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) was the recipient of a significant increase in short interest in the month of April. As of April 15th, there was short interest totalling 142,500 shares, an increase of 30.0% from the March 31st total of 109,600 shares. Currently, 0.5% of the company’s shares are sold short. Based on an average daily volume of 54,500 shares, the days-to-cover ratio is presently 2.6 days.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group lowered their price objective on shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. from $321.00 to $310.00 and set a “hold” rating for the company in a research note on Wednesday, February 12th.

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

A number of hedge funds have recently made changes to their positions in the stock. JPMorgan Chase & Co. increased its holdings in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 2.7% during the fourth quarter. JPMorgan Chase & Co. now owns 249,572 shares of the transportation company’s stock valued at $64,297,000 after acquiring an additional 6,552 shares in the last quarter. AQR Capital Management LLC raised its holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 16.4% in the fourth quarter. AQR Capital Management LLC now owns 136,846 shares of the transportation company’s stock worth $35,256,000 after buying an additional 19,302 shares during the last quarter. Hsbc Holdings PLC raised its holdings in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 16.6% in the fourth quarter. Hsbc Holdings PLC now owns 106,311 shares of the transportation company’s stock worth $27,389,000 after buying an additional 15,112 shares during the last quarter. Fisher Funds Management LTD bought a new position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the fourth quarter worth approximately $13,464,000. Finally, Canada Pension Plan Investment Board increased its position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 27.9% during the fourth quarter. Canada Pension Plan Investment Board now owns 30,700 shares of the transportation company’s stock valued at $7,909,000 after acquiring an additional 6,700 shares in the last quarter. 10.57% of the stock is owned by institutional investors.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. Stock Down 0.7 %

Shares of NYSE ASR opened at $314.00 on Friday. The firm has a fifty day simple moving average of $281.21 and a two-hundred day simple moving average of $273.07. The firm has a market capitalization of $9.42 billion, a PE ratio of 11.84, a price-to-earnings-growth ratio of 7.16 and a beta of 0.73. The company has a current ratio of 4.65, a quick ratio of 4.65 and a debt-to-equity ratio of 0.20. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a 12 month low of $248.88 and a 12 month high of $356.90.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) last announced its earnings results on Tuesday, April 22nd. The transportation company reported $5.74 earnings per share (EPS) for the quarter, missing the consensus estimate of $5.77 by ($0.03). The firm had revenue of $430.05 million during the quarter, compared to the consensus estimate of $462.98 million. Grupo Aeroportuario del Sureste, S. A. B. de C. V. had a return on equity of 26.25% and a net margin of 50.08%. Equities analysts expect that Grupo Aeroportuario del Sureste, S. A. B. de C. V. will post 23 earnings per share for the current year.

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

The firm also recently announced an annual dividend, which will be paid on Monday, June 9th. Shareholders of record on Wednesday, May 28th will be paid a dividend of $24.585 per share. This is an increase from Grupo Aeroportuario del Sureste, S. A. B. de C. V.’s previous annual dividend of $5.60. The ex-dividend date of this dividend is Wednesday, May 28th. This represents a dividend yield of 8.6%. Grupo Aeroportuario del Sureste, S. A. B. de C. V.’s dividend payout ratio (DPR) is currently 40.26%.

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.