Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC) Shares Sold by Cerity Partners LLC

Cerity Partners LLC trimmed its position in Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC) by 29.4% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,320 shares of the transportation company’s stock after selling 968 shares during the period. Cerity Partners LLC’s holdings in Grupo Aeroportuario del Pacífico were worth $406,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Signaturefd LLC raised its stake in shares of Grupo Aeroportuario del Pacífico by 32.1% in the 4th quarter. Signaturefd LLC now owns 333 shares of the transportation company’s stock worth $58,000 after buying an additional 81 shares in the last quarter. Fifth Third Bancorp raised its position in Grupo Aeroportuario del Pacífico by 327.4% in the fourth quarter. Fifth Third Bancorp now owns 359 shares of the transportation company’s stock worth $63,000 after acquiring an additional 275 shares in the last quarter. Blue Trust Inc. raised its position in Grupo Aeroportuario del Pacífico by 13.6% in the fourth quarter. Blue Trust Inc. now owns 443 shares of the transportation company’s stock worth $78,000 after acquiring an additional 53 shares in the last quarter. US Bancorp DE lifted its holdings in Grupo Aeroportuario del Pacífico by 22.1% in the 4th quarter. US Bancorp DE now owns 547 shares of the transportation company’s stock valued at $96,000 after acquiring an additional 99 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. boosted its position in shares of Grupo Aeroportuario del Pacífico by 41.3% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 811 shares of the transportation company’s stock valued at $144,000 after purchasing an additional 237 shares in the last quarter. 11.73% of the stock is owned by institutional investors.

Grupo Aeroportuario del Pacífico Trading Up 1.3 %

NYSE PAC opened at $194.77 on Wednesday. The firm’s 50 day moving average price is $189.13 and its two-hundred day moving average price is $185.10. 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 twelve month low of $146.62 and a twelve month high of $205.35. The stock has a market cap of $9.84 billion, a price-to-earnings ratio of 19.36, a PEG ratio of 1.28 and a beta of 1.11.

Analysts Set New Price Targets

PAC has been the topic of a number of research reports. Barclays reiterated an “equal weight” rating on shares of Grupo Aeroportuario del Pacífico in a report on Tuesday, January 21st. StockNews.com downgraded Grupo Aeroportuario del Pacífico from a “hold” rating to a “sell” rating in a research report on Friday, April 18th. Bank of America cut Grupo Aeroportuario del Pacífico from a “buy” rating to a “neutral” rating in a report on Tuesday, March 4th. Finally, 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. Two research analysts have rated the stock with a sell rating, four have given 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.com, the stock presently has an average rating of “Hold” and an average target price of $200.00.

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.