Alps Advisors Inc. acquired a new stake in Grupo Aeroportr dl Pcfco SAB de CV (NYSE:PAC) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 8,442 shares of the transportation company’s stock, valued at approximately $688,000.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. Renaissance Technologies LLC boosted its position in Grupo Aeroportr dl Pcfco SAB de CV by 8.5% in the 3rd quarter. Renaissance Technologies LLC now owns 655,300 shares of the transportation company’s stock valued at $71,546,000 after buying an additional 51,500 shares during the last quarter. BlackRock Inc. boosted its position in Grupo Aeroportr dl Pcfco SAB de CV by 9.9% in the 3rd quarter. BlackRock Inc. now owns 513,842 shares of the transportation company’s stock valued at $56,101,000 after buying an additional 46,143 shares during the last quarter. Schroder Investment Management Group boosted its position in Grupo Aeroportr dl Pcfco SAB de CV by 65.3% in the 3rd quarter. Schroder Investment Management Group now owns 398,501 shares of the transportation company’s stock valued at $43,508,000 after buying an additional 157,440 shares during the last quarter. Cohen & Steers Inc. boosted its position in Grupo Aeroportr dl Pcfco SAB de CV by 7.0% in the 3rd quarter. Cohen & Steers Inc. now owns 206,833 shares of the transportation company’s stock valued at $22,582,000 after buying an additional 13,498 shares during the last quarter. Finally, Russell Investments Group Ltd. boosted its position in Grupo Aeroportr dl Pcfco SAB de CV by 3.8% in the 3rd quarter. Russell Investments Group Ltd. now owns 177,116 shares of the transportation company’s stock valued at $19,281,000 after buying an additional 6,561 shares during the last quarter. Hedge funds and other institutional investors own 7.40% of the company’s stock.

NYSE:PAC opened at $87.04 on Thursday. Grupo Aeroportr dl Pcfco SAB de CV has a 12-month low of $64.45 and a 12-month high of $111.60. The company has a debt-to-equity ratio of 0.75, a quick ratio of 2.34 and a current ratio of 2.34. The firm has a market capitalization of $4.96 billion, a PE ratio of 21.28, a P/E/G ratio of 3.02 and a beta of 0.39.

A number of research analysts have commented on PAC shares. Bank of America lowered Grupo Aeroportr dl Pcfco SAB de CV from a “neutral” rating to an “underperform” rating in a research report on Tuesday, October 30th. UBS Group upgraded Grupo Aeroportr dl Pcfco SAB de CV from a “neutral” rating to a “buy” rating in a research report on Monday, January 7th. ValuEngine lowered Grupo Aeroportr dl Pcfco SAB de CV from a “hold” rating to a “sell” rating in a research report on Friday, November 23rd. Zacks Investment Research lowered Grupo Aeroportr dl Pcfco SAB de CV from a “strong-buy” rating to a “hold” rating in a research report on Thursday, November 1st. Finally, Scotiabank lowered Grupo Aeroportr dl Pcfco SAB de CV from an “outperform” rating to a “sector perform” rating in a research report on Monday. One research analyst has rated the stock with a sell rating, two have given a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company. The stock has an average rating of “Buy” and an average price target of $151.00.

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About Grupo Aeroportr dl Pcfco SAB de CV

Grupo Aeroportuario del Pacífico, SAB. de C.V. operates airports primarily in Mexico's Pacific region. It has 12 airports in Guadalajara, Puerto Vallarta, Tijuana, San Jose del Cabo, Guanajuato (Bajío), Hermosillo, Mexicali, Los Mochis, La Paz, Manzanillo, Morelia, and Aguascalientes, as well as 1 international airport in Jamaica.

Further Reading: Net Asset Value

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Institutional Ownership by Quarter for Grupo Aeroportr dl Pcfco SAB de CV (NYSE:PAC)

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