Short Interest in Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) Expands By 8.6%

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) was the recipient of a significant growth in short interest in September. As of September 15th, there was short interest totalling 168,700 shares, a growth of 8.6% from the August 31st total of 155,300 shares. Approximately 0.6% of the company’s shares are sold short. Based on an average daily volume of 39,200 shares, the days-to-cover ratio is currently 4.3 days.

Institutional Investors Weigh In On Grupo Aeroportuario del Sureste, S. A. B. de C. V.

Hedge funds have recently added to or reduced their stakes in the company. Parallel Advisors LLC grew its stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 116.7% in the fourth quarter. Parallel Advisors LLC now owns 221 shares of the transportation company’s stock valued at $65,000 after acquiring an additional 119 shares during the period. Blue Trust Inc. boosted its position 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 valued at $100,000 after buying an additional 123 shares during the last quarter. Ballentine Partners LLC purchased a new position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the first quarter valued at approximately $249,000. Sequoia Financial Advisors LLC boosted its position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 12.0% during the first quarter. Sequoia Financial Advisors LLC now owns 813 shares of the transportation company’s stock valued at $259,000 after buying an additional 87 shares during the last quarter. Finally, PNC Financial Services Group Inc. boosted its position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 62.2% during the fourth quarter. PNC Financial Services Group Inc. now owns 840 shares of the transportation company’s stock valued at $247,000 after buying an additional 322 shares during the last quarter. Institutional investors and hedge funds own 10.57% of the company’s stock.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. Trading Down 1.3 %

ASR stock traded down $3.64 during mid-day trading on Tuesday, reaching $279.12. The company’s stock had a trading volume of 16,151 shares, compared to its average volume of 42,919. The company has a market cap of $8.37 billion, a price-to-earnings ratio of 13.20, a price-to-earnings-growth ratio of 2.40 and a beta of 1.12. The business’s 50 day moving average price is $279.92 and its 200 day moving average price is $306.89. The company has a current ratio of 3.97, a quick ratio of 3.97 and a debt-to-equity ratio of 0.20. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a 12 month low of $165.00 and a 12 month high of $357.90.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) last announced its quarterly earnings data on Tuesday, July 23rd. The transportation company reported $9.60 EPS for the quarter, beating analysts’ consensus estimates of $5.64 by $3.96. Grupo Aeroportuario del Sureste, S. A. B. de C. V. had a return on equity of 25.99% and a net margin of 49.57%. The firm had revenue of $357.51 million during the quarter. On average, equities research analysts predict that Grupo Aeroportuario del Sureste, S. A. B. de C. V. will post 22.95 EPS for the current year.

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 research report on Thursday, September 5th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $274.00.

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.