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

by · The Cerbat Gem

Grupo Aeroportuario del Sureste, S.A. de C.V. (NYSE:ASR – Get Free Report) was the target of a significant decline in short interest in August. As of August 15th, there was short interest totaling 81,400 shares, adeclineof44.2% from the July 31st total of 145,800 shares. Based on an average daily trading volume, of 89,000 shares, the days-to-cover ratio is currently 0.9 days. Currently,0.3% of the company’s shares are sold short. Currently,0.3% of the company’s shares are sold short. Based on an average daily trading volume, of 89,000 shares, the days-to-cover ratio is currently 0.9 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the business. US Bancorp DE boosted its position in shares of Grupo Aeroportuario del Sureste by 4.4% during the 1st quarter. US Bancorp DE now owns 730 shares of the transportation company’s stock worth $200,000 after acquiring an additional 31 shares in the last quarter. Signaturefd LLC boosted its position in shares of Grupo Aeroportuario del Sureste by 8.2% during the 2nd quarter. Signaturefd LLC now owns 474 shares of the transportation company’s stock worth $151,000 after acquiring an additional 36 shares in the last quarter. Blue Trust Inc. boosted its position in shares of Grupo Aeroportuario del Sureste by 7.8% during the 1st quarter. Blue Trust Inc. now owns 524 shares of the transportation company’s stock worth $143,000 after acquiring an additional 38 shares in the last quarter. Renaissance Group LLC boosted its position in shares of Grupo Aeroportuario del Sureste by 0.3% during the 2nd quarter. Renaissance Group LLC now owns 17,123 shares of the transportation company’s stock worth $5,460,000 after acquiring an additional 45 shares in the last quarter. Finally, Fortune Financial Advisors LLC boosted its position in shares of Grupo Aeroportuario del Sureste by 1.0% during the 2nd quarter. Fortune Financial Advisors LLC now owns 4,961 shares of the transportation company’s stock worth $1,582,000 after acquiring an additional 48 shares in the last quarter. 10.57% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, Scotiabank cut Grupo Aeroportuario del Sureste from a “sector outperform” rating to a “sector perform” rating in a research note on Monday, May 19th. Two research analysts have rated the stock with a Hold rating, According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $310.00.

Get Our Latest Report on Grupo Aeroportuario del Sureste

Grupo Aeroportuario del Sureste Trading Up 1.3%

ASR opened at $339.97 on Monday. Grupo Aeroportuario del Sureste has a 12 month low of $248.88 and a 12 month high of $360.00. The stock has a market capitalization of $10.20 billion, a price-to-earnings ratio of 16.38, a PEG ratio of 8.68 and a beta of 0.76. The company has a debt-to-equity ratio of 0.18, a current ratio of 5.16 and a quick ratio of 5.16. The business has a fifty day moving average price of $316.33 and a 200 day moving average price of $305.46.

Grupo Aeroportuario del Sureste (NYSE:ASR – Get Free Report) last released its earnings results on Tuesday, July 22nd. The transportation company reported $3.80 EPS for the quarter, missing the consensus estimate of $6.01 by ($2.21). The company had revenue of $464.62 million for the quarter, compared to analyst estimates of $8.98 billion. Grupo Aeroportuario del Sureste had a return on equity of 19.91% and a net margin of 37.14%. Sell-side analysts expect that Grupo Aeroportuario del Sureste will post 23 earnings per share for the current fiscal year.

Grupo Aeroportuario del Sureste Announces Dividend

The firm also recently disclosed a special dividend, which will be paid on Friday, October 10th. Stockholders of record on Monday, September 29th will be given a dividend of $8.0427 per share. This represents a dividend yield of 920.0%. The ex-dividend date of this dividend is Monday, September 29th. Grupo Aeroportuario del Sureste’s dividend payout ratio is currently 111.52%.

Grupo Aeroportuario del Sureste Company Profile

(Get Free Report)

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.

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