Bank of Montreal Can Sells 5,192 Shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR)

Bank of Montreal Can trimmed its position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) by 40.2% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 7,718 shares of the transportation company’s stock after selling 5,192 shares during the quarter. Bank of Montreal Can’s holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. were worth $2,202,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in ASR. 1832 Asset Management L.P. acquired a new stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the 2nd quarter worth approximately $14,927,000. Sei Investments Co. raised its stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 337.4% during the second quarter. Sei Investments Co. now owns 26,694 shares of the transportation company’s stock valued at $7,995,000 after acquiring an additional 20,591 shares during the last quarter. Marshall Wace LLP lifted its holdings in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 99.7% during the second quarter. Marshall Wace LLP now owns 32,377 shares of the transportation company’s stock worth $9,698,000 after purchasing an additional 16,163 shares during the period. Metis Global Partners LLC increased its holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 34.9% in the third quarter. Metis Global Partners LLC now owns 8,804 shares of the transportation company’s stock valued at $2,489,000 after purchasing an additional 2,277 shares during the period. Finally, Connor Clark & Lunn Investment Management Ltd. bought a new position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the 3rd quarter worth $632,000. 10.57% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered 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 2.6 %

Shares of NYSE ASR opened at $267.45 on Friday. The company’s 50 day moving average price is $270.01 and its 200-day moving average price is $287.88. The company has a debt-to-equity ratio of 0.20, a quick ratio of 4.65 and a current ratio of 4.65. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a 52-week low of $223.63 and a 52-week high of $357.90. The company has a market capitalization of $8.02 billion, a P/E ratio of 9.82, a price-to-earnings-growth ratio of 4.05 and a beta of 1.10.

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.