Aquatic Capital Management LLC increased its position in shares of Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC - Free Report) by 207.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,381 shares of the transportation company's stock after acquiring an additional 2,281 shares during the period. Aquatic Capital Management LLC's holdings in Grupo Aeroportuario del Pacífico were worth $592,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors have also recently bought and sold shares of the company. Geode Capital Management LLC lifted its holdings in shares of Grupo Aeroportuario del Pacífico by 7.6% during the 3rd quarter. Geode Capital Management LLC now owns 2,465 shares of the transportation company's stock valued at $429,000 after buying an additional 175 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in Grupo Aeroportuario del Pacífico by 26.2% in the third quarter. JPMorgan Chase & Co. now owns 2,158 shares of the transportation company's stock valued at $376,000 after acquiring an additional 448 shares during the last quarter. Northcape Capital Pty Ltd grew its position in Grupo Aeroportuario del Pacífico by 4.5% in the fourth quarter. Northcape Capital Pty Ltd now owns 171,841 shares of the transportation company's stock worth $30,070,000 after acquiring an additional 7,473 shares in the last quarter. Outlook Wealth Advisors LLC increased its stake in shares of Grupo Aeroportuario del Pacífico by 12.2% during the 4th quarter. Outlook Wealth Advisors LLC now owns 2,397 shares of the transportation company's stock worth $419,000 after purchasing an additional 261 shares during the last quarter. Finally, Janney Montgomery Scott LLC raised its holdings in shares of Grupo Aeroportuario del Pacífico by 7.1% during the 4th quarter. Janney Montgomery Scott LLC now owns 92,372 shares of the transportation company's stock valued at $16,164,000 after purchasing an additional 6,139 shares in the last quarter. Institutional investors and hedge funds own 11.73% of the company's stock.
Analyst Upgrades and Downgrades
Several research firms have commented on PAC. 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. StockNews.com raised Grupo Aeroportuario del Pacífico from a "sell" rating to a "hold" rating in a research note on Saturday, April 26th. Jefferies Financial Group upgraded Grupo Aeroportuario del Pacífico from an "underperform" rating to a "hold" rating and increased their price target for the company from $140.00 to $210.00 in a report on Wednesday, February 12th. Finally, Barclays reissued an "equal weight" rating on shares of Grupo Aeroportuario del Pacífico in a research report on Tuesday, January 21st. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $200.00.
Check Out Our Latest Analysis on Grupo Aeroportuario del Pacífico
Grupo Aeroportuario del Pacífico Stock Performance
NYSE:PAC traded up $0.05 during trading hours on Monday, hitting $205.59. 55,268 shares of the company traded hands, compared to its average volume of 70,619. The company has a current ratio of 1.50, a quick ratio of 1.50 and a debt-to-equity ratio of 2.08. Grupo Aeroportuario del Pacífico, S.A.B. de C.V. has a twelve month low of $146.62 and a twelve month high of $207.81. The firm has a 50-day moving average of $189.96 and a 200 day moving average of $186.80. The stock has a market capitalization of $10.39 billion, a price-to-earnings ratio of 20.44, a P/E/G ratio of 1.28 and a beta of 1.10.
Grupo Aeroportuario del Pacífico (NYSE:PAC - Get Free Report) last announced its quarterly earnings data on Tuesday, April 29th. The transportation company reported $2.72 EPS for the quarter, missing analysts' consensus estimates of $3.13 by ($0.41). Grupo Aeroportuario del Pacífico had a net margin of 27.04% and a return on equity of 43.75%. The company had revenue of $541.03 million for the quarter, compared to analyst estimates of $554.93 million. On average, analysts forecast that Grupo Aeroportuario del Pacífico, S.A.B. de C.V. will post 10 EPS for the current year.
About Grupo Aeroportuario del Pacífico
(
Free Report)
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.
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