Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) Short Interest Up 24.8% in February

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) was the recipient of a large increase in short interest during the month of February. As of February 15th, there was short interest totalling 132,400 shares, an increase of 24.8% from the January 31st total of 106,100 shares. Based on an average trading volume of 51,200 shares, the days-to-cover ratio is currently 2.6 days. Approximately 0.5% of the company’s stock are sold short.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on ASR. Jefferies Financial Group lowered their price objective 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. 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.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. Stock Up 1.7 %

Shares of NYSE:ASR traded up $4.49 during trading on Wednesday, hitting $268.63. 50,830 shares of the company were exchanged, compared to its average volume of 51,736. 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 stock has a market cap of $8.06 billion, a price-to-earnings ratio of 10.13, a P/E/G ratio of 7.16 and a beta of 1.07. The company has a current ratio of 4.65, a quick ratio of 4.65 and a debt-to-equity ratio of 0.20. The firm has a fifty day moving average price of $271.00 and a two-hundred day moving average price of $271.24.

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 earnings per share for the quarter, missing analysts’ consensus estimates of $5.54 by ($0.06). 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%. The firm had revenue of $449.41 million for the quarter, compared to analyst estimates of $408.15 million. As a group, research analysts anticipate that Grupo Aeroportuario del Sureste, S. A. B. de C. V. will post 23 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. National Bank of Canada FI acquired a new stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the 3rd quarter valued at about $19,274,000. Fisher Funds Management LTD acquired a new stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the fourth quarter valued at approximately $13,464,000. AQR Capital Management LLC lifted its position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 16.4% in the fourth 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 last quarter. Proficio Capital Partners LLC bought a new position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the 4th quarter worth approximately $4,646,000. Finally, Arrowstreet Capital Limited Partnership acquired a new position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the 4th quarter worth approximately $4,187,000. 10.57% of the stock is currently owned by institutional investors and hedge funds.

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.