Short Interest in Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) Decreases By 11.4%

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) saw a large decline in short interest during the month of September. As of September 30th, there was short interest totalling 149,400 shares, a decline of 11.4% from the September 15th total of 168,700 shares. Approximately 0.5% of the shares of the company are short sold. Based on an average daily volume of 35,500 shares, the short-interest ratio is presently 4.2 days.

Analyst Ratings Changes

Separately, StockNews.com raised Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a “hold” rating to a “buy” rating in a report on Thursday, September 5th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $274.00.

Hedge Funds Weigh In On Grupo Aeroportuario del Sureste, S. A. B. de C. V.

Large investors have recently made changes to their positions in the company. Sequoia Financial Advisors LLC increased its holdings in 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 acquiring an additional 87 shares in the last quarter. Maryland State Retirement & Pension System grew its position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 0.4% in the first quarter. Maryland State Retirement & Pension System now owns 21,992 shares of the transportation company’s stock valued at $6,691,000 after purchasing an additional 98 shares during the period. Blue Trust Inc. increased its stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 64.7% during the second quarter. Blue Trust Inc. now owns 313 shares of the transportation company’s stock worth $100,000 after purchasing an additional 123 shares in the last quarter. Vanguard Personalized Indexing Management LLC raised its position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 10.8% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 1,697 shares of the transportation company’s stock worth $504,000 after purchasing an additional 166 shares during the last quarter. Finally, Creative Planning increased its stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 7.2% during the 2nd quarter. Creative Planning now owns 3,509 shares of the transportation company’s stock worth $1,051,000 after buying an additional 235 shares in the last quarter. 10.57% of the stock is currently owned by institutional investors and hedge funds.

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

NYSE:ASR opened at $281.09 on Tuesday. The firm’s fifty day moving average is $276.66 and its two-hundred day moving average is $304.84. The firm has a market cap of $8.43 billion, a price-to-earnings ratio of 13.29, a PEG ratio of 2.25 and a beta of 1.12. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a one year low of $203.77 and a one year high of $357.90. 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 posted its earnings results on Tuesday, July 23rd. The transportation company reported $9.60 EPS for the quarter, topping the consensus estimate of $5.64 by $3.96. 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%. The firm had revenue of $357.51 million for the quarter. Research analysts expect that Grupo Aeroportuario del Sureste, S. A. B. de C. V. will post 22.95 EPS for the current year.

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.