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2,763 Shares in Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC) Bought by Barclays PLC

Grupo Aeroportuario del Pacífico logo with Transportation background

Barclays PLC bought a new position in Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 2,763 shares of the transportation company's stock, valued at approximately $483,000.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Signaturefd LLC boosted its stake in shares of 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 acquiring an additional 81 shares in the last quarter. Fifth Third Bancorp lifted its holdings in Grupo Aeroportuario del Pacífico by 327.4% in the 4th quarter. Fifth Third Bancorp now owns 359 shares of the transportation company's stock worth $63,000 after purchasing an additional 275 shares during the last quarter. Blue Trust Inc. lifted its holdings in Grupo Aeroportuario del Pacífico by 13.6% in the 4th 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 last quarter. US Bancorp DE boosted its position in Grupo Aeroportuario del Pacífico by 22.1% during 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 period. Finally, Mirae Asset Global Investments Co. Ltd. lifted its stake in shares of 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 worth $144,000 after buying an additional 237 shares during the last quarter. Institutional investors and hedge funds own 11.73% of the company's stock.

Grupo Aeroportuario del Pacífico Trading Down 0.9%

Grupo Aeroportuario del Pacífico stock traded down $2.06 during trading hours on Monday, reaching $214.82. 68,641 shares of the company's stock traded hands, compared to its average volume of 71,528. The firm has a market capitalization of $10.85 billion, a price-to-earnings ratio of 21.35, a PEG ratio of 1.28 and a beta of 1.10. The company has a debt-to-equity ratio of 2.08, a quick ratio of 1.50 and a current ratio of 1.50. Grupo Aeroportuario del Pacífico, S.A.B. de C.V. has a fifty-two week low of $146.62 and a fifty-two week high of $224.41. The firm's 50 day moving average is $192.99 and its 200-day moving average is $188.55.

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 earnings per share (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 business had revenue of $541.03 million during the quarter, compared to the consensus estimate of $554.93 million. On average, analysts predict that Grupo Aeroportuario del Pacífico, S.A.B. de C.V. will post 10 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on PAC. StockNews.com raised shares of Grupo Aeroportuario del Pacífico from a "sell" rating to a "hold" rating in a report on Saturday, April 26th. Jefferies Financial Group upgraded shares of Grupo Aeroportuario del Pacífico from an "underperform" rating to a "hold" rating and increased their target price for the company from $140.00 to $210.00 in a research note on Wednesday, February 12th. Barclays restated an "equal weight" rating on shares of Grupo Aeroportuario del Pacífico in a research note on Tuesday, January 21st. Finally, Bank of America downgraded Grupo Aeroportuario del Pacífico from a "buy" rating to a "neutral" rating in a research report on Tuesday, March 4th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating, two have given a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $200.00.

Get Our Latest Analysis on Grupo Aeroportuario del Pacífico

Grupo Aeroportuario del Pacífico Profile

(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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Institutional Ownership by Quarter for Grupo Aeroportuario del Pacífico (NYSE:PAC)

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