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) 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. Currently, 0.4% of the shares of the company are short sold. Based on an average daily volume of 37,700 shares, the short-interest ratio is presently 2.7 days.

Hedge Funds Weigh In On Grupo Aeroportuario del Sureste, S. A. B. de C. V.

Hedge funds and other institutional investors have recently modified their holdings of the business. Hsbc Holdings PLC lifted its stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 116.7% in the fourth quarter. Hsbc Holdings PLC now owns 92,230 shares of the transportation company’s stock valued at $27,134,000 after purchasing an additional 49,668 shares during the last quarter. Alpine Global Management LLC purchased a new position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the third quarter valued at approximately $1,303,000. ABS Direct Equity Fund LLC purchased a new position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the fourth quarter valued at approximately $2,030,000. Yorktown Management & Research Co Inc lifted its stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 29.9% in the fourth quarter. Yorktown Management & Research Co Inc now owns 1,390 shares of the transportation company’s stock valued at $409,000 after purchasing an additional 320 shares during the last quarter. Finally, Alberta Investment Management Corp lifted its stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 83.5% in the fourth 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 last quarter. Hedge funds and other institutional investors own 10.57% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on ASR shares. StockNews.com upgraded Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a “hold” rating to a “buy” rating in a research note on Tuesday, April 23rd. Barclays lowered 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. One 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. According to data from MarketBeat, Grupo Aeroportuario del Sureste, S. A. B. de C. V. presently has a consensus rating of “Moderate Buy” and an average target price of $274.00.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. Stock Up 0.6 %

Grupo Aeroportuario del Sureste, S. A. B. de C. V. stock traded up $1.68 during midday trading on Monday, reaching $301.20. The stock had a trading volume of 96,181 shares, compared to its average volume of 46,457. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a 12 month low of $165.00 and a 12 month high of $357.90. The company has a market capitalization of $9.04 billion, a P/E ratio of 14.31, a PEG ratio of 1.38 and a beta of 1.14. The company has a fifty day moving average price of $329.53 and a two-hundred day moving average price of $309.61. The company has a current ratio of 3.88, a quick ratio of 3.87 and a debt-to-equity ratio of 0.21.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) last issued its quarterly earnings data on Monday, April 22nd. The transportation company reported $6.21 EPS for the quarter. The firm had revenue of $438.09 million during the quarter. Grupo Aeroportuario del Sureste, S. A. B. de C. V. had a return on equity of 22.21% and a net margin of 40.21%. As a group, equities analysts expect 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 firm also recently announced an annual dividend, which will be paid on Monday, July 8th. Stockholders of record on Tuesday, June 25th will be paid 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 payout ratio is presently 51.16%.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. Company Profile

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.