Rhumbline Advisers Sells 152 Shares of Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC)

Rhumbline Advisers decreased its holdings in shares of Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC) by 1.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 10,435 shares of the transportation company’s stock after selling 152 shares during the quarter. Rhumbline Advisers’ holdings in Grupo Aeroportuario del Pacífico were worth $1,826,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also added to or reduced their stakes in the company. Van ECK Associates Corp grew its holdings in shares of Grupo Aeroportuario del Pacífico by 67.9% during the third quarter. Van ECK Associates Corp now owns 220 shares of the transportation company’s stock worth $38,000 after purchasing an additional 89 shares in the last quarter. Fifth Third Bancorp lifted its stake in shares of Grupo Aeroportuario del Pacífico by 327.4% in the 4th quarter. Fifth Third Bancorp now owns 359 shares of the transportation company’s stock valued at $63,000 after acquiring an additional 275 shares during the last quarter. Blue Trust Inc. increased its stake in shares of 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 buying an additional 53 shares during the period. US Bancorp DE raised its holdings in Grupo Aeroportuario del Pacífico by 24.4% during the 3rd quarter. US Bancorp DE now owns 448 shares of the transportation company’s stock valued at $78,000 after buying an additional 88 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. lifted its holdings in Grupo Aeroportuario del Pacífico by 41.3% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 811 shares of the transportation company’s stock worth $144,000 after buying an additional 237 shares during the period. Institutional investors own 11.73% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently issued reports on PAC shares. Barclays reiterated an “equal weight” rating on shares of Grupo Aeroportuario del Pacífico in a research report on Tuesday, January 21st. UBS Group raised shares of Grupo Aeroportuario del Pacífico from a “neutral” rating to a “buy” rating in a research report on Tuesday, November 26th. Finally, Jefferies Financial Group raised Grupo Aeroportuario del Pacífico from an “underperform” rating to a “hold” rating and upped their price objective for the company from $140.00 to $210.00 in a research report on Wednesday, February 12th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $200.00.

Grupo Aeroportuario del Pacífico Price Performance

Shares of NYSE:PAC opened at $186.92 on Tuesday. The firm has a market cap of $9.44 billion, a price-to-earnings ratio of 18.58, a price-to-earnings-growth ratio of 1.28 and a beta of 1.47. The business has a 50-day simple moving average of $188.58 and a two-hundred day simple moving average of $181.48. Grupo Aeroportuario del Pacífico, S.A.B. de C.V. has a fifty-two week low of $139.64 and a fifty-two week high of $205.35. 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 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.