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

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) was the target of a significant growth in short interest in January. As of January 31st, there was short interest totalling 106,100 shares, a growth of 8.2% from the January 15th total of 98,100 shares. Based on an average daily volume of 50,400 shares, the days-to-cover ratio is currently 2.1 days. Currently, 0.4% of the company’s stock are short sold.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on ASR. 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 report on Thursday, November 21st. Jefferies Financial Group reduced their target price on shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. from $321.00 to $310.00 and set a “hold” rating on the stock in a report on Wednesday, February 12th.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. Stock Up 1.1 %

NYSE:ASR traded up $3.03 during mid-day trading on Tuesday, hitting $286.14. The stock had a trading volume of 24,153 shares, compared to its average volume of 54,279. The stock has a 50-day simple moving average of $270.03 and a two-hundred day simple moving average of $271.43. The company has a market capitalization of $8.58 billion, a PE 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 twelve month low of $248.88 and a twelve month 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.

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

Hedge funds have recently added to or reduced their stakes in the company. The Manufacturers Life Insurance Company acquired a new stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the third quarter valued at approximately $534,000. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the third quarter worth approximately $632,000. Blue Trust Inc. lifted its position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 117.9% during the 3rd quarter. Blue Trust Inc. now owns 682 shares of the transportation company’s stock worth $204,000 after buying an additional 369 shares during the last quarter. SG Americas Securities LLC boosted its holdings in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 163.5% in the 4th quarter. SG Americas Securities LLC now owns 1,839 shares of the transportation company’s stock valued at $474,000 after buying an additional 1,141 shares in the last quarter. Finally, State Street Corp boosted its holdings in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 4.5% in the 3rd quarter. State Street Corp now owns 164,576 shares of the transportation company’s stock valued at $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.