Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) Short Interest Update

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) saw a significant growth in short interest in July. As of July 15th, there was short interest totalling 140,100 shares, a growth of 25.8% from the June 30th total of 111,400 shares. Based on an average trading volume of 40,700 shares, the short-interest ratio is presently 3.4 days. Approximately 0.5% of the company’s stock are short sold.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. CWM LLC lifted its holdings in shares of 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 buying an additional 82 shares during the last quarter. Blue Trust Inc. lifted its position 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 buying an additional 72 shares during the period. Parallel Advisors LLC grew its holdings 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 worth $65,000 after purchasing an additional 119 shares during the last quarter. Signaturefd LLC lifted its holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 53.5% during the 4th quarter. Signaturefd LLC now owns 413 shares of the transportation company’s stock valued at $122,000 after purchasing 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 valued at about $214,000. 10.57% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, 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 report on Tuesday, April 23rd. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Grupo Aeroportuario del Sureste, S. A. B. de C. V. currently has an average rating of “Moderate Buy” and an average price target of $274.00.

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 $0.93 during trading hours on Friday, reaching $304.10. 24,222 shares of the company were exchanged, compared to its average volume of 36,402. 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 current ratio of 3.97, a quick ratio of 3.87 and a debt-to-equity ratio of 0.20. The stock has a 50-day moving average of $314.44 and a 200 day moving average of $311.61. The firm has a market cap of $9.12 billion, a price-to-earnings ratio of 14.38, a PEG ratio of 2.47 and a beta of 1.13.

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

The company also recently disclosed an annual dividend, which was paid on Monday, July 8th. Investors of record on Tuesday, June 25th were issued a dividend of $5.597 per share. This represents a dividend yield of 3.3%. The ex-dividend date was Tuesday, June 25th. Grupo Aeroportuario del Sureste, S. A. B. de C. V.’s dividend payout ratio is currently 50.54%.

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.