Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) Short Interest Up 17.1% in April

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) saw a significant growth in short interest in April. As of April 30th, there was short interest totalling 153,500 shares, a growth of 17.1% from the April 15th total of 131,100 shares. Approximately 0.6% of the shares of the stock are short sold. Based on an average daily volume of 43,400 shares, the short-interest ratio is currently 3.5 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Hsbc Holdings PLC raised its position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 116.7% during the 4th quarter. Hsbc Holdings PLC now owns 92,230 shares of the transportation company’s stock worth $27,134,000 after purchasing an additional 49,668 shares during the last quarter. Canada Pension Plan Investment Board boosted its holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 169.8% in the third quarter. Canada Pension Plan Investment Board now owns 28,600 shares of the transportation company’s stock valued at $7,027,000 after acquiring an additional 18,000 shares during the last quarter. Alberta Investment Management Corp increased its position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 83.5% during the 4th quarter. Alberta Investment Management Corp now owns 37,894 shares of the transportation company’s stock valued at $11,151,000 after purchasing an additional 17,244 shares during the period. Itau Unibanco Holding S.A. lifted its stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 34.5% in the 3rd quarter. Itau Unibanco Holding S.A. now owns 59,505 shares of the transportation company’s stock valued at $14,621,000 after purchasing an additional 15,268 shares during the period. Finally, Healthcare of Ontario Pension Plan Trust Fund boosted its stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 24.9% during the 3rd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 50,100 shares of the transportation company’s stock valued at $12,310,000 after purchasing an additional 10,000 shares during the last quarter. Institutional investors and hedge funds own 10.57% of the company’s stock.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. Trading Up 1.8 %

Shares of ASR stock traded up $6.41 during trading hours on Thursday, reaching $354.00. The company had a trading volume of 23,649 shares, compared to its average volume of 46,557. The company has a debt-to-equity ratio of 0.21, a current ratio of 3.88 and a quick ratio of 3.87. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a 1-year low of $165.00 and a 1-year high of $357.90. The firm has a market cap of $10.62 billion, a price-to-earnings ratio of 16.75, a P/E/G ratio of 3.34 and a beta of 1.14. The company has a 50 day moving average of $323.26 and a 200 day moving average of $288.23.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) last announced its earnings results on Monday, April 22nd. The transportation company reported $6.21 EPS for the quarter. The company had revenue of $438.09 million for 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 research analysts anticipate that Grupo Aeroportuario del Sureste, S. A. B. de C. V. will post 23.87 EPS for the current year.

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

The company also recently announced an annual dividend, which will be paid on Monday, June 10th. Shareholders of record on Tuesday, May 28th will be given a $5.727 dividend. The ex-dividend date is Friday, May 24th. This is an increase from Grupo Aeroportuario del Sureste, S. A. B. de C. V.’s previous annual dividend of $5.71. This represents a yield of 1.7%. Grupo Aeroportuario del Sureste, S. A. B. de C. V.’s dividend payout ratio (DPR) is currently 24.02%.

Analyst Upgrades and Downgrades

ASR has been the subject of several research analyst reports. StockNews.com upgraded shares of 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. The Goldman Sachs Group upgraded Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a “sell” rating to a “buy” rating and raised their price target for the company from $274.00 to $326.00 in a report on Friday, January 26th. Finally, Barclays lowered 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 given a buy rating to the company. Based on data from MarketBeat.com, Grupo Aeroportuario del Sureste, S. A. B. de C. V. currently has a consensus rating of “Moderate Buy” and an average price target 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.