Grupo Aeroportuario del Pacifico SAB de CV (NYSE:PAC) shares reached a new 52-week high on Thursday . The company traded as high as $106.98 and last traded at $106.35, with a volume of 14,989 shares trading hands. The stock had previously closed at $105.26.

A number of research firms have recently weighed in on PAC. Bank of America Corp. cut Grupo Aeroportuario del Pacifico SAB de CV from a “neutral” rating to an “underperform” rating in a research report on Thursday, June 2nd. Zacks Investment Research raised Grupo Aeroportuario del Pacifico SAB de CV from a “sell” rating to a “hold” rating in a research report on Thursday, April 14th.

The stock’s 50 day moving average is $100.75 and its 200 day moving average is $90.51. The firm has a market cap of $5.58 billion and a P/E ratio of 34.25.

An institutional investor recently raised its position in Grupo Aeroportuario del Pacifico SAB de CV stock. Schroder Investment Management Group boosted 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 SEC. 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 approximately 0.12% of Grupo Aeroportuario del Pacifico SAB de CV worth $5,400,000 at the end of the most recent quarter.

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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