Albert D Mason Inc. Purchases 2,321 Shares of Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC)

Albert D Mason Inc. lifted its stake in Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC - Free Report) by 20.9% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 13,416 shares of the transportation company's stock after purchasing an additional 2,321 shares during the quarter. Grupo Aeroportuario del Pacífico accounts for 1.7% of Albert D Mason Inc.'s portfolio, making the stock its 10th largest position. Albert D Mason Inc.'s holdings in Grupo Aeroportuario del Pacífico were worth $2,489,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Signaturefd LLC lifted its position in Grupo Aeroportuario del Pacífico by 32.1% in the 4th quarter. Signaturefd LLC now owns 333 shares of the transportation company's stock worth $58,000 after buying an additional 81 shares in the last quarter. Parallel Advisors LLC increased its stake in shares of Grupo Aeroportuario del Pacífico by 20.3% in the first quarter. Parallel Advisors LLC now owns 350 shares of the transportation company's stock worth $65,000 after acquiring an additional 59 shares during the last quarter. Tower Research Capital LLC TRC raised its holdings in shares of Grupo Aeroportuario del Pacífico by 8,020.0% during the fourth quarter. Tower Research Capital LLC TRC now owns 406 shares of the transportation company's stock worth $71,000 after acquiring an additional 401 shares in the last quarter. Blue Trust Inc. boosted its position in Grupo Aeroportuario del Pacífico by 13.6% during the fourth quarter. Blue Trust Inc. now owns 443 shares of the transportation company's stock valued at $78,000 after purchasing an additional 53 shares during the last quarter. Finally, US Bancorp DE grew its stake in Grupo Aeroportuario del Pacífico by 22.1% in the fourth quarter. US Bancorp DE now owns 547 shares of the transportation company's stock valued at $96,000 after purchasing an additional 99 shares in the last quarter. 11.73% of the stock is currently owned by institutional investors and hedge funds.

Grupo Aeroportuario del Pacífico Stock Performance

NYSE:PAC traded down $3.86 during midday trading on Monday, reaching $227.76. The stock had a trading volume of 95,661 shares, compared to its average volume of 75,987. The stock has a market capitalization of $11.51 billion, a P/E ratio of 22.64, a PEG ratio of 1.28 and a beta of 1.12. Grupo Aeroportuario del Pacífico, S.A.B. de C.V. has a 1-year low of $146.62 and a 1-year high of $241.62. 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's fifty day simple moving average is $213.29 and its 200-day simple moving average is $196.89.

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 (EPS) for the quarter, missing the consensus estimate of $3.13 by ($0.41). The business had revenue of $541.03 million during the quarter, compared to analyst estimates 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, equities research analysts forecast that Grupo Aeroportuario del Pacífico, S.A.B. de C.V. will post 10 EPS for the current fiscal year.

Grupo Aeroportuario del Pacífico Increases Dividend

The business also recently disclosed a semi-annual dividend, which was paid on Monday, June 9th. Stockholders of record on Tuesday, May 27th were paid a $4.3222 dividend. This is an increase from Grupo Aeroportuario del Pacífico's previous semi-annual dividend of $3.87. The ex-dividend date of this dividend was Tuesday, May 27th. This represents a dividend yield of 3.4%. Grupo Aeroportuario del Pacífico's dividend payout ratio (DPR) is presently 40.89%.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on PAC shares. JPMorgan Chase & Co. upgraded Grupo Aeroportuario del Pacífico from an "underweight" rating to a "neutral" rating in a report on Friday, May 23rd. Bank of America downgraded shares of Grupo Aeroportuario del Pacífico from a "neutral" rating to an "underperform" rating in a report on Thursday. Wall Street Zen upgraded shares of Grupo Aeroportuario del Pacífico from a "hold" rating to a "buy" rating in a report on Thursday, May 22nd. Finally, Scotiabank upgraded Grupo Aeroportuario del Pacífico from a "sector perform" rating to a "sector outperform" rating in a report on Monday, May 19th. One investment analyst has rated the stock with a sell rating, three have given a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" 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.