With 32% ownership of the shares, Grupo Aeroportuario del Sureste, S. A. B. de C. V. (BMV:ASURB) is heavily dominated by institutional owners

Key Insights

• Significantly high institutional ownership implies Grupo Aeroportuario del Sureste S. A. B. de C. V's stock price is sensitive to their trading actions
• 54% of the business is held by the top 4 shareholders
• Insiders own 28% of Grupo Aeroportuario del Sureste S. A. B. de C. V

If you want to know who really controls Grupo Aeroportuario del Sureste, S. A. B. de C. V. (BMV:ASURB), then you'll have to look at the makeup of its share registry. The group holding the most number of shares in the company, around 32% to be precise, is institutions. In other words, the group stands to gain the most (or lose the most) from their investment into the company.

Given the vast amount of money and research capacities at their disposal, institutional ownership tends to carry a lot of weight, especially with individual investors. Hence, having a considerable amount of institutional money invested in a company is often regarded as a desirable trait.

In the chart below, we zoom in on the different ownership groups of Grupo Aeroportuario del Sureste S. A. B. de C. V.

See our latest analysis for Grupo Aeroportuario del Sureste S. A. B. de C. V

What Does The Institutional Ownership Tell Us About Grupo Aeroportuario del Sureste S. A. B. de C. V?

Institutions typically measure themselves against a benchmark when reporting to their own investors, so they often become more enthusiastic about a stock once it's included in a major index. We would expect most companies to have some institutions on the register, especially if they are growing.

Grupo Aeroportuario del Sureste S. A. B. de C. V already has institutions on the share registry. Indeed, they own a respectable stake in the company. This can indicate that the company has a certain degree of credibility in the investment community. However, it is best to be wary of relying on the supposed validation that comes with institutional investors. They too, get it wrong sometimes. When multiple institutions own a stock, there's always a risk that they are in a 'crowded trade'. When such a trade goes wrong, multiple parties may compete to sell stock fast. This risk is higher in a company without a history of growth. You can see Grupo Aeroportuario del Sureste S. A. B. de C. V's historic earnings and revenue below, but keep in mind there's always more to the story.

Hedge funds don't have many shares in Grupo Aeroportuario del Sureste S. A. B. de C. V. From our data, we infer that the largest shareholder is Fernando Chico Pardo (who also holds the title of President) with 28% of shares outstanding. Its usually considered a good sign when insiders own a significant number of shares in the company, and in this case, we're glad to see a company insider play the role of a key stakeholder. With 12% and 7.7% of the shares outstanding respectively, Operadora De Recursos Remer, S.A. De C.V and Inversiones y Tecnicas Aeroportuarias, S.A. de C.V. are the second and third largest shareholders.

To make our study more interesting, we found that the top 4 shareholders control more than half of the company which implies that this group has considerable sway over the company's decision-making.

Researching institutional ownership is a good way to gauge and filter a stock's expected performance. The same can be achieved by studying analyst sentiments. Quite a few analysts cover the stock, so you could look into forecast growth quite easily.

Insider Ownership Of Grupo Aeroportuario del Sureste S. A. B. de C. V

The definition of an insider can differ slightly between different countries, but members of the board of directors always count. The company management answer to the board and the latter should represent the interests of shareholders. Notably, sometimes top-level managers are on the board themselves.

I generally consider insider ownership to be a good thing. However, on some occasions it makes it more difficult for other shareholders to hold the board accountable for decisions.

It seems insiders own a significant proportion of Grupo Aeroportuario del Sureste, S. A. B. de C. V.. It is very interesting to see that insiders have a meaningful Mex$48b stake in this Mex$171b business. Most would be pleased to see the board is investing alongside them. You may wish to access this free chart showing recent trading by insiders.

General Public Ownership

The general public, who are usually individual investors, hold a 18% stake in Grupo Aeroportuario del Sureste S. A. B. de C. V. While this group can't necessarily call the shots, it can certainly have a real influence on how the company is run.

Private Company Ownership

It seems that Private Companies own 21%, of the Grupo Aeroportuario del Sureste S. A. B. de C. V stock. It might be worth looking deeper into this. If related parties, such as insiders, have an interest in one of these private companies, that should be disclosed in the annual report. Private companies may also have a strategic interest in the company.

Next Steps:

While it is well worth considering the different groups that own a company, there are other factors that are even more important. To that end, you should be aware of the 1 warning sign we've spotted with Grupo Aeroportuario del Sureste S. A. B. de C. V .

Ultimately the future is most important. You can access this free report on analyst forecasts for the company.

NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com