Shares of Grupo Aeroportuario del Pacifico SAB de CV (NYSE:PAC) hit a new 52-week high during trading on Thursday . The company traded as high as $107.56 and last traded at $107.25, with a volume of 27,716 shares changing hands. The stock had previously closed at $105.69.

A number of analysts have commented on PAC shares. Zacks Investment Research cut shares of Grupo Aeroportuario del Pacifico SAB de CV from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, August 3rd. Bank of America Corp. cut shares of Grupo Aeroportuario del Pacifico SAB de CV from a “neutral” rating to an “underperform” rating in a research report on Thursday, June 2nd.

The company has a market cap of $5.65 billion and a P/E ratio of 35.48. The stock has a 50-day moving average price of $102.09 and a 200-day moving average price of $93.37.

The business also recently disclosed a dividend, which will be paid on Wednesday, August 24th. Stockholders of record on Wednesday, August 24th will be issued a dividend of $1.248 per share. This is a boost from Grupo Aeroportuario del Pacifico SAB de CV’s previous dividend of $0.81. The ex-dividend date of this dividend is Monday, August 22nd.

A hedge fund recently raised its stake in Grupo Aeroportuario del Pacifico SAB de CV stock. Schroder Investment Management Group raised its position in Grupo Aeroportuario del Pacifico SAB de CV (NYSE:PAC) by 0.3% during the fourth quarter, according to its most recent 13F filing with the SEC. The fund 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 filing with the SEC.

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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