Short Interest in Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) Expands By 25.8%

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) was the target of 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 daily volume of 40,700 shares, the short-interest ratio is currently 3.4 days. Approximately 0.5% of the shares of the stock are sold short.

Analyst Upgrades and Downgrades

Separately, 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 research analyst has rated the stock with a sell rating, one has given a hold rating and five have assigned a buy rating to the company. According to MarketBeat, the stock 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. Trading Down 0.1 %

ASR stock traded down $0.43 during trading on Tuesday, hitting $295.70. 8,732 shares of the company traded hands, compared to its average volume of 44,527. The company has a debt-to-equity ratio of 0.20, a quick ratio of 3.97 and a current ratio of 3.97. The company has a 50-day moving average of $313.27 and a 200-day moving average of $311.91. The firm has a market capitalization of $8.87 billion, a PE ratio of 14.02, a P/E/G ratio of 2.47 and a beta of 1.14. 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.

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

The company also recently announced an annual dividend, which was paid on Monday, July 8th. Investors of record on Tuesday, June 25th were paid a $5.597 dividend. 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 payout ratio is 50.54%.

Institutional Investors Weigh In On Grupo Aeroportuario del Sureste, S. A. B. de C. V.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in ASR. SG Americas Securities LLC grew its position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 13.7% in the 4th quarter. SG Americas Securities LLC now owns 1,525 shares of the transportation company’s stock worth $449,000 after buying an additional 184 shares during the last quarter. Pacer Advisors Inc. increased its stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 66.1% in the 4th quarter. Pacer Advisors Inc. now owns 1,536 shares of the transportation company’s stock worth $452,000 after acquiring an additional 611 shares in the last quarter. Blue Trust Inc. grew its holdings in 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 worth $55,000 after purchasing an additional 72 shares during the period. Yorktown Management & Research Co Inc increased its stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 29.9% during 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 in the last quarter. Finally, Sequoia Financial Advisors LLC purchased a new position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the fourth quarter valued at approximately $214,000. 10.57% of the stock is currently owned by institutional investors.

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.