Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) Short Interest Down 19.0% in February

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) saw a significant decrease in short interest in February. As of February 28th, there was short interest totalling 107,300 shares, a decrease of 19.0% from the February 13th total of 132,400 shares. Currently, 0.4% of the shares of the stock are sold short. Based on an average daily trading volume, of 50,100 shares, the short-interest ratio is currently 2.1 days.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. Trading Down 2.8 %

Grupo Aeroportuario del Sureste, S. A. B. de C. V. stock traded down $8.28 during midday trading on Tuesday, reaching $286.00. The stock had a trading volume of 70,775 shares, compared to its average volume of 42,415. 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 debt-to-equity ratio of 0.20, a current ratio of 4.65 and a quick ratio of 4.65. The firm has a market cap of $8.58 billion, a price-to-earnings ratio of 10.78, a PEG ratio of 7.16 and a beta of 1.07. The firm’s fifty day simple moving average is $272.72 and its two-hundred day simple moving average is $270.97.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) last issued its earnings results on Monday, February 24th. The transportation company reported $5.48 EPS for the quarter, missing the consensus estimate of $5.54 by ($0.06). The business had revenue of $449.41 million during the quarter, compared to analyst estimates of $408.15 million. Grupo Aeroportuario del Sureste, S. A. B. de C. V. had a return on equity of 26.25% and a net margin of 50.08%. Equities analysts anticipate that Grupo Aeroportuario del Sureste, S. A. B. de C. V. will post 23 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on ASR shares. Jefferies Financial Group reduced their price objective 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 note on Wednesday, February 12th. StockNews.com cut Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a “buy” rating to a “hold” rating in a research note on Thursday, November 21st.

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

Several institutional investors and hedge funds have recently bought and sold shares of ASR. JPMorgan Chase & Co. lifted its position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 2.7% in the fourth quarter. JPMorgan Chase & Co. now owns 249,572 shares of the transportation company’s stock worth $64,297,000 after purchasing an additional 6,552 shares in the last quarter. State Street Corp lifted its position in 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 worth $46,536,000 after buying an additional 7,070 shares in the last quarter. AQR Capital Management LLC boosted its stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 16.4% during the 4th quarter. AQR Capital Management LLC now owns 136,846 shares of the transportation company’s stock valued at $35,256,000 after buying an additional 19,302 shares during the period. Hsbc Holdings PLC grew its holdings in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 16.6% during the 4th quarter. Hsbc Holdings PLC now owns 106,311 shares of the transportation company’s stock valued at $27,389,000 after acquiring an additional 15,112 shares in the last quarter. Finally, National Bank of Canada FI acquired a new position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the third quarter worth $19,274,000. Hedge funds and other 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.