XTX Topco Ltd Acquires New Position in Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC)

XTX Topco Ltd bought a new stake in Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 2,186 shares of the transportation company's stock, valued at approximately $383,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Northcape Capital Pty Ltd grew its stake in shares of Grupo Aeroportuario del Pacífico by 4.5% in the fourth quarter. Northcape Capital Pty Ltd now owns 171,841 shares of the transportation company's stock valued at $30,070,000 after buying an additional 7,473 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its stake in shares of Grupo Aeroportuario del Pacífico by 317.2% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 95,750 shares of the transportation company's stock valued at $16,755,000 after buying an additional 72,798 shares in the last quarter. Janney Montgomery Scott LLC grew its stake in shares of Grupo Aeroportuario del Pacífico by 7.1% in the fourth quarter. Janney Montgomery Scott LLC now owns 92,372 shares of the transportation company's stock valued at $16,164,000 after buying an additional 6,139 shares in the last quarter. Maryland State Retirement & Pension System grew its stake in shares of Grupo Aeroportuario del Pacífico by 5.8% in the fourth quarter. Maryland State Retirement & Pension System now owns 53,676 shares of the transportation company's stock valued at $9,393,000 after buying an additional 2,936 shares in the last quarter. Finally, American Century Companies Inc. grew its stake in shares of Grupo Aeroportuario del Pacífico by 5.4% in the fourth quarter. American Century Companies Inc. now owns 46,033 shares of the transportation company's stock valued at $8,055,000 after buying an additional 2,366 shares in the last quarter. 11.73% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts have commented on PAC shares. Bank of America cut shares of Grupo Aeroportuario del Pacífico from a "buy" rating to a "neutral" rating in a research report on Tuesday, March 4th. StockNews.com upgraded shares of Grupo Aeroportuario del Pacífico from a "sell" rating to a "hold" rating in a research note on Saturday. Barclays restated an "equal weight" rating on shares of Grupo Aeroportuario del Pacífico in a research report on Tuesday, January 21st. Finally, Jefferies Financial Group raised shares of Grupo Aeroportuario del Pacífico from an "underperform" rating to a "hold" rating and raised their target price for the stock from $140.00 to $210.00 in a report on Wednesday, February 12th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of $200.00.

Grupo Aeroportuario del Pacífico Stock Performance

Shares of PAC traded down $4.06 during mid-day trading on Monday, hitting $201.32. 80,656 shares of the company's stock were exchanged, compared to its average volume of 69,754. Grupo Aeroportuario del Pacífico, S.A.B. de C.V. has a 52 week low of $146.62 and a 52 week high of $206.79. The stock's 50-day simple moving average is $189.45 and its 200-day simple moving average is $186.00. The firm has a market cap of $10.17 billion, a price-to-earnings ratio of 20.01, a price-to-earnings-growth ratio of 1.28 and a beta of 1.11. The company has a quick ratio of 1.50, a current ratio of 1.50 and a debt-to-equity ratio of 2.08.

Grupo Aeroportuario del Pacífico 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.