2,360 Shares in Grupo Aeroportuario Del Pacifico, S.A. de C.V. $PAC Acquired by Thornburg Investment Management Inc.

Thornburg Investment Management Inc. acquired a new position in shares of Grupo Aeroportuario Del Pacifico, S.A. de C.V. (NYSE:PAC) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm acquired 2,360 shares of the transportation company’s stock, valued at approximately $542,000.

Several other hedge funds have also made changes to their positions in PAC. Allworth Financial LP grew its position in shares of Grupo Aeroportuario Del Pacifico by 48.1% during the 2nd quarter. Allworth Financial LP now owns 154 shares of the transportation company’s stock worth $35,000 after buying an additional 50 shares in the last quarter. CWM LLC lifted its stake in Grupo Aeroportuario Del Pacifico by 41.5% in the second quarter. CWM LLC now owns 174 shares of the transportation company’s stock worth $40,000 after acquiring an additional 51 shares during the period. Hantz Financial Services Inc. grew its holdings in Grupo Aeroportuario Del Pacifico by 680.0% during the 2nd quarter. Hantz Financial Services Inc. now owns 195 shares of the transportation company’s stock worth $45,000 after acquiring an additional 170 shares in the last quarter. Caitong International Asset Management Co. Ltd bought a new position in Grupo Aeroportuario Del Pacifico during the 1st quarter worth about $54,000. Finally, Blue Trust Inc. increased its position in Grupo Aeroportuario Del Pacifico by 24.9% during the 2nd quarter. Blue Trust Inc. now owns 596 shares of the transportation company’s stock valued at $137,000 after purchasing an additional 119 shares during the period. 11.73% of the stock is currently owned by hedge funds and other institutional investors.

Grupo Aeroportuario Del Pacifico Stock Performance

Shares of PAC stock opened at $237.17 on Thursday. Grupo Aeroportuario Del Pacifico, S.A. de C.V. has a 12-month low of $168.62 and a 12-month high of $259.33. The business’s fifty day simple moving average is $225.92 and its 200-day simple moving average is $231.28. The company has a current ratio of 2.01, a quick ratio of 2.01 and a debt-to-equity ratio of 2.21. The company has a market cap of $11.98 billion, a PE ratio of 22.76, a PEG ratio of 2.72 and a beta of 1.13.

Grupo Aeroportuario Del Pacifico (NYSE:PAC) last announced 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). The business had revenue of $520.69 million for the quarter, compared to analyst estimates of $11.04 billion. Grupo Aeroportuario Del Pacifico had a net margin of 25.27% and a return on equity of 42.07%. Analysts expect that Grupo Aeroportuario Del Pacifico, S.A. de C.V. will post 10 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

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

About Grupo Aeroportuario Del Pacifico

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.