American Century Companies Inc. Has $8.06 Million Position in Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC)

American Century Companies Inc. grew its position in shares of Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC - Free Report) by 5.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 46,033 shares of the transportation company's stock after purchasing an additional 2,366 shares during the quarter. American Century Companies Inc. owned approximately 0.09% of Grupo Aeroportuario del Pacífico worth $8,055,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Signaturefd LLC boosted its position in Grupo Aeroportuario del Pacífico by 32.1% during the 4th quarter. Signaturefd LLC now owns 333 shares of the transportation company's stock worth $58,000 after buying an additional 81 shares during the period. Fifth Third Bancorp raised its stake in shares of Grupo Aeroportuario del Pacífico by 327.4% during the fourth quarter. Fifth Third Bancorp now owns 359 shares of the transportation company's stock valued at $63,000 after acquiring an additional 275 shares during the last quarter. Blue Trust Inc. lifted its holdings in shares of Grupo Aeroportuario del Pacífico by 13.6% during the fourth quarter. Blue Trust Inc. now owns 443 shares of the transportation company's stock worth $78,000 after purchasing an additional 53 shares during the period. US Bancorp DE grew its stake in shares of Grupo Aeroportuario del Pacífico by 22.1% in the fourth quarter. US Bancorp DE now owns 547 shares of the transportation company's stock worth $96,000 after purchasing an additional 99 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. increased its holdings in Grupo Aeroportuario del Pacífico by 41.3% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 811 shares of the transportation company's stock valued at $144,000 after purchasing an additional 237 shares during the period. 11.73% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research analysts have commented on PAC shares. Jefferies Financial Group raised Grupo Aeroportuario del Pacífico from an "underperform" rating to a "hold" rating and lifted their target price for the stock from $140.00 to $210.00 in a report on Wednesday, February 12th. Barclays reaffirmed an "equal weight" rating on shares of Grupo Aeroportuario del Pacífico in a research note on Tuesday, January 21st. Bank of America downgraded shares of Grupo Aeroportuario del Pacífico from a "buy" rating to a "neutral" rating in a research report on Tuesday, March 4th. Finally, StockNews.com upgraded shares of Grupo Aeroportuario del Pacífico from a "sell" rating to a "hold" rating in a research report on Monday. One research analyst has rated the stock with a sell rating, five have given a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $200.00.

Grupo Aeroportuario del Pacífico Trading Down 1.9 %

NYSE PAC traded down $3.47 during trading hours on Tuesday, hitting $174.54. 175,483 shares of the company's stock were exchanged, compared to its average volume of 67,585. Grupo Aeroportuario del Pacífico, S.A.B. de C.V. has a 1-year low of $146.62 and a 1-year high of $205.35. The company has a current ratio of 1.50, a quick ratio of 1.50 and a debt-to-equity ratio of 2.08. The stock has a 50-day simple moving average of $189.68 and a 200 day simple moving average of $184.28. The firm has a market cap of $8.82 billion, a price-to-earnings ratio of 17.35, a PEG ratio of 1.28 and a beta of 1.11.

Grupo Aeroportuario del Pacífico Profile

Grupo Aeroportuario del Pacífico, SAB. de C.V., together with its subsidiaries, holds concessions to develop, operate, and manage airports in Mexico and Jamaica. The company operates twelve international airports in Guadalajara and Tijuana areas, Mexico; and two international airports in Montego Bay, Jamaica.