Signaturefd LLC Grows Position in Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC)

Signaturefd LLC raised its position in Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC) by 34.0% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 252 shares of the transportation company’s stock after purchasing an additional 64 shares during the quarter. Signaturefd LLC’s holdings in Grupo Aeroportuario del Pacífico were worth $44,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the company. Lazard Asset Management LLC boosted its stake in shares of Grupo Aeroportuario del Pacífico by 141.5% during the first quarter. Lazard Asset Management LLC now owns 481,256 shares of the transportation company’s stock valued at $78,526,000 after purchasing an additional 281,966 shares during the period. 1832 Asset Management L.P. purchased a new stake in Grupo Aeroportuario del Pacífico in the 2nd quarter valued at about $13,976,000. Healthcare of Ontario Pension Plan Trust Fund bought a new position in Grupo Aeroportuario del Pacífico in the 1st quarter worth about $2,676,000. Quadrature Capital Ltd purchased a new position in shares of Grupo Aeroportuario del Pacífico during the first quarter worth approximately $1,485,000. Finally, BNP Paribas Financial Markets raised its stake in shares of Grupo Aeroportuario del Pacífico by 70.8% during the first quarter. BNP Paribas Financial Markets now owns 14,706 shares of the transportation company’s stock valued at $2,400,000 after acquiring an additional 6,097 shares in the last quarter. Institutional investors own 11.73% of the company’s stock.

Grupo Aeroportuario del Pacífico Trading Down 2.8 %

PAC opened at $172.80 on Thursday. The company has a current ratio of 1.50, a quick ratio of 1.50 and a debt-to-equity ratio of 2.08. The firm has a market cap of $8.73 billion, a price-to-earnings ratio of 15.43, a PEG ratio of 1.50 and a beta of 1.46. Grupo Aeroportuario del Pacífico, S.A.B. de C.V. has a 12 month low of $112.68 and a 12 month high of $197.31. The stock has a fifty day moving average price of $174.05 and a 200-day moving average price of $170.45.

Analyst Ratings Changes

PAC has been the topic of several research analyst reports. Citigroup raised Grupo Aeroportuario del Pacífico to a “strong-buy” rating in a research note on Wednesday, August 28th. The Goldman Sachs Group raised their price target on Grupo Aeroportuario del Pacífico from $177.00 to $205.00 and gave the company a “buy” rating in a research note on Friday, August 30th. Scotiabank lowered shares of Grupo Aeroportuario del Pacífico from a “sector outperform” rating to a “sector perform” rating and lowered their price objective for the stock from $224.00 to $185.00 in a research note on Wednesday, September 25th. Bank of America raised shares of Grupo Aeroportuario del Pacífico from a “neutral” rating to a “buy” rating in a research report on Wednesday, August 28th. Finally, JPMorgan Chase & Co. reaffirmed an “underweight” rating on shares of Grupo Aeroportuario del Pacífico in a research report on Thursday, September 5th. One research analyst has rated the stock with a sell rating, one has issued a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $195.00.

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.