Short Interest in Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) Expands By 8.2%

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) saw a large increase in short interest in January. As of January 31st, there was short interest totalling 106,100 shares, an increase of 8.2% from the January 15th total of 98,100 shares. Approximately 0.4% of the shares of the stock are short sold. Based on an average daily volume of 50,400 shares, the short-interest ratio is presently 2.1 days.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on ASR shares. Jefferies Financial Group cut their price objective on shares of 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. StockNews.com cut shares of 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.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Headlands Technologies LLC bought a new position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the fourth quarter worth about $61,000. Wells Fargo & Company MN increased its position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 67.5% during the fourth quarter. Wells Fargo & Company MN now owns 345 shares of the transportation company’s stock worth $89,000 after acquiring an additional 139 shares during the period. Mirae Asset Global Investments Co. Ltd. raised its stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 41.2% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 346 shares of the transportation company’s stock valued at $91,000 after acquiring an additional 101 shares in the last quarter. Public Employees Retirement System of Ohio purchased a new stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the third quarter valued at approximately $112,000. Finally, Quantbot Technologies LP bought a new position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the third quarter worth approximately $177,000. Hedge funds and other institutional investors own 10.57% of the company’s stock.

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

Shares of NYSE:ASR traded up $3.03 on Tuesday, reaching $286.14. The company’s stock had a trading volume of 24,153 shares, compared to its average volume of 54,279. The company has a 50-day simple moving average of $269.62 and a 200 day simple moving average of $271.38. The company has a debt-to-equity ratio of 0.20, a quick ratio of 4.65 and a current ratio of 4.65. The company has a market cap of $8.58 billion, a P/E ratio of 10.79, a PEG ratio of 7.23 and a beta of 1.09. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a 52-week low of $248.88 and a 52-week high of $357.90.

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.