Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC) Shares Acquired by CANADA LIFE ASSURANCE Co

CANADA LIFE ASSURANCE Co boosted its holdings in Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC - Free Report) by 4.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 31,866 shares of the transportation company's stock after buying an additional 1,455 shares during the period. CANADA LIFE ASSURANCE Co owned 0.06% of Grupo Aeroportuario del Pacífico worth $5,580,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Northcape Capital Pty Ltd lifted its stake in shares of Grupo Aeroportuario del Pacífico by 4.5% during the fourth quarter. Northcape Capital Pty Ltd now owns 171,841 shares of the transportation company's stock worth $30,070,000 after purchasing an additional 7,473 shares in the last quarter. Arrowstreet Capital Limited Partnership boosted its holdings in Grupo Aeroportuario del Pacífico by 317.2% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 95,750 shares of the transportation company's stock worth $16,755,000 after acquiring an additional 72,798 shares during the period. Janney Montgomery Scott LLC grew its position in Grupo Aeroportuario del Pacífico by 7.1% in the fourth quarter. Janney Montgomery Scott LLC now owns 92,372 shares of the transportation company's stock valued at $16,164,000 after acquiring an additional 6,139 shares in the last quarter. Maryland State Retirement & Pension System raised its stake in shares of Grupo Aeroportuario del Pacífico by 5.8% during the fourth quarter. Maryland State Retirement & Pension System now owns 53,676 shares of the transportation company's stock valued at $9,393,000 after purchasing an additional 2,936 shares during the period. Finally, American Century Companies Inc. lifted its position in shares of Grupo Aeroportuario del Pacífico by 5.4% during the fourth quarter. American Century Companies Inc. now owns 46,033 shares of the transportation company's stock worth $8,055,000 after purchasing an additional 2,366 shares in the last quarter. Hedge funds and other institutional investors own 11.73% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on PAC shares. Bank of America lowered shares of Grupo Aeroportuario del Pacífico from a "buy" rating to a "neutral" rating in a report on Tuesday, March 4th. Jefferies Financial Group upgraded Grupo Aeroportuario del Pacífico from an "underperform" rating to a "hold" rating and boosted their price target for the stock 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, StockNews.com raised Grupo Aeroportuario del Pacífico from a "sell" rating to a "hold" rating in a research report on Saturday. One investment analyst has rated the stock with a sell rating, five have issued a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $200.00.

Grupo Aeroportuario del Pacífico Stock Down 0.7 %

NYSE PAC traded down $1.33 on Tuesday, hitting $200.53. 3,766 shares of the stock traded hands, compared to its average volume of 69,507. The company has a market capitalization of $10.13 billion, a P/E ratio of 19.88, a price-to-earnings-growth ratio of 1.28 and a beta of 1.11. The stock has a 50-day moving average of $189.45 and a 200 day moving average of $186.00. 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 $206.79.

Grupo Aeroportuario del Pacífico (NYSE:PAC - Get Free Report) last released its quarterly earnings data on Monday, April 28th. The transportation company reported $2.72 EPS for the quarter, missing analysts' consensus estimates of $3.03 by ($0.31). Grupo Aeroportuario del Pacífico had a return on equity of 43.75% and a net margin of 27.04%. As a group, analysts expect that Grupo Aeroportuario del Pacífico, S.A.B. de C.V. will post 10 earnings per share for the current fiscal year.

Grupo Aeroportuario del Pacífico Company 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.