Atria Investments Inc Takes Position in Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC)

Atria Investments Inc bought a new position in Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC) during the fourth quarter, according to its most recent filing with the SEC. The firm bought 1,168 shares of the transportation company’s stock, valued at approximately $204,000.

Other hedge funds have also bought and sold shares of the company. Metis Global Partners LLC raised its holdings in shares of Grupo Aeroportuario del Pacífico by 4.5% in the 4th quarter. Metis Global Partners LLC now owns 22,511 shares of the transportation company’s stock worth $3,939,000 after acquiring an additional 969 shares during the last quarter. US Bancorp DE increased its holdings in Grupo Aeroportuario del Pacífico by 22.1% during the 4th quarter. US Bancorp DE now owns 547 shares of the transportation company’s stock worth $96,000 after purchasing an additional 99 shares in the last quarter. Sage Investment Counsel LLC purchased a new stake in shares of Grupo Aeroportuario del Pacífico in the fourth quarter worth approximately $479,000. Blue Trust Inc. lifted its holdings in shares of Grupo Aeroportuario del Pacífico by 13.6% in the fourth quarter. Blue Trust Inc. now owns 443 shares of the transportation company’s stock valued at $78,000 after purchasing an additional 53 shares in the last quarter. Finally, Kestra Private Wealth Services LLC boosted its position in shares of Grupo Aeroportuario del Pacífico by 7.1% during the fourth quarter. Kestra Private Wealth Services LLC now owns 2,908 shares of the transportation company’s stock valued at $509,000 after buying an additional 194 shares during the last quarter. Institutional investors and hedge funds own 11.73% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on PAC. Bank of America cut shares of Grupo Aeroportuario del Pacífico from a “buy” rating to a “neutral” rating in a report on Tuesday, March 4th. Jefferies Financial Group raised Grupo Aeroportuario del Pacífico from an “underperform” rating to a “hold” rating and upped their target price for the company from $140.00 to $210.00 in a report on Wednesday, February 12th. UBS Group raised Grupo Aeroportuario del Pacífico from a “neutral” rating to a “buy” rating in a research report on Tuesday, November 26th. Finally, Barclays reissued an “equal weight” rating on shares of Grupo Aeroportuario del Pacífico in a research report on Tuesday, January 21st. One investment analyst has rated the stock with a sell rating, four have issued a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $200.00.

Grupo Aeroportuario del Pacífico Price Performance

NYSE:PAC opened at $190.60 on Wednesday. Grupo Aeroportuario del Pacífico, S.A.B. de C.V. has a 52-week low of $144.36 and a 52-week high of $205.35. The stock has a fifty day moving average of $190.27 and a 200 day moving average of $183.13. The company has a debt-to-equity ratio of 2.08, a quick ratio of 1.50 and a current ratio of 1.50. The firm has a market capitalization of $9.63 billion, a price-to-earnings ratio of 18.95, a P/E/G ratio of 1.28 and a beta of 1.46.

Grupo Aeroportuario del Pacífico 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.