Short Interest in Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) Rises 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. Based on an average trading volume of 50,400 shares, the days-to-cover ratio is currently 2.1 days. Approximately 0.4% of the shares of the company are short sold.

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

Shares of ASR traded up $2.38 during mid-day trading on Tuesday, hitting $285.49. The stock had a trading volume of 3,087 shares, compared to its average volume of 53,594. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a fifty-two week low of $248.88 and a fifty-two week high of $357.90. The company has a market cap of $8.56 billion, a PE ratio of 10.76, a PEG ratio of 7.23 and a beta of 1.09. The company has a quick ratio of 4.65, a current ratio of 4.65 and a debt-to-equity ratio of 0.20. The company’s fifty day simple moving average is $269.62 and its two-hundred day simple moving average is $271.38.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on ASR. StockNews.com lowered 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 decreased their target price on 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 research report on Wednesday, February 12th.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. The Manufacturers Life Insurance Company acquired a new position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the 3rd quarter valued at approximately $534,000. Connor Clark & Lunn Investment Management Ltd. acquired a new position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the 3rd quarter valued at approximately $632,000. Blue Trust Inc. boosted its position in 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 valued at $204,000 after purchasing an additional 369 shares during the period. SG Americas Securities LLC boosted its position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 163.5% during the 4th quarter. SG Americas Securities LLC now owns 1,839 shares of the transportation company’s stock valued at $474,000 after purchasing an additional 1,141 shares during the period. Finally, State Street Corp boosted its position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 4.5% during the 3rd quarter. State Street Corp now owns 164,576 shares of the transportation company’s stock worth $46,536,000 after acquiring an additional 7,070 shares during the period. Institutional investors and hedge funds own 10.57% of the company’s stock.

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.