Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC) Stock Holdings Raised by Albert D Mason Inc.

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

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Signaturefd LLC increased its holdings in Grupo Aeroportuario del Pacífico by 32.1% during the fourth quarter. Signaturefd LLC now owns 333 shares of the transportation company's stock valued at $58,000 after buying an additional 81 shares during the last quarter. Parallel Advisors LLC increased its holdings in Grupo Aeroportuario del Pacífico by 20.3% during the first quarter. Parallel Advisors LLC now owns 350 shares of the transportation company's stock valued at $65,000 after buying an additional 59 shares during the last quarter. Tower Research Capital LLC TRC increased its holdings in 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 valued at $71,000 after buying an additional 401 shares during the last quarter. Blue Trust Inc. increased its holdings 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 buying an additional 53 shares during the last quarter. Finally, US Bancorp DE increased its holdings 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 valued at $96,000 after buying an additional 99 shares during the last quarter. 11.73% of the stock is owned by hedge funds and other institutional investors.

Grupo Aeroportuario del Pacífico Price Performance

Shares of NYSE:PAC traded down $3.24 during midday trading on Friday, reaching $230.27. 138,467 shares of the company were exchanged, compared to its average volume of 75,802. The company has a current ratio of 1.50, a quick ratio of 1.50 and a debt-to-equity ratio of 2.08. The business's fifty day moving average is $212.17 and its two-hundred day moving average is $196.43. Grupo Aeroportuario del Pacífico, S.A.B. de C.V. has a one year low of $146.62 and a one year high of $241.62. The stock has a market cap of $11.64 billion, a PE ratio of 22.89, a price-to-earnings-growth ratio of 1.28 and a beta of 1.12.

Grupo Aeroportuario del Pacífico (NYSE:PAC - Get Free Report) last issued its earnings results on Tuesday, April 29th. The transportation company reported $2.72 earnings per share for the quarter, missing analysts' consensus estimates 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 company had revenue of $541.03 million for the quarter, compared to the consensus estimate of $554.93 million. As a group, analysts predict 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 Increases Dividend

The business also recently announced a semi-annual dividend, which was paid on Monday, June 9th. Investors of record on Tuesday, May 27th were given a dividend of $4.3222 per share. This is a positive change from Grupo Aeroportuario del Pacífico's previous semi-annual dividend of $3.87. The ex-dividend date was Tuesday, May 27th. This represents a dividend yield of 3.4%. Grupo Aeroportuario del Pacífico's dividend payout ratio is currently 40.89%.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on PAC shares. JPMorgan Chase & Co. upgraded shares of Grupo Aeroportuario del Pacífico from an "underweight" rating to a "neutral" rating in a research report on Friday, May 23rd. Wall Street Zen upgraded shares of Grupo Aeroportuario del Pacífico from a "hold" rating to a "buy" rating in a research report on Thursday, May 22nd. Bank of America lowered shares of Grupo Aeroportuario del Pacífico from a "neutral" rating to an "underperform" rating in a research report on Thursday. Finally, Scotiabank upgraded shares of Grupo Aeroportuario del Pacífico from a "sector perform" rating to a "sector outperform" rating in a research report on Monday, May 19th. One research analyst has rated the stock with a sell rating, three have issued a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $200.00.

About Grupo Aeroportuario del Pacífico

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.