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 large increase in short interest during the month of September. As of September 15th, there was short interest totalling 168,700 shares, an increase of 8.6% from the August 31st total of 155,300 shares. Currently, 0.6% of the shares of the company are short sold. Based on an average daily volume of 39,200 shares, the days-to-cover ratio is presently 4.3 days.

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

Shares of NYSE:ASR traded down $3.64 during trading on Tuesday, reaching $279.12. The company had a trading volume of 16,151 shares, compared to its average volume of 42,815. The firm’s fifty day moving average is $280.62 and its 200 day moving average is $307.08. The company has a debt-to-equity ratio of 0.20, a quick ratio of 3.97 and a current ratio of 3.97. The firm has a market capitalization of $8.37 billion, a PE ratio of 13.37, a price-to-earnings-growth ratio of 2.40 and a beta of 1.12. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a twelve month low of $165.00 and a twelve month high of $357.90.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) last released its earnings results on Tuesday, July 23rd. The transportation company reported $9.60 earnings per share (EPS) for the quarter, topping 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 for the quarter. On average, equities analysts forecast that Grupo Aeroportuario del Sureste, S. A. B. de C. V. will post 22.95 EPS for the current year.

Institutional Trading of Grupo Aeroportuario del Sureste, S. A. B. de C. V.

A number of hedge funds and other institutional investors have recently made changes to their positions in ASR. Sei Investments Co. acquired a new position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the first quarter worth approximately $1,945,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. lifted its stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 181.8% during the first quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 3,100 shares of the transportation company’s stock valued at $988,000 after buying an additional 2,000 shares in the last quarter. BNP Paribas Financial Markets boosted its holdings in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 22.5% in the first quarter. BNP Paribas Financial Markets now owns 46,061 shares of the transportation company’s stock worth $14,679,000 after buying an additional 8,462 shares during the period. 1832 Asset Management L.P. purchased a new position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the second quarter worth approximately $14,927,000. Finally, Alberta Investment Management Corp raised its holdings in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 83.5% during the fourth quarter. Alberta Investment Management Corp now owns 37,894 shares of the transportation company’s stock valued at $11,151,000 after acquiring an additional 17,244 shares during the period. 10.57% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Separately, StockNews.com raised Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a “hold” rating to a “buy” rating in a report on Thursday, September 5th. One research analyst has rated the stock with a sell rating, one has given a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus 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.