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 large growth in short interest during the month of 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 daily trading volume, of 39,700 shares, the days-to-cover ratio is currently 3.9 days. Currently, 0.6% of the shares of the stock are short sold.

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

ASR stock traded up $0.03 during trading on Wednesday, hitting $289.29. The stock had a trading volume of 8,609 shares, compared to its average volume of 43,216. The company’s 50 day moving average price is $285.19 and its two-hundred day moving average price is $307.49. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a 1-year low of $165.00 and a 1-year high of $357.90. The stock has a market cap of $8.68 billion, a price-to-earnings ratio of 13.73, a price-to-earnings-growth ratio of 2.20 and a beta of 1.12. The company has a debt-to-equity ratio of 0.20, a quick ratio of 3.97 and a current ratio of 3.97.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) last announced its earnings results on Tuesday, July 23rd. The transportation company reported $9.60 earnings per share for the quarter, beating the consensus estimate 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 firm had revenue of $357.51 million during the quarter. On average, sell-side analysts forecast that Grupo Aeroportuario del Sureste, S. A. B. de C. V. will post 22.95 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

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 note on Thursday, September 5th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $274.00.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in ASR. Parallel Advisors LLC grew its holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 116.7% in the 4th quarter. Parallel Advisors LLC now owns 221 shares of the transportation company’s stock valued at $65,000 after buying an additional 119 shares during the period. Blue Trust Inc. grew its holdings in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 64.7% during the 2nd quarter. Blue Trust Inc. now owns 313 shares of the transportation company’s stock worth $100,000 after purchasing an additional 123 shares during the period. PNC Financial Services Group Inc. grew its holdings in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 62.2% during the 4th quarter. PNC Financial Services Group Inc. now owns 840 shares of the transportation company’s stock worth $247,000 after purchasing an additional 322 shares during the period. Ballentine Partners LLC purchased a new stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the 1st quarter worth about $249,000. Finally, Sequoia Financial Advisors LLC grew its holdings in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 12.0% during the 1st quarter. Sequoia Financial Advisors LLC now owns 813 shares of the transportation company’s stock worth $259,000 after purchasing an additional 87 shares during the period. 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.