Albert D Mason Inc. Has $2.20 Million Stock Holdings in Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC)

Albert D Mason Inc. lifted its stake in shares of Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC) by 0.5% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 12,645 shares of the transportation company’s stock after acquiring an additional 63 shares during the quarter. Grupo Aeroportuario del Pacífico makes up 1.4% of Albert D Mason Inc.’s holdings, making the stock its 16th biggest holding. Albert D Mason Inc.’s holdings in Grupo Aeroportuario del Pacífico were worth $2,200,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently made changes to their positions in the stock. Signaturefd LLC grew its stake in Grupo Aeroportuario del Pacífico by 34.0% in the third quarter. Signaturefd LLC now owns 252 shares of the transportation company’s stock valued at $44,000 after acquiring an additional 64 shares during the period. Blue Trust Inc. grew its stake in Grupo Aeroportuario del Pacífico by 163.0% in the second quarter. Blue Trust Inc. now owns 284 shares of the transportation company’s stock valued at $46,000 after acquiring an additional 176 shares during the period. SG Americas Securities LLC acquired a new stake in Grupo Aeroportuario del Pacífico in the second quarter valued at approximately $242,000. Virtu Financial LLC acquired a new stake in Grupo Aeroportuario del Pacífico in the first quarter valued at approximately $293,000. Finally, Outlook Wealth Advisors LLC purchased a new position in shares of Grupo Aeroportuario del Pacífico during the second quarter valued at approximately $304,000. 11.73% of the stock is currently owned by institutional investors.

Grupo Aeroportuario del Pacífico Price Performance

PAC opened at $174.09 on Wednesday. Grupo Aeroportuario del Pacífico, S.A.B. de C.V. has a one year low of $107.25 and a one year high of $197.31. The firm has a market capitalization of $8.80 billion, a price-to-earnings ratio of 16.00, a PEG ratio of 1.59 and a beta of 1.46. The business has a 50 day simple moving average of $172.82 and a two-hundred day simple moving average of $170.14.

Grupo Aeroportuario del Pacífico (NYSE:PAC) last posted its quarterly earnings data on Monday, July 22nd. The transportation company reported $2.55 earnings per share for the quarter, missing analysts’ consensus estimates of $3.01 by ($0.46). Grupo Aeroportuario del Pacífico had a net margin of 29.26% and a return on equity of 47.50%. The company had revenue of $421.54 million for the quarter. As a group, sell-side analysts expect that Grupo Aeroportuario del Pacífico, S.A.B. de C.V. will post 9.88 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research analysts recently issued reports on PAC shares. JPMorgan Chase & Co. reaffirmed an “underweight” rating on shares of Grupo Aeroportuario del Pacífico in a research report on Thursday, September 5th. Citigroup raised Grupo Aeroportuario del Pacífico to a “strong-buy” rating in a research report on Wednesday, August 28th. Scotiabank lowered Grupo Aeroportuario del Pacífico from a “sector outperform” rating to a “sector perform” rating and lowered their target price for the company from $224.00 to $185.00 in a research note on Wednesday, September 25th. Bank of America upgraded Grupo Aeroportuario del Pacífico from a “neutral” rating to a “buy” rating in a research note on Wednesday, August 28th. Finally, The Goldman Sachs Group boosted their price objective on Grupo Aeroportuario del Pacífico from $177.00 to $205.00 and gave the company a “buy” rating in a research note on Friday, August 30th. One analyst has rated the stock with a sell rating, one has assigned a hold rating, three have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $195.00.

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.