Stock Analysis

With 33% ownership, Grupo Aeroportuario del Sureste, S. A. B. de C. V. (BMV:ASURB) boasts of strong institutional backing

BMV:ASUR B
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Key Insights

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. And the group that holds the biggest piece of the pie are institutions with 33% ownership. Put another way, the group faces the maximum upside potential (or downside risk).

Because institutional owners have a huge pool of resources and liquidity, their investing decisions tend to carry a great deal 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.

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

ownership-breakdown
BMV:ASUR B Ownership Breakdown March 21st 2024

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. It is not uncommon to see a big share price drop if two large institutional investors try to sell out of a stock at the same time. So it is worth checking the past earnings trajectory of Grupo Aeroportuario del Sureste S. A. B. de C. V, (below). Of course, keep in mind that there are other factors to consider, too.

earnings-and-revenue-growth
BMV:ASUR B Earnings and Revenue Growth March 21st 2024

Grupo Aeroportuario del Sureste S. A. B. de C. V is not owned by hedge funds. Our data suggests that Fernando Chico Pardo, who is also the company's President, holds the most number of shares at 28%. When an insider holds a sizeable amount of a company's stock, investors consider it as a positive sign because it suggests that insiders are willing to have their wealth tied up in the future of the company. Operadora De Recursos Remer, S.A. De C.V is the second largest shareholder owning 12% of common stock, and Inversiones y Tecnicas Aeroportuarias, S.A. de C.V. holds about 7.7% of the company stock.

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.

While studying institutional ownership for a company can add value to your research, it is also a good practice to research analyst recommendations to get a deeper understand of a stock's expected performance. 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. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it.

Insider ownership is positive when it signals leadership are thinking like the true owners of the company. However, high insider ownership can also give immense power to a small group within the company. This can be negative in some circumstances.

Our information suggests that insiders maintain a significant holding in Grupo Aeroportuario del Sureste, S. A. B. de C. V.. It has a market capitalization of just Mex$153b, and insiders have Mex$43b worth of shares in their own names. That's quite significant. It is good to see this level of investment. You can check here to see if those insiders have been buying recently.

General Public Ownership

The general public-- including retail investors -- own 18% stake in the company, and hence can't easily be ignored. While this size of ownership may not be enough to sway a policy decision in their favour, they can still make a collective impact on company policies.

Private Company Ownership

Our data indicates that Private Companies hold 21%, of the company's shares. Private companies may be related parties. Sometimes insiders have an interest in a public company through a holding in a private company, rather than in their own capacity as an individual. While it's hard to draw any broad stroke conclusions, it is worth noting as an area for further research.

Next Steps:

It's always worth thinking about the different groups who own shares in a company. But to understand Grupo Aeroportuario del Sureste S. A. B. de C. V better, we need to consider many other factors. Case in point: We've spotted 1 warning sign for Grupo Aeroportuario del Sureste S. A. B. de C. V you should be aware of.

If you would prefer discover what analysts are predicting in terms of future growth, do not miss this free report on analyst forecasts.

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.

Valuation is complex, but we're helping make it simple.

Find out whether Grupo Aeroportuario del Sureste S. A. B. de C. V is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.

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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.