Grupo Aeroportuario del Pacifico SAB de CV (NYSE:PAC)’s share price reached a new 52-week high on Wednesday . The stock traded as high as $104.97 and last traded at $104.53, with a volume of 11,874 shares trading hands. The stock had previously closed at $104.34.

Several research firms recently weighed in on PAC. Zacks Investment Research downgraded Grupo Aeroportuario del Pacifico SAB de CV from a “hold” rating to a “sell” rating in a research note on Wednesday, April 6th. Bank of America Corp. downgraded Grupo Aeroportuario del Pacifico SAB de CV from a “neutral” rating to an “underperform” rating in a research note on Thursday, June 2nd.

The stock has a market capitalization of $5.48 billion and a PE ratio of 34.54. The firm’s 50-day moving average is $99.94 and its 200-day moving average is $89.87.

An institutional investor recently raised its position in Grupo Aeroportuario del Pacifico SAB de CV stock. Schroder Investment Management Group increased its position in shares of Grupo Aeroportuario del Pacifico SAB de CV (NYSE:PAC) by 0.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 61,165 shares of the company’s stock after buying an additional 185 shares during the period. Schroder Investment Management Group owned about 0.12% of Grupo Aeroportuario del Pacifico SAB de CV worth $5,400,000 as of its most recent SEC filing.

Grupo Aeroportuario del Pacifico SAB de CV is a Mexico-based company that operates, maintains and develops airports in the Pacific and Central regions of Mexico. Its airports serve international routes, including Guadalajara-Los Angeles. In addition, its airports serve resort destinations, such as Puerto Vallarta and Los Cabos.

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