Short Interest in Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) Rises By 25.7%

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASRGet Rating) saw a significant increase in short interest in April. As of April 30th, there was short interest totalling 97,300 shares, an increase of 25.7% from the April 15th total of 77,400 shares. Approximately 0.4% of the company’s shares are short sold. Based on an average daily volume of 46,700 shares, the days-to-cover ratio is presently 2.1 days.

Shares of NYSE:ASR opened at $213.93 on Thursday. The firm has a 50 day moving average of $209.38 and a 200-day moving average of $205.42. The company has a debt-to-equity ratio of 0.26, a quick ratio of 3.32 and a current ratio of 3.32. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a 12 month low of $165.48 and a 12 month high of $230.80.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASRGet Rating) last released its quarterly earnings data on Monday, April 25th. The transportation company reported $3.67 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.60 by $1.07. The business had revenue of $272.50 million during the quarter, compared to analysts’ expectations of $261.87 million. Grupo Aeroportuario del Sureste, S. A. B. de C. V. had a net margin of 33.99% and a return on equity of 16.19%. As a group, equities research analysts predict that Grupo Aeroportuario del Sureste, S. A. B. de C. V. will post 12.74 earnings per share for the current fiscal year.

The business also recently disclosed an annual dividend, which will be paid on Monday, June 13th. Investors of record on Tuesday, May 31st will be given a dividend of $7.4113 per share. This represents a yield of 4.9%. This is a boost from Grupo Aeroportuario del Sureste, S. A. B. de C. V.’s previous annual dividend of $5.25. The ex-dividend date is Friday, May 27th. Grupo Aeroportuario del Sureste, S. A. B. de C. V.’s dividend payout ratio is currently 30.29%.

A number of equities research analysts recently commented on the stock. Bradesco Corretora lowered shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. to a “hold” rating and set a $230.00 price objective on the stock. in a report on Tuesday, February 8th. Zacks Investment Research raised shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a “hold” rating to a “strong-buy” rating and set a $214.00 price objective for the company in a research report on Tuesday, March 8th. Finally, StockNews.com raised shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a “hold” rating to a “buy” rating in a research report on Friday, April 29th. Five investment analysts have rated the stock with a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $218.20.

Hedge funds have recently added to or reduced their stakes in the stock. Bellevue Group AG acquired a new position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the 4th quarter worth approximately $28,000. Addison Advisors LLC acquired a new position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the 1st quarter valued at approximately $39,000. Wells Fargo & Company MN increased its position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 38.2% in the 4th quarter. Wells Fargo & Company MN now owns 286 shares of the transportation company’s stock valued at $59,000 after acquiring an additional 79 shares during the period. Salem Investment Counselors Inc. bought a new stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the 4th quarter valued at $108,000. Finally, Barclays PLC bought a new stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the 3rd quarter valued at $103,000.

About Grupo Aeroportuario del Sureste, S. A. B. de C. V. (Get Rating)

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 nine airports that are located in the cities of Cancún, Cozumel, Mérida, Huatulco, Oaxaca, Veracruz, Villahermosa, Tapachula, and Minatitlan.

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