Company shares are trading at $177.69 which is a tad under the 50 day moving average which is $192.19 and which is significantly below the 200 day moving average of $199.22. The 50 day moving average was down by -7.55% and the 200 day average was down $-21.53. Grupo Aeroportuario del Sureste shares had a trading volume of 338 by the end of trading on Tuesday. Volume was down 99.47% under the stocks average daily volume.
Traders are a little more bearish on Grupo Aeroportuario del Sureste lately if you take into consideration the change in short interest. The stock recorded a rise in short interest from September 15, 2017 to September 29, 2017 of 0.78%. Short shares grew from 167,383 to 168,691 over that timeframe. With short interest at 168,691 and short average daily volume at 57,533, the short-interest ratio is 3.0 and the short interest percentage is 0.01% as of September 29.
These funds have shifted positions in (ASR). Hexavest Inc. cut its ownership by selling 1,002,730 shares a decrease of 25.4%. Hexavest Inc. currently owns 2,942,245 shares with a value of $5,129,000. The value of the position overall is down by 18.8%. As of the end of the quarter Cutler Group LP had sold 294 shares trimming its position 98.0%. The value in dollars decreased from $1,000 to $1,000 a change of $0 quarter to quarter.
As of quarter end Naples Global Advisors, LLC had disposed of a total of 50 shares trimming its holdings by 2.4%. The value of the investment in (ASR) went from $441,000 to $390,000 decreasing 11.6% for the reporting period. As of quarter end Bank Of Montreal /can/ had acquired a total of 100 shares growing its stake by 5.5%. The value of the company’s investment in Grupo Aeroportuario del Sureste decreased from $384,000 to $367,000 a change of 4.4% quarter over quarter.
The company is so far trading unchanged from yesterday’s close of 177.69. Additionally the company announced a dividend which was paid on Monday June 26th, 2017. The dividend payment was $0.840 per share for the quarter which is $3.36 annualized. This dividend represents a yield of $1.87. The ex-dividend date was Tuesday the 13th of June 2017.
Grupo Aeroportuario del Sureste currently has a P/E ratio of 21.96 and the market value is 5.33B. In the latest earnings report the EPS was $8.09 and is estimated to be $8.08 for the current year with 30,000,000 shares now outstanding. Analysts expect next quarter’s EPS to be $2.57 with next year’s EPS projected to be $9.14.
Grupo Aeroportuario del Sureste, S.A.B. de C.V. (ASUR), launched on April 30, 1998, is a holding company. The Company and its subsidiaries hold concessions to operate, maintain and develop approximately nine airports in the southeast region of Mexico. The Company operates through segments, including Cancun airport and subsidiaries (Cancun), the Villahermosa Airport (Villahermosa), the Merida airport (Merida) and Services. The airports are located in Cancun, Cozumel, Merida, Huatulco, Oaxaca, Veracruz, Villahermosa, Tapachula and Minatitlan. Approximately eight Mexican and over 80 international airlines, including the United States-based airlines, such as American Airlines and United Air Lines are operating directly or through code-sharing arrangements in the Business’s airports..