American Century Companies Inc. Purchases 94,115 Shares of Grupo Aeroportuario Del Pacifico, S.A. de C.V. $PAC

American Century Companies Inc. increased its position in Grupo Aeroportuario Del Pacifico, S.A. de C.V. (NYSE:PAC) by 192.5% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 143,018 shares of the transportation company’s stock after purchasing an additional 94,115 shares during the quarter. American Century Companies Inc. owned approximately 0.28% of Grupo Aeroportuario Del Pacifico worth $32,840,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Nuveen LLC acquired a new position in Grupo Aeroportuario Del Pacifico during the first quarter worth approximately $35,349,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC acquired a new stake in shares of Grupo Aeroportuario Del Pacifico in the first quarter valued at approximately $16,136,000. 1832 Asset Management L.P. bought a new position in shares of Grupo Aeroportuario Del Pacifico during the 1st quarter worth approximately $13,027,000. Deutsche Bank AG increased its holdings in shares of Grupo Aeroportuario Del Pacifico by 7.2% during the 1st quarter. Deutsche Bank AG now owns 813,007 shares of the transportation company’s stock worth $150,821,000 after acquiring an additional 54,495 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD raised its stake in Grupo Aeroportuario Del Pacifico by 4.3% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 1,101,933 shares of the transportation company’s stock valued at $204,421,000 after acquiring an additional 45,479 shares during the period. 11.73% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

PAC has been the subject of several research reports. Wall Street Zen downgraded Grupo Aeroportuario Del Pacifico from a “buy” rating to a “hold” rating in a report on Saturday, August 2nd. Weiss Ratings reissued a “hold (c)” rating on shares of Grupo Aeroportuario Del Pacifico in a research report on Wednesday, October 8th. JPMorgan Chase & Co. upgraded shares of Grupo Aeroportuario Del Pacifico from a “neutral” rating to an “overweight” rating in a research note on Friday, November 14th. Finally, Citigroup reaffirmed a “hold” rating on shares of Grupo Aeroportuario Del Pacifico in a report on Wednesday, September 10th. Two equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $210.00.

Grupo Aeroportuario Del Pacifico Price Performance

Grupo Aeroportuario Del Pacifico stock opened at $241.17 on Friday. The firm has a market cap of $12.19 billion, a PE ratio of 23.14, a price-to-earnings-growth ratio of 2.72 and a beta of 1.13. The company has a debt-to-equity ratio of 2.21, a current ratio of 2.01 and a quick ratio of 2.01. The stock’s fifty day moving average price is $225.44 and its two-hundred day moving average price is $231.62. Grupo Aeroportuario Del Pacifico, S.A. de C.V. has a one year low of $168.62 and a one year high of $259.33.

Grupo Aeroportuario Del Pacifico (NYSE:PAC) last released its earnings results on Monday, October 20th. The transportation company reported $2.86 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.96 by ($0.10). Grupo Aeroportuario Del Pacifico had a return on equity of 42.07% and a net margin of 25.27%.The company had revenue of $520.69 million for the quarter, compared to analyst estimates of $11.04 billion. As a group, research analysts expect that Grupo Aeroportuario Del Pacifico, S.A. de C.V. will post 10 EPS for the current fiscal year.

Grupo Aeroportuario Del Pacifico 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.