Grupo Aeroportuario Del Pacifico, S.A. de C.V. (NYSE:PAC) Receives Consensus Recommendation of “Hold” from Brokerages

Grupo Aeroportuario Del Pacifico, S.A. de C.V. (NYSE:PAC) has received a consensus recommendation of “Hold” from the six analysts that are covering the company, Marketbeat Ratings reports. Four investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company.

A number of research firms have weighed in on PAC. Bank of America raised Grupo Aeroportuario Del Pacifico from an “underperform” rating to a “buy” rating in a research report on Thursday, December 11th. 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. Citigroup reaffirmed a “neutral” rating on shares of Grupo Aeroportuario Del Pacifico in a research report on Thursday, January 15th. JPMorgan Chase & Co. raised shares of Grupo Aeroportuario Del Pacifico from a “neutral” rating to an “overweight” rating in a research report on Friday, November 14th. Finally, Scotiabank restated a “sector perform” rating on shares of Grupo Aeroportuario Del Pacifico in a research note on Thursday, December 4th.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. Allworth Financial LP boosted its holdings in shares of Grupo Aeroportuario Del Pacifico by 48.1% in the 2nd quarter. Allworth Financial LP now owns 154 shares of the transportation company’s stock valued at $35,000 after buying an additional 50 shares during the last quarter. CWM LLC raised its position in Grupo Aeroportuario Del Pacifico by 41.5% during the second quarter. CWM LLC now owns 174 shares of the transportation company’s stock worth $40,000 after acquiring an additional 51 shares in the last quarter. EverSource Wealth Advisors LLC lifted its stake in Grupo Aeroportuario Del Pacifico by 65.7% in the fourth quarter. EverSource Wealth Advisors LLC now owns 164 shares of the transportation company’s stock valued at $43,000 after acquiring an additional 65 shares during the last quarter. Measured Wealth Private Client Group LLC bought a new position in shares of Grupo Aeroportuario Del Pacifico in the 3rd quarter valued at about $43,000. Finally, Hantz Financial Services Inc. increased its stake in shares of Grupo Aeroportuario Del Pacifico by 680.0% during the 2nd quarter. Hantz Financial Services Inc. now owns 195 shares of the transportation company’s stock worth $45,000 after purchasing an additional 170 shares during the last quarter. Institutional investors and hedge funds own 11.73% of the company’s stock.

Grupo Aeroportuario Del Pacifico Stock Performance

PAC opened at $279.33 on Thursday. The business’s 50-day moving average price is $274.18 and its two-hundred day moving average price is $248.60. Grupo Aeroportuario Del Pacifico has a 1 year low of $168.62 and a 1 year high of $300.41. The company has a debt-to-equity ratio of 2.21, a current ratio of 2.01 and a quick ratio of 2.01.

Grupo Aeroportuario Del Pacifico Company Profile

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.