Grupo Aeroportuario Del Pacifico, S.A. de C.V. $PAC Shares Sold by Diversify Wealth Management LLC

Diversify Wealth Management LLC lessened its stake in shares of Grupo Aeroportuario Del Pacifico, S.A. de C.V. (NYSE:PAC) by 78.1% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 873 shares of the transportation company’s stock after selling 3,121 shares during the quarter. Diversify Wealth Management LLC’s holdings in Grupo Aeroportuario Del Pacifico were worth $215,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Lazard Asset Management LLC increased its stake in Grupo Aeroportuario Del Pacifico by 21.8% in the 4th quarter. Lazard Asset Management LLC now owns 1,154,495 shares of the transportation company’s stock valued at $304,359,000 after buying an additional 206,914 shares during the period. State Street Corp lifted its stake in shares of Grupo Aeroportuario Del Pacifico by 3.6% in the 4th quarter. State Street Corp now owns 403,691 shares of the transportation company’s stock worth $106,425,000 after acquiring an additional 14,079 shares during the period. Northcape Capital Pty Ltd boosted its holdings in shares of Grupo Aeroportuario Del Pacifico by 1.7% in the fourth quarter. Northcape Capital Pty Ltd now owns 191,049 shares of the transportation company’s stock valued at $51,589,000 after acquiring an additional 3,214 shares in the last quarter. Itau Unibanco Holding S.A. purchased a new stake in shares of Grupo Aeroportuario Del Pacifico in the fourth quarter valued at about $42,634,000. Finally, Dimensional Fund Advisors LP increased its stake in shares of Grupo Aeroportuario Del Pacifico by 4.1% during the fourth quarter. Dimensional Fund Advisors LP now owns 154,800 shares of the transportation company’s stock worth $40,805,000 after acquiring an additional 6,085 shares during the period. 11.73% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of Grupo Aeroportuario Del Pacifico in a report on Wednesday, June 3rd. Two analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold”.

Grupo Aeroportuario Del Pacifico Trading Up 0.1%

Shares of PAC stock opened at $221.03 on Monday. The business’s fifty day moving average price is $241.31 and its 200 day moving average price is $253.07. The firm has a market capitalization of $11.17 billion, a PE ratio of 19.63, a P/E/G ratio of 1.47 and a beta of 0.93. The company has a debt-to-equity ratio of 0.95, a current ratio of 0.84 and a quick ratio of 0.84. Grupo Aeroportuario Del Pacifico, S.A. de C.V. has a 1-year low of $206.91 and a 1-year high of $300.41.

Grupo Aeroportuario Del Pacifico (NYSE:PAC) last released its earnings results on Tuesday, July 14th. The transportation company reported $2.80 EPS for the quarter, missing analysts’ consensus estimates of $3.10 by ($0.30). Grupo Aeroportuario Del Pacifico had a net margin of 25.36% and a return on equity of 32.44%. The business had revenue of $645.23 million during the quarter, compared to analyst estimates of $732.26 million. As a group, sell-side analysts forecast that Grupo Aeroportuario Del Pacifico, S.A. de C.V. will post 11.71 EPS for the current fiscal year.

Grupo Aeroportuario Del Pacifico Profile

Grupo Aeroportuario del Pacífico, SAB. de C.V. (NYSE:PAC), commonly known as GAP, is a leading airport operator in Mexico. Established in 1998 as part of the federal government’s airport privatization program, GAP holds long‐term concession agreements—typically 50 years—to manage, develop and operate airports under a public–private partnership model. Through these concessions, the company undertakes terminal expansions, runway maintenance and the modernization of navigation and security systems.

The company’s portfolio comprises 12 airports across Mexico’s Pacific and western regions, including major hubs such as Guadalajara, Tijuana, Los Cabos, Puerto Vallarta and Mazatlán, as well as regional facilities in Aguascalientes, Morelia and La Paz.