Marshall Financial Group LLC Purchases New Holdings in Grupo Aeroportuario Del Pacifico, S.A. de C.V. $PAC

Marshall Financial Group LLC purchased a new position in Grupo Aeroportuario Del Pacifico, S.A. de C.V. (NYSE:PAC) during the fourth quarter, Holdings Channel.com reports. The institutional investor purchased 3,696 shares of the transportation company’s stock, valued at approximately $974,000.

Other hedge funds also recently bought and sold shares of the company. Triasima Portfolio Management inc. purchased a new position in Grupo Aeroportuario Del Pacifico during the third quarter worth approximately $2,056,000. Dorsey Wright & Associates acquired a new stake in shares of Grupo Aeroportuario Del Pacifico in the 3rd quarter worth $1,353,000. American Century Companies Inc. raised its holdings in shares of Grupo Aeroportuario Del Pacifico by 192.5% during the 2nd quarter. American Century Companies Inc. now owns 143,018 shares of the transportation company’s stock worth $32,840,000 after acquiring an additional 94,115 shares during the period. Quadrature Capital Ltd purchased a new position in shares of Grupo Aeroportuario Del Pacifico during the 2nd quarter worth $1,387,000. Finally, Lazard Asset Management LLC boosted its position in shares of Grupo Aeroportuario Del Pacifico by 7.6% during the 2nd quarter. Lazard Asset Management LLC now owns 835,369 shares of the transportation company’s stock valued at $191,816,000 after acquiring an additional 59,351 shares during the last quarter. Institutional investors and hedge funds own 11.73% of the company’s stock.

Grupo Aeroportuario Del Pacifico Trading Down 1.7%

PAC opened at $233.95 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 has a market cap of $11.82 billion, a P/E ratio of 22.82, a PEG ratio of 1.36 and a beta of 1.01. 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 business’s 50-day simple moving average is $265.51 and its 200-day simple moving average is $248.31.

Grupo Aeroportuario Del Pacifico (NYSE:PAC) last posted its earnings results on Tuesday, February 24th. The transportation company reported $1.97 earnings per share for the quarter, missing the consensus estimate of $3.08 by ($1.11). The business had revenue of $549.01 million for the quarter, compared to analysts’ expectations of $613.30 million. Grupo Aeroportuario Del Pacifico had a return on equity of 41.85% and a net margin of 24.06%. As a group, equities research analysts expect that Grupo Aeroportuario Del Pacifico, S.A. de C.V. will post 10 EPS for the current fiscal year.

Analyst Ratings Changes

A number of brokerages recently issued reports on PAC. Weiss Ratings reissued a “hold (c)” rating on shares of Grupo Aeroportuario Del Pacifico in a report on Thursday, January 22nd. Citigroup reissued a “neutral” rating on shares of Grupo Aeroportuario Del Pacifico in a research note on Thursday, January 15th. Zacks Research upgraded Grupo Aeroportuario Del Pacifico from a “strong sell” rating to a “hold” rating in a report on Monday, February 9th. Scotiabank reissued a “sector perform” rating on shares of Grupo Aeroportuario Del Pacifico in a research note on Thursday, December 4th. Finally, Bank of America raised Grupo Aeroportuario Del Pacifico from an “underperform” rating to a “buy” rating in a research report on Thursday, December 11th. Two analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold”.

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.