Grupo Aeroportuario Del Pacifico, S.A. de C.V. (NYSE:PAC) Given Consensus Recommendation of “Hold” by Analysts

Grupo Aeroportuario Del Pacifico, S.A. de C.V. (NYSE:PAC) has been assigned an average recommendation of “Hold” from the six analysts that are presently covering the firm, MarketBeat.com reports. Four investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company.

A number of equities analysts have recently weighed in on PAC shares. Citigroup reissued a “neutral” rating on shares of Grupo Aeroportuario Del Pacifico in a research report on Thursday, January 15th. Weiss Ratings reissued a “hold (c)” rating on shares of Grupo Aeroportuario Del Pacifico in a research report on Thursday, January 22nd. Finally, Zacks Research raised shares of Grupo Aeroportuario Del Pacifico from a “strong sell” rating to a “hold” rating in a research report on Monday, February 9th.

Grupo Aeroportuario Del Pacifico Trading Down 2.0%

Shares of NYSE PAC opened at $246.02 on Tuesday. The company’s fifty day moving average is $246.39 and its 200-day moving average is $250.24. The stock has a market cap of $12.43 billion, a price-to-earnings ratio of 22.05, a P/E/G ratio of 1.45 and a beta of 0.98. Grupo Aeroportuario Del Pacifico has a twelve month low of $206.91 and a twelve month high of $300.41. The company has a quick ratio of 1.50, a current ratio of 1.50 and a debt-to-equity ratio of 1.90.

Grupo Aeroportuario Del Pacifico (NYSE:PAC) last announced its quarterly earnings results on Tuesday, March 31st. The transportation company reported $3.72 earnings per share for the quarter. The company had revenue of $635.54 million for the quarter. Grupo Aeroportuario Del Pacifico had a net margin of 25.04% and a return on equity of 43.12%. Equities research analysts predict that Grupo Aeroportuario Del Pacifico will post 12.62 EPS for the current year.

Hedge Funds Weigh In On Grupo Aeroportuario Del Pacifico

A number of hedge funds and other institutional investors have recently made changes to their positions in PAC. Lazard Asset Management LLC boosted its position in shares of Grupo Aeroportuario Del Pacifico by 21.8% during the fourth quarter. Lazard Asset Management LLC now owns 1,154,495 shares of the transportation company’s stock worth $304,359,000 after purchasing an additional 206,914 shares in the last quarter. Itau Unibanco Holding S.A. bought a new stake in Grupo Aeroportuario Del Pacifico in the 4th quarter valued at $42,634,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC bought a new stake in Grupo Aeroportuario Del Pacifico in the 3rd quarter valued at $30,453,000. Fisher Funds Management LTD bought a new stake in Grupo Aeroportuario Del Pacifico in the 4th quarter valued at $25,933,000. Finally, Janney Montgomery Scott LLC lifted its position in Grupo Aeroportuario Del Pacifico by 4,465.1% in the 4th quarter. Janney Montgomery Scott LLC now owns 47,842 shares of the transportation company’s stock valued at $12,613,000 after acquiring an additional 46,794 shares in the last quarter. 11.73% of the stock is owned by institutional investors.

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.