-earnings ratio of 10.31, a PEG ratio of 7.52 and a beta of 1.09. The company has a fifty day moving average of $270.97 and a two-hundred day moving average of $271.64.

Analyst Ratings Changes

ASR has been the subject of a number of analyst reports. 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 decreased their price objective on Grupo Aeroportuario del Sureste, S. A. B. de C. V. from $321.00 to $310.00 and set a “hold” rating on the stock in a research report on Wednesday, February 12th.

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.