Metis Global Partners LLC Purchases 2,277 Shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR)

Metis Global Partners LLC raised its position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) by 34.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 8,804 shares of the transportation company’s stock after buying an additional 2,277 shares during the period. Metis Global Partners LLC’s holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. were worth $2,489,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of ASR. Blue Trust Inc. raised its stake 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 buying an additional 123 shares during the last quarter. Malaga Cove Capital LLC acquired a new stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the 3rd quarter valued at approximately $209,000. abrdn plc acquired a new position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the 3rd quarter valued at $295,000. Leuthold Group LLC acquired a new stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the third quarter worth about $331,000. Finally, Cynosure Group LLC bought a new stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the first quarter worth $335,000. Institutional investors and hedge funds own 10.57% of the company’s stock.

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

Shares of NYSE ASR opened at $260.89 on Friday. The stock has a market capitalization of $7.83 billion, a price-to-earnings ratio of 9.83, a PEG ratio of 4.04 and a beta of 1.13. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a fifty-two week low of $223.63 and a fifty-two week high of $357.90. The business has a 50-day moving average of $275.04 and a 200-day moving average of $295.78. The company has a debt-to-equity ratio of 0.20, a current ratio of 4.65 and a quick ratio of 4.65.

Wall Street Analyst Weigh In

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

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.