Short Interest in Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) Expands By 11.8%

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) saw a significant increase in short interest in the month of June. As of June 15th, there was short interest totalling 102,500 shares, an increase of 11.8% from the May 31st total of 91,700 shares. Based on an average trading volume of 37,700 shares, the short-interest ratio is presently 2.7 days. Approximately 0.4% of the shares of the company are short sold.

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

Several hedge funds and other institutional investors have recently bought and sold shares of ASR. CWM LLC boosted its stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 227.8% during the 4th quarter. CWM LLC now owns 118 shares of the transportation company’s stock valued at $35,000 after buying an additional 82 shares during the period. Blue Trust Inc. raised its stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 62.6% during the 4th quarter. Blue Trust Inc. now owns 187 shares of the transportation company’s stock worth $55,000 after purchasing an additional 72 shares in the last quarter. Parallel Advisors LLC grew its stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 116.7% in the 4th quarter. Parallel Advisors LLC now owns 221 shares of the transportation company’s stock valued at $65,000 after buying an additional 119 shares in the last quarter. Signaturefd LLC increased its holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 53.5% in the fourth quarter. Signaturefd LLC now owns 413 shares of the transportation company’s stock worth $122,000 after buying an additional 144 shares during the last quarter. Finally, Sequoia Financial Advisors LLC acquired a new position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the fourth quarter worth approximately $214,000. 10.57% of the stock is currently owned by institutional investors.

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

Grupo Aeroportuario del Sureste, S. A. B. de C. V. stock traded up $3.59 during mid-day trading on Wednesday, hitting $299.44. 57,799 shares of the company’s stock traded hands, compared to its average volume of 46,745. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a one year low of $165.00 and a one year high of $357.90. The firm has a 50 day moving average price of $328.41 and a 200 day moving average price of $309.70. The company has a quick ratio of 3.87, a current ratio of 3.88 and a debt-to-equity ratio of 0.21. The company has a market cap of $8.98 billion, a PE ratio of 13.99, a price-to-earnings-growth ratio of 1.38 and a beta of 1.14.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) last issued its quarterly earnings results on Monday, April 22nd. The transportation company reported $6.21 earnings per share for the quarter. The company had revenue of $438.09 million during the quarter. Grupo Aeroportuario del Sureste, S. A. B. de C. V. had a net margin of 40.21% and a return on equity of 22.21%. On average, equities analysts forecast that Grupo Aeroportuario del Sureste, S. A. B. de C. V. will post 23.43 EPS for the current year.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. Cuts Dividend

The company also recently disclosed an annual dividend, which will be paid on Monday, July 8th. Stockholders of record on Tuesday, June 25th will be issued a $5.597 dividend. The ex-dividend date is Tuesday, June 25th. This represents a dividend yield of 3.3%. Grupo Aeroportuario del Sureste, S. A. B. de C. V.’s dividend payout ratio (DPR) is 51.16%.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the company. StockNews.com raised Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a “hold” rating to a “buy” rating in a research report on Tuesday, April 23rd. Barclays downgraded shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. from an “overweight” rating to an “equal weight” rating in a research report on Wednesday, March 13th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $274.00.

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.