Deutsche Bank AG trimmed its holdings in Grupo Aeroportuario del Sureste (NYSE:ASR) by 23.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 29,228 shares of the transportation company’s stock after selling 9,116 shares during the quarter. Deutsche Bank AG owned about 0.11% of Grupo Aeroportuario del Sureste worth $5,334,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other large investors have also made changes to their positions in the company. SG Americas Securities LLC acquired a new position in shares of Grupo Aeroportuario del Sureste in the 4th quarter valued at about $126,000. Quadrature Capital Ltd acquired a new position in shares of Grupo Aeroportuario del Sureste in the 4th quarter valued at about $382,000. Capital Fund Management S.A. acquired a new position in shares of Grupo Aeroportuario del Sureste in the 4th quarter valued at about $821,000. WCM Investment Management CA lifted its stake in shares of Grupo Aeroportuario del Sureste by 21.2% in the 4th quarter. WCM Investment Management CA now owns 17,442 shares of the transportation company’s stock valued at $3,183,000 after purchasing an additional 3,052 shares during the period. Finally, Prince Street Capital Management LLC acquired a new position in shares of Grupo Aeroportuario del Sureste in the 4th quarter valued at about $3,705,000. 34.16% of the stock is currently owned by institutional investors.
ASR stock opened at $172.94 on Friday. Grupo Aeroportuario del Sureste has a fifty-two week low of $165.93 and a fifty-two week high of $229.45. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.83 and a current ratio of 2.69. The company has a market cap of $4,722.32, a P/E ratio of 17.49, a PEG ratio of 4.53 and a beta of 0.69.
Separately, Zacks Investment Research raised Grupo Aeroportuario del Sureste from a “sell” rating to a “hold” rating in a research note on Tuesday, December 26th. One research analyst has rated the stock with a sell rating, six have given a hold rating and one has assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of $213.00.
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About Grupo Aeroportuario del Sureste
Grupo Aeroportuario del Sureste, S. A. B. de C. V. holds concessions to operate, maintain, and develop airports in the southeast region of Mexico. It operates nine airports that are located in the cities of Cancún, Mérida, Villahermosa, Veracruz, Oaxaca, Huatulco, Cozumel, Minatitlán, and Tapachula. The company also provides aeronautical services, which include passenger, aircraft landing and parking, passenger walkway, and airport security services.
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