Maryland State Retirement & Pension System Reduces Stock Position in Grupo Aeroportuario Del Pacifico, S.A. de C.V. $PAC

Maryland State Retirement & Pension System lessened its position in shares of Grupo Aeroportuario Del Pacifico, S.A. de C.V. (NYSE:PAC) by 5.6% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 46,680 shares of the transportation company’s stock after selling 2,781 shares during the quarter. Maryland State Retirement & Pension System’s holdings in Grupo Aeroportuario Del Pacifico were worth $12,306,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the company. &PARTNERS grew its stake in Grupo Aeroportuario Del Pacifico by 143.2% during the 4th quarter. &PARTNERS now owns 2,841 shares of the transportation company’s stock valued at $750,000 after purchasing an additional 1,673 shares during the last quarter. Vanguard Personalized Indexing Management LLC boosted its stake in shares of Grupo Aeroportuario Del Pacifico by 7.7% in the fourth quarter. Vanguard Personalized Indexing Management LLC now owns 1,521 shares of the transportation company’s stock worth $401,000 after buying an additional 109 shares during the last quarter. LRT Capital Management LLC purchased a new stake in shares of Grupo Aeroportuario Del Pacifico in the fourth quarter worth about $739,000. Aigen Investment Management LP boosted its stake in shares of Grupo Aeroportuario Del Pacifico by 67.1% in the fourth quarter. Aigen Investment Management LP now owns 2,120 shares of the transportation company’s stock worth $559,000 after buying an additional 851 shares during the last quarter. Finally, Kestra Advisory Services LLC purchased a new stake in shares of Grupo Aeroportuario Del Pacifico in the fourth quarter worth about $54,000. Hedge funds and other institutional investors own 11.73% of the company’s stock.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “hold (c)” rating on shares of Grupo Aeroportuario Del Pacifico in a research note on Wednesday, June 3rd. Two equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold”.

Grupo Aeroportuario Del Pacifico Stock Up 1.1%

Shares of PAC opened at $250.26 on Wednesday. Grupo Aeroportuario Del Pacifico, S.A. de C.V. has a 52 week low of $206.91 and a 52 week 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. The company has a market capitalization of $12.65 billion, a price-to-earnings ratio of 22.42, a PEG ratio of 0.90 and a beta of 0.94. The stock’s 50-day moving average price is $244.40 and its 200-day moving average price is $254.46.

Grupo Aeroportuario Del Pacifico (NYSE:PAC) last issued its earnings results on Tuesday, March 31st. The transportation company reported $3.72 EPS for the quarter. Grupo Aeroportuario Del Pacifico had a return on equity of 43.12% and a net margin of 25.04%.The firm had revenue of $635.54 million for the quarter. On average, sell-side analysts predict that Grupo Aeroportuario Del Pacifico, S.A. de C.V. will post 12.51 EPS for the current year.

Grupo Aeroportuario Del Pacifico Company Profile

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.