Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) Sees Significant Drop in Short Interest

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) saw a large drop in short interest in the month of November. As of November 30th, there was short interest totalling 151,500 shares, a drop of 5.3% from the November 15th total of 160,000 shares. Currently, 0.6% of the shares of the company are short sold. Based on an average trading volume of 41,500 shares, the short-interest ratio is currently 3.7 days.

Analysts Set New Price Targets

Separately, StockNews.com downgraded 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.

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

ASR opened at $273.63 on Wednesday. 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 business has a fifty day simple moving average of $268.04 and a 200 day simple moving average of $282.95. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a 1 year low of $248.88 and a 1 year high of $357.90. The company has a market capitalization of $8.21 billion, a PE ratio of 10.31, a price-to-earnings-growth ratio of 4.16 and a beta of 1.10.

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

Institutional investors have recently modified their holdings of the business. Blue Trust Inc. increased its position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 64.7% in 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 during the period. Public Employees Retirement System of Ohio acquired a new stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the third quarter worth about $112,000. Quantbot Technologies LP bought a new position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the 3rd quarter valued at about $177,000. Malaga Cove Capital LLC acquired a new position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the 3rd quarter valued at approximately $209,000. Finally, HighTower Advisors LLC lifted its holdings in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 5.4% during the 3rd quarter. HighTower Advisors LLC now owns 1,004 shares of the transportation company’s stock worth $285,000 after acquiring an additional 51 shares during the period. Institutional investors 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.