Maryland State Retirement & Pension System trimmed its position in Grupo Aeroportuario Del Pacifico, S.A. de C.V. (NYSE:PAC - Free Report) by 3.2% in the first quarter, according to its most recent filing with the SEC. The fund owned 51,950 shares of the transportation company's stock after selling 1,726 shares during the period. Maryland State Retirement & Pension System owned 0.10% of Grupo Aeroportuario Del Pacifico worth $9,637,000 as of its most recent filing with the SEC.
Several other large investors have also bought and sold shares of the stock. Parallel Advisors LLC boosted its stake in Grupo Aeroportuario Del Pacifico by 20.3% during the 1st quarter. Parallel Advisors LLC now owns 350 shares of the transportation company's stock valued at $65,000 after purchasing an additional 59 shares during the last quarter. GHP Investment Advisors Inc. purchased a new position in Grupo Aeroportuario Del Pacifico in the first quarter worth $70,000. Tower Research Capital LLC TRC grew its position in Grupo Aeroportuario Del Pacifico by 8,020.0% in 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. Raiffeisen Bank International AG purchased a new stake in Grupo Aeroportuario Del Pacifico during the fourth quarter valued at about $132,000. Finally, Snowden Capital Advisors LLC boosted its holdings in shares of Grupo Aeroportuario Del Pacifico by 15.0% during the fourth quarter. Snowden Capital Advisors LLC now owns 1,476 shares of the transportation company's stock worth $258,000 after purchasing an additional 193 shares during the period. 11.73% of the stock is owned by institutional investors.
Grupo Aeroportuario Del Pacifico Price Performance
Shares of NYSE PAC traded up $3.66 during trading on Monday, hitting $244.58. The company had a trading volume of 11,620 shares, compared to its average volume of 89,943. The firm has a market capitalization of $12.36 billion, a price-to-earnings ratio of 25.20, a price-to-earnings-growth ratio of 2.92 and a beta of 1.14. Grupo Aeroportuario Del Pacifico, S.A. de C.V. has a fifty-two week low of $151.65 and a fifty-two week high of $244.01. The stock has a fifty day simple moving average of $229.33 and a two-hundred day simple moving average of $208.74. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 2.02.
Grupo Aeroportuario Del Pacifico (NYSE:PAC - Get Free Report) last posted its earnings results on Monday, July 21st. The transportation company reported $2.70 earnings per share for the quarter, missing the consensus estimate of $2.75 by ($0.05). The firm had revenue of $584.36 million during the quarter, compared to analyst estimates of $10.86 billion. Grupo Aeroportuario Del Pacifico had a net margin of 24.28% and a return on equity of 39.81%. On average, research analysts expect that Grupo Aeroportuario Del Pacifico, S.A. de C.V. will post 10 earnings per share for the current year.
Grupo Aeroportuario Del Pacifico Increases Dividend
The company also recently disclosed a semi-annual dividend, which will be paid on Monday, August 25th. Shareholders of record on Wednesday, August 13th will be given a $4.4656 dividend. The ex-dividend date of this dividend is Wednesday, August 13th. This represents a dividend yield of 350.0%. This is a boost from Grupo Aeroportuario Del Pacifico's previous semi-annual dividend of $4.32. Grupo Aeroportuario Del Pacifico's payout ratio is currently 40.25%.
Analyst Ratings Changes
A number of equities analysts recently weighed in on the stock. Bank of America lowered shares of Grupo Aeroportuario Del Pacifico from a "neutral" rating to an "underperform" rating in a report on Thursday, June 12th. Wall Street Zen lowered shares of Grupo Aeroportuario Del Pacifico from a "buy" rating to a "hold" rating in a research report on Saturday, August 2nd. Scotiabank upgraded shares of Grupo Aeroportuario Del Pacifico from a "sector perform" rating to a "sector outperform" rating in a research note on Monday, May 19th. Finally, JPMorgan Chase & Co. upgraded shares of Grupo Aeroportuario Del Pacifico from an "underweight" rating to a "neutral" rating in a research note on Friday, May 23rd. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating, three have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $200.00.
Read Our Latest Stock Report on PAC
About Grupo Aeroportuario Del Pacifico
(
Free Report)
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.
See Also
Before you consider Grupo Aeroportuario Del Pacifico, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Grupo Aeroportuario Del Pacifico wasn't on the list.
While Grupo Aeroportuario Del Pacifico currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Fall 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
