Grupo Aeroportr dl Pcfco SAB de CV (PAC) Receives Consensus Recommendation of “Hold” from Analysts
Grupo Aeroportr dl Pcfco SAB de CV (NYSE:PAC) has been given a consensus rating of “Hold” by the six research firms that are currently covering the stock, MarketBeat reports. Two equities research analysts have rated the stock with a sell recommendation, one has issued a hold recommendation and three have given a buy recommendation to the company. The average 1-year price objective among analysts that have covered the stock in the last year is $110.00.
Separately, Zacks Investment Research cut shares of Grupo Aeroportr dl Pcfco SAB de CV from a “strong-buy” rating to a “hold” rating in a report on Tuesday, September 19th.
Grupo Aeroportr dl Pcfco SAB de CV (NYSE PAC) opened at $106.05 on Wednesday. Grupo Aeroportr dl Pcfco SAB de CV has a twelve month low of $72.52 and a twelve month high of $119.87. The firm has a market cap of $5,990.00, a PE ratio of 23.26, a P/E/G ratio of 4.65 and a beta of 0.35. The company has a current ratio of 2.04, a quick ratio of 2.04 and a debt-to-equity ratio of 0.60.
A number of institutional investors have recently added to or reduced their stakes in the stock. Cohen & Steers Inc. boosted its holdings in Grupo Aeroportr dl Pcfco SAB de CV by 35.9% during the third quarter. Cohen & Steers Inc. now owns 193,289 shares of the transportation company’s stock worth $19,818,000 after purchasing an additional 51,024 shares during the last quarter. Manning & Napier Advisors LLC purchased a new position in Grupo Aeroportr dl Pcfco SAB de CV in the third quarter valued at about $19,411,000. SG Americas Securities LLC purchased a new position in Grupo Aeroportr dl Pcfco SAB de CV in the third quarter valued at about $109,000. Sei Investments Co. boosted its stake in Grupo Aeroportr dl Pcfco SAB de CV by 42.4% in the third quarter. Sei Investments Co. now owns 34,775 shares of the transportation company’s stock valued at $3,565,000 after acquiring an additional 10,360 shares during the last quarter. Finally, Forward Management LLC boosted its stake in Grupo Aeroportr dl Pcfco SAB de CV by 137.9% in the third quarter. Forward Management LLC now owns 6,900 shares of the transportation company’s stock valued at $707,000 after acquiring an additional 4,000 shares during the last quarter. Institutional investors and hedge funds own 6.53% of the company’s stock.
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About Grupo Aeroportr dl Pcfco SAB de CV
Grupo Aeroportuario del Pacifico, SAB. de C.V. is a holding company. The Company holds concessions to operate, maintain and develop approximately 10 international airports in the Pacific and Central regions of Mexico, and an international airport in Jamaica. The Company’s segments include Guadalajara, Tijuana, Puerto Vallarta, San Jose del Cabo, Montego Bay, Hermosillo, Bajio, Other Airports and Others Companies.
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