Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) Short Interest Up 10.7% in August

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) was the recipient of a large growth in short interest in August. As of August 31st, there was short interest totalling 155,300 shares, a growth of 10.7% from the August 15th total of 140,300 shares. Based on an average trading volume of 39,700 shares, the short-interest ratio is presently 3.9 days. Approximately 0.6% of the company’s stock are sold short.

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

Grupo Aeroportuario del Sureste, S. A. B. de C. V. Stock Down 0.4 %

ASR stock traded down $1.06 on Wednesday, reaching $288.20. 18,222 shares of the company traded hands, compared to its average volume of 43,271. The company has a debt-to-equity ratio of 0.20, a current ratio of 3.97 and a quick ratio of 3.97. The firm has a fifty day simple moving average of $284.91 and a 200-day simple moving average of $307.50. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a one year low of $165.00 and a one year high of $357.90. The company has a market cap of $8.65 billion, a P/E ratio of 13.80, a price-to-earnings-growth ratio of 2.20 and a beta of 1.12.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) last announced its quarterly 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 net margin of 49.57% and a return on equity of 25.99%. The company had revenue of $357.51 million for the quarter. Research analysts anticipate that Grupo Aeroportuario del Sureste, S. A. B. de C. V. will post 22.95 earnings per share for the current year.

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

Several institutional investors have recently added to or reduced their stakes in ASR. Hsbc Holdings PLC raised its holdings in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 116.7% during the fourth quarter. Hsbc Holdings PLC now owns 92,230 shares of the transportation company’s stock valued at $27,134,000 after purchasing an additional 49,668 shares during the last quarter. Sei Investments Co. bought a new position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the 1st quarter valued at $1,945,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. boosted its stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 181.8% in the 1st quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 3,100 shares of the transportation company’s stock worth $988,000 after buying an additional 2,000 shares during the last quarter. BNP Paribas Financial Markets grew 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 acquiring an additional 8,462 shares during the period. Finally, Alberta Investment Management Corp increased its position in 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 last quarter. 10.57% of the stock is currently owned by hedge funds and other institutional investors.

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.