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

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

Grupo Aeroportuario del Sureste, S. A. B. de C. V. Trading Up 1.2 %

Grupo Aeroportuario del Sureste, S. A. B. de C. V. stock traded up $3.59 during trading hours on Wednesday, hitting $299.44. The stock had a trading volume of 57,819 shares, compared to its average volume of 46,745. The stock has a market cap of $8.98 billion, a price-to-earnings ratio of 13.99, a P/E/G ratio of 1.38 and a beta of 1.14. 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 business’s 50 day simple moving average is $328.41 and its 200-day simple moving average is $309.70. 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.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) last released its earnings results on Monday, April 22nd. The transportation company reported $6.21 earnings per share for the quarter. The business 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 predict that Grupo Aeroportuario del Sureste, S. A. B. de C. V. will post 23.43 EPS for the current fiscal year.

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

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

Institutional Trading of Grupo Aeroportuario del Sureste, S. A. B. de C. V.

Several institutional investors have recently made changes to their positions in the company. CWM LLC boosted its holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 227.8% during the fourth quarter. CWM LLC now owns 118 shares of the transportation company’s stock worth $35,000 after purchasing an additional 82 shares during the last quarter. Blue Trust Inc. grew its holdings in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 62.6% in the fourth quarter. Blue Trust Inc. now owns 187 shares of the transportation company’s stock valued at $55,000 after acquiring an additional 72 shares in the last quarter. Parallel Advisors LLC grew its holdings in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 116.7% in the fourth quarter. Parallel Advisors LLC now owns 221 shares of the transportation company’s stock valued at $65,000 after acquiring an additional 119 shares in the last quarter. Signaturefd LLC lifted its holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 53.5% during the fourth quarter. Signaturefd LLC now owns 413 shares of the transportation company’s stock worth $122,000 after acquiring an additional 144 shares during the period. Finally, Sequoia Financial Advisors LLC bought a new position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the 4th quarter valued at $214,000. Institutional investors own 10.57% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on ASR. Barclays cut Grupo Aeroportuario del Sureste, S. A. B. de C. V. from an “overweight” rating to an “equal weight” rating in a research note on Wednesday, March 13th. StockNews.com upgraded 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. One analyst has rated the stock with a sell rating, one has issued a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat, Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a consensus 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.