Virtu Financial LLC Takes $337,000 Position in Grupo Aeroportuario Del Pacifico, S.A. de C.V. (NYSE:PAC)

Virtu Financial LLC purchased a new stake in Grupo Aeroportuario Del Pacifico, S.A. de C.V. (NYSE:PAC - Free Report) in the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 1,815 shares of the transportation company's stock, valued at approximately $337,000.

Several other hedge funds have also modified their holdings of the business. Invesco Ltd. lifted its holdings in shares of Grupo Aeroportuario Del Pacifico by 2.6% in the 1st quarter. Invesco Ltd. now owns 7,461 shares of the transportation company's stock valued at $1,384,000 after buying an additional 190 shares during the period. National Bank of Canada FI lifted its holdings in shares of Grupo Aeroportuario Del Pacifico by 49.6% in the 1st quarter. National Bank of Canada FI now owns 65,978 shares of the transportation company's stock valued at $12,238,000 after buying an additional 21,875 shares during the period. Deutsche Bank AG lifted its holdings in shares of Grupo Aeroportuario Del Pacifico by 7.2% in the 1st quarter. Deutsche Bank AG now owns 813,007 shares of the transportation company's stock valued at $150,821,000 after buying an additional 54,495 shares during the period. IQ EQ FUND MANAGEMENT IRELAND Ltd acquired a new stake in shares of Grupo Aeroportuario Del Pacifico in the 1st quarter valued at approximately $1,389,000. Finally, Cetera Investment Advisers lifted its holdings in shares of Grupo Aeroportuario Del Pacifico by 9.4% in the 1st quarter. Cetera Investment Advisers now owns 4,900 shares of the transportation company's stock valued at $909,000 after buying an additional 420 shares during the period. 11.73% of the stock is owned by institutional investors and hedge funds.

Grupo Aeroportuario Del Pacifico Stock Performance

Grupo Aeroportuario Del Pacifico stock opened at $244.59 on Friday. The company has a debt-to-equity ratio of 2.02, a quick ratio of 0.95 and a current ratio of 0.95. The stock has a fifty day moving average of $230.43 and a two-hundred day moving average of $210.04. The company has a market capitalization of $12.36 billion, a price-to-earnings ratio of 25.37, a PEG ratio of 3.03 and a beta of 1.14. Grupo Aeroportuario Del Pacifico, S.A. de C.V. has a fifty-two week low of $156.48 and a fifty-two week high of $251.85.

Grupo Aeroportuario Del Pacifico (NYSE:PAC - Get Free Report) last released its quarterly 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 company had revenue of $584.36 million for the quarter, compared to analysts' expectations of $10.86 billion. Grupo Aeroportuario Del Pacifico had a return on equity of 39.81% and a net margin of 24.28%. On average, analysts anticipate that Grupo Aeroportuario Del Pacifico, S.A. de C.V. will post 10 EPS for the current fiscal year.

Grupo Aeroportuario Del Pacifico Increases Dividend

The business also recently declared a semi-annual dividend, which will be paid on Monday, August 25th. Shareholders of record on Wednesday, August 13th will be given a dividend of $4.4656 per share. The ex-dividend date of this dividend is Wednesday, August 13th. This is a positive change from Grupo Aeroportuario Del Pacifico's previous semi-annual dividend of $4.32. This represents a yield of 350.0%. Grupo Aeroportuario Del Pacifico's dividend payout ratio (DPR) is 81.74%.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the company. Bank of America cut Grupo Aeroportuario Del Pacifico from a "neutral" rating to an "underperform" rating in a report on Thursday, June 12th. Wall Street Zen cut Grupo Aeroportuario Del Pacifico from a "buy" rating to a "hold" rating in a report on Saturday, August 2nd. Scotiabank raised Grupo Aeroportuario Del Pacifico from a "sector perform" rating to a "sector outperform" rating in a report on Monday, May 19th. Finally, JPMorgan Chase & Co. raised Grupo Aeroportuario Del Pacifico from an "underweight" rating to a "neutral" rating in a report on Friday, May 23rd. One investment analyst has rated the stock with a sell rating, four have issued a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, Grupo Aeroportuario Del Pacifico presently has a consensus rating of "Hold" and a consensus target price of $200.00.

Grupo Aeroportuario Del Pacifico Company 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.

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