Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC) Stock Holdings Lifted by JPMorgan Chase & Co.

JPMorgan Chase & Co. increased its position in shares of Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC) by 26.2% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,158 shares of the transportation company’s stock after buying an additional 448 shares during the period. JPMorgan Chase & Co.’s holdings in Grupo Aeroportuario del Pacífico were worth $376,000 at the end of the most recent reporting period.

Several other institutional investors also recently added to or reduced their stakes in the business. Van ECK Associates Corp boosted its holdings in Grupo Aeroportuario del Pacífico by 67.9% during the third quarter. Van ECK Associates Corp now owns 220 shares of the transportation company’s stock valued at $38,000 after purchasing an additional 89 shares in the last quarter. Signaturefd LLC lifted its holdings in Grupo Aeroportuario del Pacífico by 34.0% during the third quarter. Signaturefd LLC now owns 252 shares of the transportation company’s stock worth $44,000 after acquiring an additional 64 shares in the last quarter. Blue Trust Inc. increased its position in shares of Grupo Aeroportuario del Pacífico by 37.3% during the third quarter. Blue Trust Inc. now owns 390 shares of the transportation company’s stock worth $68,000 after acquiring an additional 106 shares in the last quarter. US Bancorp DE boosted its position in Grupo Aeroportuario del Pacífico by 24.4% during the 3rd quarter. US Bancorp DE now owns 448 shares of the transportation company’s stock worth $78,000 after acquiring an additional 88 shares during the last quarter. Finally, Cozad Asset Management Inc. bought a new position in shares of Grupo Aeroportuario del Pacífico in the 3rd quarter valued at about $218,000. 11.73% of the stock is owned by institutional investors.

Grupo Aeroportuario del Pacífico Stock Up 0.2 %

Shares of NYSE:PAC opened at $187.35 on Thursday. The company has a debt-to-equity ratio of 2.08, a quick ratio of 1.50 and a current ratio of 1.50. Grupo Aeroportuario del Pacífico, S.A.B. de C.V. has a 52-week low of $139.64 and a 52-week high of $200.00. The firm has a market cap of $9.47 billion, a P/E ratio of 18.62, a PEG ratio of 1.22 and a beta of 1.46. The business’s 50 day simple moving average is $185.93 and its two-hundred day simple moving average is $175.78.

Grupo Aeroportuario del Pacífico Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 6th. Shareholders of record on Monday, November 25th were paid a $3.7626 dividend. The ex-dividend date of this dividend was Monday, November 25th. This represents a $15.05 annualized dividend and a yield of 8.03%.

Analyst Upgrades and Downgrades

PAC has been the topic of several research analyst reports. UBS Group raised shares of Grupo Aeroportuario del Pacífico from a “neutral” rating to a “buy” rating in a research report on Tuesday, November 26th. Barclays reiterated an “equal weight” rating on shares of Grupo Aeroportuario del Pacífico in a report on Tuesday, January 21st. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, Grupo Aeroportuario del Pacífico has a consensus rating of “Moderate Buy” and a consensus target price of $195.00.

About Grupo Aeroportuario del Pacífico

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.