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

Grupo Aeroportuario Del Pacifico, S.A. de C.V. (NYSE:PAC - Get Free Report) has received an average rating of "Moderate Buy" from the eight analysts that are currently covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, three have issued a hold recommendation, three have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $200.00.

Several analysts have recently commented on PAC shares. Wall Street Zen lowered Grupo Aeroportuario Del Pacifico from a "buy" rating to a "hold" rating in a report on Friday, June 27th. Bank of America downgraded Grupo Aeroportuario Del Pacifico from a "neutral" rating to an "underperform" rating in a research report on Thursday, June 12th. Scotiabank raised Grupo Aeroportuario Del Pacifico from a "sector perform" rating to a "sector outperform" rating in a research report on Monday, May 19th. Finally, JPMorgan Chase & Co. raised Grupo Aeroportuario Del Pacifico from an "underweight" rating to a "neutral" rating in a research report on Friday, May 23rd.

Institutional Investors Weigh In On Grupo Aeroportuario Del Pacifico

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Caitong International Asset Management Co. Ltd acquired a new stake in Grupo Aeroportuario Del Pacifico during the 1st quarter worth about $54,000. Signaturefd LLC grew its position in Grupo Aeroportuario Del Pacifico by 32.1% during the 4th quarter. Signaturefd LLC now owns 333 shares of the transportation company's stock worth $58,000 after purchasing an additional 81 shares during the period. Parallel Advisors LLC grew its position 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 worth $65,000 after purchasing an additional 59 shares during the period. GHP Investment Advisors Inc. acquired a new stake in shares of Grupo Aeroportuario Del Pacifico during the 1st quarter valued at about $70,000. Finally, Tower Research Capital LLC TRC grew its position in shares of Grupo Aeroportuario Del Pacifico by 8,020.0% during the 4th quarter. Tower Research Capital LLC TRC now owns 406 shares of the transportation company's stock valued at $71,000 after acquiring an additional 401 shares during the period. 11.73% of the stock is owned by institutional investors and hedge funds.

Grupo Aeroportuario Del Pacifico Stock Down 0.6%

Shares of PAC traded down $1.35 during midday trading on Wednesday, hitting $227.24. 114,652 shares of the company's stock traded hands, compared to its average volume of 80,778. Grupo Aeroportuario Del Pacifico has a 1 year low of $146.62 and a 1 year high of $241.62. The firm's fifty day moving average is $225.27 and its 200-day moving average is $201.39. 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 stock has a market capitalization of $11.48 billion, a price-to-earnings ratio of 23.95, a price-to-earnings-growth ratio of 2.34 and a beta of 1.09.

Grupo Aeroportuario Del Pacifico (NYSE:PAC - Get Free Report) last issued its quarterly earnings data on Tuesday, April 29th. The transportation company reported $2.72 EPS for the quarter, missing the consensus estimate of $3.13 by ($0.41). Grupo Aeroportuario Del Pacifico had a net margin of 25.64% and a return on equity of 37.67%. The business had revenue of $541.03 million for the quarter, compared to analysts' expectations of $554.93 million. As a group, sell-side 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 declared 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. This is an increase from Grupo Aeroportuario Del Pacifico's previous semi-annual dividend of $3.87. This represents a yield of 3.4%. The ex-dividend date of this dividend was Tuesday, May 27th. Grupo Aeroportuario Del Pacifico's dividend payout ratio (DPR) 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.