Dimensional Fund Advisors LP Sells 4,086 Shares of Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC)

Dimensional Fund Advisors LP lowered its holdings in shares of Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC - Free Report) by 2.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 135,402 shares of the transportation company's stock after selling 4,086 shares during the period. Dimensional Fund Advisors LP owned approximately 0.27% of Grupo Aeroportuario del Pacífico worth $23,698,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Northcape Capital Pty Ltd boosted its stake in 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 acquiring an additional 7,473 shares in the last quarter. Kestra Private Wealth Services LLC raised its holdings in Grupo Aeroportuario del Pacífico by 7.1% in the 4th quarter. Kestra Private Wealth Services LLC now owns 2,908 shares of the transportation company's stock worth $509,000 after acquiring an additional 194 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its position in Grupo Aeroportuario del Pacífico by 41.3% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 811 shares of the transportation company's stock valued at $144,000 after acquiring an additional 237 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in Grupo Aeroportuario del Pacífico by 26.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,158 shares of the transportation company's stock valued at $376,000 after purchasing an additional 448 shares during the last quarter. Finally, Janney Montgomery Scott LLC increased its holdings in shares of Grupo Aeroportuario del Pacífico by 7.1% in the 4th quarter. Janney Montgomery Scott LLC now owns 92,372 shares of the transportation company's stock worth $16,164,000 after purchasing an additional 6,139 shares in the last quarter. Institutional investors own 11.73% of the company's stock.

Analyst Upgrades and Downgrades

PAC has been the subject of a number of research analyst reports. 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. Bank of America lowered Grupo Aeroportuario del Pacífico from a "buy" rating to a "neutral" rating in a report on Tuesday, March 4th. Barclays reissued an "equal weight" rating on shares of Grupo Aeroportuario del Pacífico in a research report on Tuesday, January 21st. Finally, StockNews.com raised Grupo Aeroportuario del Pacífico from a "sell" rating to a "hold" rating in a report on Saturday, April 26th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating, two have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of $200.00.

Grupo Aeroportuario del Pacífico Trading Down 1.0%

Shares of NYSE:PAC traded down $2.25 during trading on Monday, hitting $214.64. The company had a trading volume of 4,142 shares, compared to its average volume of 71,279. The stock has a market cap of $10.85 billion, a price-to-earnings ratio of 21.34, a price-to-earnings-growth ratio of 1.28 and a beta of 1.10. Grupo Aeroportuario del Pacífico, S.A.B. de C.V. has a one year low of $146.62 and a one year high of $224.41. The company has a fifty day simple moving average of $192.45 and a two-hundred day simple moving average of $188.25. The company has a debt-to-equity ratio of 2.08, a current ratio of 1.50 and a quick ratio of 1.50.

Grupo Aeroportuario del Pacífico (NYSE:PAC - Get Free Report) last issued its quarterly earnings results on Tuesday, April 29th. The transportation company reported $2.72 earnings per share for the quarter, missing the consensus estimate of $3.13 by ($0.41). Grupo Aeroportuario del Pacífico had a return on equity of 43.75% and a net margin of 27.04%. The business had revenue of $541.03 million during the quarter, compared to analysts' expectations of $554.93 million. As a group, equities analysts forecast that Grupo Aeroportuario del Pacífico, S.A.B. de C.V. will post 10 earnings per share for the current 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.