Envestnet Asset Management Inc. Buys 1,436 Shares of Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC)

Envestnet Asset Management Inc. grew its holdings in shares of Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC - Free Report) by 21.8% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 8,018 shares of the transportation company's stock after purchasing an additional 1,436 shares during the period. Envestnet Asset Management Inc.'s holdings in Grupo Aeroportuario del Pacífico were worth $1,403,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Pitcairn Co. grew its stake in Grupo Aeroportuario del Pacífico by 8.0% during the 4th quarter. Pitcairn Co. now owns 4,677 shares of the transportation company's stock worth $818,000 after buying an additional 346 shares during the last quarter. Geode Capital Management LLC increased its holdings in shares of Grupo Aeroportuario del Pacífico by 6.1% in the 4th quarter. Geode Capital Management LLC now owns 2,615 shares of the transportation company's stock worth $458,000 after acquiring an additional 150 shares during the period. O Shaughnessy Asset Management LLC lifted its position in Grupo Aeroportuario del Pacífico by 8.5% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 7,551 shares of the transportation company's stock valued at $1,321,000 after purchasing an additional 590 shares during the last quarter. Arrowstreet Capital Limited Partnership boosted its stake in Grupo Aeroportuario del Pacífico by 317.2% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 95,750 shares of the transportation company's stock valued at $16,755,000 after purchasing an additional 72,798 shares during the period. Finally, LPL Financial LLC acquired a new stake in shares of Grupo Aeroportuario del Pacífico in the fourth quarter valued at approximately $470,000. 11.73% of the stock is owned by institutional investors and hedge funds.

Grupo Aeroportuario del Pacífico Price Performance

Shares of PAC traded down $1.23 during mid-day trading on Monday, hitting $204.31. The company's stock had a trading volume of 9,963 shares, compared to its average volume of 86,384. The company has a debt-to-equity ratio of 2.08, a current ratio of 1.50 and a quick ratio of 1.50. The firm has a 50-day moving average price of $189.96 and a 200 day moving average price of $186.80. 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 $207.81. The stock has a market capitalization of $10.32 billion, a price-to-earnings ratio of 20.31, a PEG ratio of 1.28 and a beta of 1.10.

Grupo Aeroportuario del Pacífico (NYSE:PAC - Get Free Report) last announced its earnings results on Tuesday, April 29th. The transportation company reported $2.72 EPS for the quarter, missing the consensus estimate of $3.13 by ($0.41). The company had revenue of $541.03 million for the quarter, compared to analysts' expectations of $554.93 million. Grupo Aeroportuario del Pacífico had a net margin of 27.04% and a return on equity of 43.75%. On average, research analysts predict that Grupo Aeroportuario del Pacífico, S.A.B. de C.V. will post 10 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the company. StockNews.com raised Grupo Aeroportuario del Pacífico from a "sell" rating to a "hold" rating in a report on Saturday, April 26th. Barclays reissued an "equal weight" rating on shares of Grupo Aeroportuario del Pacífico in a research note on Tuesday, January 21st. Jefferies Financial Group upgraded shares of Grupo Aeroportuario del Pacífico from an "underperform" rating to a "hold" rating and lifted their price objective for the company from $140.00 to $210.00 in a research note on Wednesday, February 12th. Finally, Bank of America lowered shares of Grupo Aeroportuario del Pacífico from a "buy" rating to a "neutral" rating in a research report on Tuesday, March 4th. One research analyst has rated the stock with a sell rating, five have given a hold rating, two have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $200.00.

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.