Shares of Grupo Aeroportuario del Pacifico SAB de CV (NYSE:PAC) fell 3.4% during trading on Monday . The company traded as low as $102.10 and last traded at $102.48, with a volume of 62,016 shares. The stock had previously closed at $106.07.

A number of brokerages have commented on PAC. Bank of America Corp. lowered Grupo Aeroportuario del Pacifico SAB de CV from a “neutral” rating to an “underperform” rating in a 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 report on Thursday, April 14th.

The firm has a market capitalization of $5.34 billion and a P/E ratio of 33.01. The stock’s 50-day moving average is $101.27 and its 200-day moving average is $91.02.

A hedge fund recently raised its stake in Grupo Aeroportuario del Pacifico SAB de CV stock. Schroder Investment Management Group increased its stake in shares of 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 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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