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

Shares of Grupo Aeroportuario Del Pacifico, S.A. de C.V. (NYSE:PAC) have received an average rating of “Hold” from the six research firms that are currently covering the stock, MarketBeat Ratings reports. Four research analysts have rated the stock with a hold rating and two have issued a buy rating on the company.

Separately, Weiss Ratings restated a “hold (c)” rating on shares of Grupo Aeroportuario Del Pacifico in a research note on Wednesday, June 3rd.

Institutional Investors Weigh In On Grupo Aeroportuario Del Pacifico

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Militia Capital Management LLC bought a new stake in shares of Grupo Aeroportuario Del Pacifico during the 1st quarter worth approximately $839,000. NewEdge Advisors LLC raised its stake in shares of Grupo Aeroportuario Del Pacifico by 12.4% during the 1st quarter. NewEdge Advisors LLC now owns 1,222 shares of the transportation company’s stock worth $302,000 after purchasing an additional 135 shares in the last quarter. Bank of America Corp DE raised its stake in shares of Grupo Aeroportuario Del Pacifico by 185.0% during the 1st quarter. Bank of America Corp DE now owns 83,866 shares of the transportation company’s stock worth $20,704,000 after purchasing an additional 54,439 shares in the last quarter. EverSource Wealth Advisors LLC raised its stake in shares of Grupo Aeroportuario Del Pacifico by 50.6% during the 1st quarter. EverSource Wealth Advisors LLC now owns 247 shares of the transportation company’s stock worth $61,000 after purchasing an additional 83 shares in the last quarter. Finally, Empowered Funds LLC raised its stake in shares of Grupo Aeroportuario Del Pacifico by 148.1% during the 1st quarter. Empowered Funds LLC now owns 74,607 shares of the transportation company’s stock worth $18,418,000 after purchasing an additional 44,531 shares in the last quarter. Institutional investors own 11.73% of the company’s stock.

Grupo Aeroportuario Del Pacifico Trading Down 0.3%

NYSE PAC opened at $252.18 on Wednesday. The stock has a market capitalization of $12.74 billion, a price-to-earnings ratio of 22.60, a PEG ratio of 0.91 and a beta of 0.94. The stock’s 50 day moving average price is $245.41 and its two-hundred day moving average price is $255.36. The company has a debt-to-equity ratio of 1.90, a quick ratio of 1.50 and a current ratio of 1.50. Grupo Aeroportuario Del Pacifico has a 52 week low of $206.91 and a 52 week high of $300.41.

Grupo Aeroportuario Del Pacifico (NYSE:PAC) last released its earnings results on Tuesday, March 31st. The transportation company reported $3.72 EPS for the quarter. The firm had revenue of $635.54 million for the quarter. Grupo Aeroportuario Del Pacifico had a return on equity of 43.12% and a net margin of 25.04%. As a group, analysts anticipate that Grupo Aeroportuario Del Pacifico will post 12.64 earnings per share 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.