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 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. Currently, 0.6% of the shares of the company are sold short. Based on an average daily volume of 39,700 shares, the days-to-cover ratio is currently 3.9 days.

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

Shares of ASR traded down $1.06 during trading hours on Wednesday, reaching $288.20. 18,222 shares of the company’s stock traded hands, compared to its average volume of 43,271. The company has a current ratio of 3.97, a quick ratio of 3.97 and a debt-to-equity ratio of 0.20. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a 12 month low of $165.00 and a 12 month high of $357.90. The stock has a market cap of $8.65 billion, a PE ratio of 13.80, a price-to-earnings-growth ratio of 2.20 and a beta of 1.12. The firm’s 50 day simple moving average is $284.91 and its 200-day simple moving average is $307.50.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) last issued its quarterly earnings results on Tuesday, July 23rd. The transportation company reported $9.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.64 by $3.96. The firm had revenue of $357.51 million during the quarter. Grupo Aeroportuario del Sureste, S. A. B. de C. V. had a return on equity of 25.99% and a net margin of 49.57%. Equities analysts expect that Grupo Aeroportuario del Sureste, S. A. B. de C. V. will post 22.95 EPS for the current year.

Analysts Set New Price Targets

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 issued a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $274.00.

Institutional Investors Weigh In On Grupo Aeroportuario del Sureste, S. A. B. de C. V.

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. 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 worth $65,000 after acquiring an additional 119 shares during the last quarter. Blue Trust Inc. increased its holdings in 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 valued at $100,000 after purchasing an additional 123 shares during the period. PNC Financial Services Group Inc. raised its position in 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 valued at $247,000 after purchasing an additional 322 shares during the last quarter. Ballentine Partners LLC purchased a new stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the 1st quarter worth approximately $249,000. Finally, Sequoia Financial Advisors LLC grew its position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 12.0% in the 1st quarter. Sequoia Financial Advisors LLC now owns 813 shares of the transportation company’s stock worth $259,000 after buying an additional 87 shares during the last quarter. Institutional investors 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.