Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) Short Interest Update

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) was the target of a significant decrease in short interest in the month of February. As of February 28th, there was short interest totalling 107,300 shares, a decrease of 19.0% from the February 13th total of 132,400 shares. Currently, 0.4% of the shares of the company are sold short. Based on an average daily trading volume, of 50,100 shares, the short-interest ratio is presently 2.1 days.

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

Shares of NYSE:ASR traded up $2.82 during midday trading on Wednesday, hitting $287.75. The stock had a trading volume of 40,169 shares, compared to its average volume of 42,405. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a 1 year low of $248.88 and a 1 year high of $357.90. 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 stock has a 50 day moving average price of $272.72 and a two-hundred day moving average price of $270.97. The company has a market capitalization of $8.63 billion, a PE ratio of 10.85, a P/E/G ratio of 7.16 and a beta of 1.07.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) last announced its quarterly earnings data on Monday, February 24th. The transportation company reported $5.48 earnings per share for the quarter, missing analysts’ consensus estimates of $5.54 by ($0.06). The business had revenue of $449.41 million during the quarter, compared to analysts’ expectations of $408.15 million. Grupo Aeroportuario del Sureste, S. A. B. de C. V. had a net margin of 50.08% and a return on equity of 26.25%. As a group, equities analysts predict that Grupo Aeroportuario del Sureste, S. A. B. de C. V. will post 23 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts have commented on ASR shares. StockNews.com downgraded Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a “buy” rating to a “hold” rating in a research note on Thursday, November 21st. Jefferies Financial Group decreased their price target on Grupo Aeroportuario del Sureste, S. A. B. de C. V. from $321.00 to $310.00 and set a “hold” rating for the company in a report on Wednesday, February 12th.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of ASR. The Manufacturers Life Insurance Company acquired a new position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the 3rd quarter worth $534,000. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the third quarter valued at $632,000. SG Americas Securities LLC increased its holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 163.5% during the 4th quarter. SG Americas Securities LLC now owns 1,839 shares of the transportation company’s stock valued at $474,000 after acquiring an additional 1,141 shares in the last quarter. Fisher Funds Management LTD acquired a new stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the fourth quarter valued at approximately $13,464,000. Finally, State Street Corp increased its position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 4.5% during the third quarter. State Street Corp now owns 164,576 shares of the transportation company’s stock worth $46,536,000 after buying an additional 7,070 shares in the last quarter. Institutional investors and hedge funds own 10.57% of the company’s stock.

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.