Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) Stock Price Up 4% – Should You Buy?

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

Analysts Set New Price Targets

Separately, StockNews.com cut shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a “buy” rating to a “hold” rating in a research report on Thursday, November 21st.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. Stock Up 4.3 %

The company has a current ratio of 4.65, a quick ratio of 4.65 and a debt-to-equity ratio of 0.20. The company’s 50 day moving average price is $268.15 and its two-hundred day moving average price is $284.86. The stock has a market cap of $8.11 billion, a P/E ratio of 9.75, a PEG ratio of 4.16 and a beta of 1.10.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in ASR. HighTower Advisors LLC raised its stake in 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. Blue Trust Inc. boosted its position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 64.7% in the 2nd quarter. Blue Trust Inc. now owns 313 shares of the transportation company’s stock valued at $100,000 after purchasing an additional 123 shares during the period. Vanguard Personalized Indexing Management LLC grew its stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 10.8% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 1,697 shares of the transportation company’s stock worth $504,000 after buying an additional 166 shares during the last quarter. Creative Planning increased its position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 7.2% during the second quarter. Creative Planning now owns 3,509 shares of the transportation company’s stock worth $1,051,000 after buying an additional 235 shares during the period. Finally, Maryland State Retirement & Pension System lifted its stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 1.1% in the second quarter. Maryland State Retirement & Pension System now owns 22,229 shares of the transportation company’s stock valued at $6,658,000 after buying an additional 237 shares during the last quarter. 10.57% of the stock is currently owned by hedge funds and other institutional investors.

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.