Analysts Set Grupo Aeroportuario Del Pacifico, S.A. de C.V. (NYSE:PAC) PT at $200.00

Shares of Grupo Aeroportuario Del Pacifico, S.A. de C.V. (NYSE:PAC - Get Free Report) have been assigned a consensus rating of "Moderate Buy" from the eight brokerages that are presently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, three have given a hold recommendation, three have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $200.00.

A number of research firms have weighed in on PAC. 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. Bank of America lowered Grupo Aeroportuario Del Pacifico from a "neutral" rating to an "underperform" rating in a report on Thursday, June 12th. Scotiabank upgraded Grupo Aeroportuario Del Pacifico from a "sector perform" rating to a "sector outperform" rating in a research note on Monday, May 19th. Finally, Wall Street Zen upgraded Grupo Aeroportuario Del Pacifico from a "hold" rating to a "buy" rating in a research note on Thursday, May 22nd.

Hedge Funds Weigh In On Grupo Aeroportuario Del Pacifico

Hedge funds have recently made changes to their positions in the stock. Blue Trust Inc. boosted its stake in Grupo Aeroportuario Del Pacifico by 13.6% in the 4th quarter. Blue Trust Inc. now owns 443 shares of the transportation company's stock worth $78,000 after purchasing an additional 53 shares during the period. Parallel Advisors LLC lifted its holdings in shares of Grupo Aeroportuario Del Pacifico by 20.3% in the first quarter. Parallel Advisors LLC now owns 350 shares of the transportation company's stock worth $65,000 after buying an additional 59 shares in the last quarter. Kestra Private Wealth Services LLC boosted its position in shares of Grupo Aeroportuario Del Pacifico by 2.2% in the first quarter. Kestra Private Wealth Services LLC now owns 2,973 shares of the transportation company's stock valued at $552,000 after acquiring an additional 65 shares during the period. Signaturefd LLC boosted its position in shares of Grupo Aeroportuario Del Pacifico by 32.1% in the fourth quarter. Signaturefd LLC now owns 333 shares of the transportation company's stock valued at $58,000 after acquiring an additional 81 shares during the period. Finally, US Bancorp DE increased its holdings in Grupo Aeroportuario Del Pacifico by 22.1% during the 4th quarter. US Bancorp DE now owns 547 shares of the transportation company's stock worth $96,000 after acquiring an additional 99 shares during the period. 11.73% of the stock is currently owned by hedge funds and other institutional investors.

Grupo Aeroportuario Del Pacifico Stock Performance

Shares of PAC stock traded down $5.59 during trading on Friday, hitting $223.22. The company's stock had a trading volume of 145,051 shares, compared to its average volume of 76,413. The company has a current ratio of 1.68, a quick ratio of 1.68 and a debt-to-equity ratio of 1.62. The company has a market cap of $11.28 billion, a PE ratio of 23.52, a P/E/G ratio of 2.32 and a beta of 1.12. The business has a fifty day moving average of $215.11 and a 200-day moving average of $197.36. Grupo Aeroportuario Del Pacifico has a 52 week low of $146.62 and a 52 week high of $241.62.

Grupo Aeroportuario Del Pacifico (NYSE:PAC - Get Free Report) last announced its quarterly earnings data on Tuesday, April 29th. The transportation company reported $2.72 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $3.13 by ($0.41). The business had revenue of $541.03 million during the quarter, compared to the consensus estimate of $554.93 million. Grupo Aeroportuario Del Pacifico had a net margin of 25.64% and a return on equity of 37.67%. As a group, research analysts anticipate that Grupo Aeroportuario Del Pacifico will post 10 earnings per share for the current year.

Grupo Aeroportuario Del Pacifico Increases Dividend

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

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.