Grupo Aeroportuario Del Pacifico, S.A. de C.V. (NYSE:PAC) Given Average Rating of “Hold” by Analysts

Shares of Grupo Aeroportuario Del Pacifico, S.A. de C.V. (NYSE:PAC) have been assigned an average rating of “Hold” from the six ratings firms that are presently covering the stock, Marketbeat Ratings reports. Four research analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company.

Separately, Zacks Research raised shares of Grupo Aeroportuario Del Pacifico from a “strong sell” rating to a “hold” rating in a research report on Monday, February 9th.

Institutional Trading of Grupo Aeroportuario Del Pacifico

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. NewEdge Advisors LLC raised its position in Grupo Aeroportuario Del Pacifico by 12.4% during the first quarter. NewEdge Advisors LLC now owns 1,222 shares of the transportation company’s stock worth $302,000 after acquiring an additional 135 shares in the last quarter. Bank of America Corp DE raised its position in Grupo Aeroportuario Del Pacifico by 185.0% during the first quarter. Bank of America Corp DE now owns 83,866 shares of the transportation company’s stock worth $20,704,000 after acquiring an additional 54,439 shares in the last quarter. EverSource Wealth Advisors LLC raised its position in Grupo Aeroportuario Del Pacifico by 50.6% during the first quarter. EverSource Wealth Advisors LLC now owns 247 shares of the transportation company’s stock worth $61,000 after acquiring an additional 83 shares in the last quarter. Empowered Funds LLC raised its position in Grupo Aeroportuario Del Pacifico by 148.1% during the first quarter. Empowered Funds LLC now owns 74,607 shares of the transportation company’s stock worth $18,418,000 after acquiring an additional 44,531 shares in the last quarter. Finally, Quantinno Capital Management LP raised its position in Grupo Aeroportuario Del Pacifico by 44.8% during the first quarter. Quantinno Capital Management LP now owns 7,062 shares of the transportation company’s stock worth $1,743,000 after acquiring an additional 2,184 shares in the last quarter. 11.73% of the stock is owned by institutional investors.

Grupo Aeroportuario Del Pacifico Stock Performance

Shares of PAC opened at $240.63 on Friday. Grupo Aeroportuario Del Pacifico has a 12 month low of $206.91 and a 12 month high of $300.41. The firm has a fifty day simple moving average of $246.70 and a 200 day simple moving average of $253.92. The stock has a market capitalization of $12.16 billion, a price-to-earnings ratio of 21.56, a PEG ratio of 0.87 and a beta of 0.94. The company has a current ratio of 1.50, a quick ratio of 1.50 and a debt-to-equity ratio of 1.90.

Grupo Aeroportuario Del Pacifico (NYSE:PAC) last announced its earnings results on Tuesday, March 31st. The transportation company reported $3.72 EPS for the quarter. Grupo Aeroportuario Del Pacifico had a net margin of 25.04% and a return on equity of 43.12%. The business had revenue of $635.54 million during the quarter. Research analysts forecast that Grupo Aeroportuario Del Pacifico will post 12.51 EPS for the current fiscal year.

About Grupo Aeroportuario Del Pacifico

Grupo Aeroportuario del Pacífico, SAB. de C.V. (NYSE:PAC), commonly known as GAP, is a leading airport operator in Mexico. Established in 1998 as part of the federal government’s airport privatization program, GAP holds long‐term concession agreements—typically 50 years—to manage, develop and operate airports under a public–private partnership model. Through these concessions, the company undertakes terminal expansions, runway maintenance and the modernization of navigation and security systems.

The company’s portfolio comprises 12 airports across Mexico’s Pacific and western regions, including major hubs such as Guadalajara, Tijuana, Los Cabos, Puerto Vallarta and Mazatlán, as well as regional facilities in Aguascalientes, Morelia and La Paz.