Grupo Aeroportuario Del Pacifico, S.A. de C.V. $PAC Position Lessened by ABS Direct Equity Fund LLC

Key Points

• ABS Direct Equity Fund trimmed its stake in Grupo Aeroportuario Del Pacífico (NYSE:PAC) by 28.7% in Q4, selling 4,120 shares and leaving it with 10,260 shares worth $2.705M, about 3.2% of the fund’s portfolio and its 14th largest holding.
• Other institutions increased or initiated large positions—most notably Lazard Asset Management now owns 947,581 shares (~$224.8M), while UBS AM and Fisher Funds purchased new stakes of roughly $30.5M and $25.9M respectively—bringing total institutional ownership to 11.73%.
• PAC trades near $246.74 (52‑week range $196.88–$300.41) with a $12.47B market cap and P/E of 22.1; the company reported quarterly EPS of $3.72 and analysts have a consensus rating of "Hold" (2 Buys, 4 Holds).

ABS Direct Equity Fund LLC trimmed its position in shares of Grupo Aeroportuario Del Pacifico, S.A. de C.V. (NYSE:PAC - Free Report) by 28.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,260 shares of the transportation company's stock after selling 4,120 shares during the period. Grupo Aeroportuario Del Pacifico comprises approximately 3.2% of ABS Direct Equity Fund LLC's portfolio, making the stock its 14th biggest holding. ABS Direct Equity Fund LLC's holdings in Grupo Aeroportuario Del Pacifico were worth $2,705,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of PAC. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC purchased a new stake in shares of Grupo Aeroportuario Del Pacifico during the third quarter worth $30,453,000. Lazard Asset Management LLC raised its holdings in shares of Grupo Aeroportuario Del Pacifico by 13.4% during the third quarter. Lazard Asset Management LLC now owns 947,581 shares of the transportation company's stock worth $224,757,000 after acquiring an additional 112,212 shares in the last quarter. Fisher Funds Management LTD purchased a new stake in shares of Grupo Aeroportuario Del Pacifico during the fourth quarter worth $25,933,000. Arrowstreet Capital Limited Partnership raised its holdings in Grupo Aeroportuario Del Pacifico by 39.4% during the third quarter. Arrowstreet Capital Limited Partnership now owns 118,236 shares of the transportation company's stock valued at $28,044,000 after buying an additional 33,405 shares in the last quarter. Finally, Qube Research & Technologies Ltd raised its holdings in Grupo Aeroportuario Del Pacifico by 232.0% during the second quarter. Qube Research & Technologies Ltd now owns 37,348 shares of the transportation company's stock valued at $8,576,000 after buying an additional 26,099 shares in the last quarter. 11.73% of the stock is currently owned by hedge funds and other institutional investors.

Grupo Aeroportuario Del Pacifico Price Performance

NYSE PAC opened at $246.74 on Thursday. Grupo Aeroportuario Del Pacifico, S.A. de C.V. has a fifty-two week low of $196.88 and a fifty-two week high of $300.41. The stock's 50-day moving average is $248.93 and its two-hundred day moving average is $249.27. The company has a debt-to-equity ratio of 1.90, a current ratio of 1.50 and a quick ratio of 1.50. The firm has a market cap of $12.47 billion, a P/E ratio of 22.11, a price-to-earnings-growth ratio of 1.50 and a beta of 1.02.

Grupo Aeroportuario Del Pacifico (NYSE:PAC - Get Free Report) last posted its earnings results on Tuesday, March 31st. The transportation company reported $3.72 earnings per share for the quarter. The company had revenue of $635.54 million for the quarter. Grupo Aeroportuario Del Pacifico had a return on equity of 43.12% and a net margin of 25.04%. On average, analysts anticipate that Grupo Aeroportuario Del Pacifico, S.A. de C.V. will post 12.62 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the company. Zacks Research upgraded Grupo Aeroportuario Del Pacifico from a "strong sell" rating to a "hold" rating in a report on Monday, February 9th. Weiss Ratings restated a "hold (c)" rating on shares of Grupo Aeroportuario Del Pacifico in a report on Thursday, January 22nd. Finally, Citigroup restated a "neutral" rating on shares of Grupo Aeroportuario Del Pacifico in a report on Thursday, January 15th. Two investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company's stock. Based on data from MarketBeat.com, Grupo Aeroportuario Del Pacifico presently has a consensus rating of "Hold".

Grupo Aeroportuario Del Pacifico Company Profile

Grupo Aeroportuario del Pacífico, SAB. de C.V. NYSE: PAC, commonly known as GAP, is a leading airport operator in Mexico. Established in 1998 as part of the federal government’s airport privatization program, GAP holds long‐term concession agreements—typically 50 years—to manage, develop and operate airports under a public–private partnership model. Through these concessions, the company undertakes terminal expansions, runway maintenance and the modernization of navigation and security systems.

The company’s portfolio comprises 12 airports across Mexico’s Pacific and western regions, including major hubs such as Guadalajara, Tijuana, Los Cabos, Puerto Vallarta and Mazatlán, as well as regional facilities in Aguascalientes, Morelia and La Paz.

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