Grupo Aeroportuario Del Pacifico, S.A. de C.V. $PAC Shares Purchased by Northcape Capital Pty Ltd

Northcape Capital Pty Ltd increased its holdings in shares of Grupo Aeroportuario Del Pacifico, S.A. de C.V. (NYSE:PAC) by 1.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 191,049 shares of the transportation company’s stock after buying an additional 3,214 shares during the quarter. Grupo Aeroportuario Del Pacifico comprises approximately 5.8% of Northcape Capital Pty Ltd’s portfolio, making the stock its 5th biggest holding. Northcape Capital Pty Ltd’s holdings in Grupo Aeroportuario Del Pacifico were worth $51,589,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the business. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC acquired a new position in shares of Grupo Aeroportuario Del Pacifico during the 3rd quarter valued at about $30,453,000. Lazard Asset Management LLC boosted its position in shares of Grupo Aeroportuario Del Pacifico by 13.4% in the third quarter. Lazard Asset Management LLC now owns 947,581 shares of the transportation company’s stock worth $224,757,000 after acquiring an additional 112,212 shares during the last quarter. Arrowstreet Capital Limited Partnership boosted its position in shares of Grupo Aeroportuario Del Pacifico by 39.4% in the third quarter. Arrowstreet Capital Limited Partnership now owns 118,236 shares of the transportation company’s stock worth $28,044,000 after acquiring an additional 33,405 shares during the last quarter. Qube Research & Technologies Ltd grew its holdings in Grupo Aeroportuario Del Pacifico by 232.0% in the second quarter. Qube Research & Technologies Ltd now owns 37,348 shares of the transportation company’s stock valued at $8,576,000 after purchasing an additional 26,099 shares during the period. Finally, Millennium Management LLC purchased a new stake in Grupo Aeroportuario Del Pacifico in the third quarter valued at approximately $5,547,000. 11.73% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the stock. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Grupo Aeroportuario Del Pacifico in a research note on Thursday, January 22nd. Bank of America upgraded Grupo Aeroportuario Del Pacifico from an “underperform” rating to a “buy” rating in a report on Thursday, December 11th. Citigroup reaffirmed a “neutral” rating on shares of Grupo Aeroportuario Del Pacifico in a research report on Thursday, January 15th. Finally, Zacks Research upgraded Grupo Aeroportuario Del Pacifico from a “strong sell” rating to a “hold” rating in a report on Monday, February 9th. Two research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, Grupo Aeroportuario Del Pacifico has an average rating of “Hold”.

Grupo Aeroportuario Del Pacifico Trading Up 0.2%

NYSE PAC opened at $252.76 on Monday. Grupo Aeroportuario Del Pacifico, S.A. de C.V. has a one year low of $168.62 and a one year high of $300.41. The company’s 50 day moving average price is $260.80 and its 200 day moving average price is $247.95. The company has a debt-to-equity ratio of 2.21, a quick ratio of 2.01 and a current ratio of 0.91. The firm has a market capitalization of $12.77 billion, a price-to-earnings ratio of 24.66, a PEG ratio of 1.47 and a beta of 1.02.

Grupo Aeroportuario Del Pacifico (NYSE:PAC) last released its quarterly earnings data on Sunday, February 15th. The transportation company reported $1.88 earnings per share (EPS) for the quarter. Grupo Aeroportuario Del Pacifico had a net margin of 24.06% and a return on equity of 41.85%. The company had revenue of $549.01 million during the quarter. On average, sell-side analysts predict that Grupo Aeroportuario Del Pacifico, S.A. de C.V. will post 10 EPS for the current year.

About Grupo Aeroportuario Del Pacifico

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.