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

PAC has been the subject of several research reports. Zacks Investment Research raised Grupo Aeroportuario del Pacifico SAB de CV from a “sell” rating to a “hold” rating in a report on Thursday, April 14th. Bank of America Corp. downgraded Grupo Aeroportuario del Pacifico SAB de CV from a “neutral” rating to an “underperform” rating in a report on Thursday, June 2nd.

The stock has a market capitalization of $5.57 billion and a P/E ratio of 34.22. The firm has a 50 day moving average price of $101.20 and a 200-day moving average price of $90.77.

An institutional investor recently raised its position in Grupo Aeroportuario del Pacifico SAB de CV stock. Schroder Investment Management Group boosted its position in Grupo Aeroportuario del Pacifico SAB de CV (NYSE:PAC) by 0.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm 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 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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