Marshall Financial Group LLC Grows Position in Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC)

Marshall Financial Group LLC raised its stake in shares of Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC) by 6.0% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 5,928 shares of the transportation company’s stock after purchasing an additional 338 shares during the period. Marshall Financial Group LLC’s holdings in Grupo Aeroportuario del Pacífico were worth $1,037,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the stock. State Street Corp increased its holdings in shares of Grupo Aeroportuario del Pacífico by 11.0% during the 3rd quarter. State Street Corp now owns 374,595 shares of the transportation company’s stock worth $65,187,000 after buying an additional 37,005 shares during the last quarter. Northcape Capital Pty Ltd grew its position in Grupo Aeroportuario del Pacífico by 4.5% during the fourth quarter. Northcape Capital Pty Ltd now owns 171,841 shares of the transportation company’s stock valued at $30,070,000 after acquiring an additional 7,473 shares during the period. Dimensional Fund Advisors LP increased its stake in Grupo Aeroportuario del Pacífico by 4.1% during the second quarter. Dimensional Fund Advisors LP now owns 138,103 shares of the transportation company’s stock worth $21,515,000 after acquiring an additional 5,481 shares during the last quarter. Itau Unibanco Holding S.A. purchased a new position in shares of Grupo Aeroportuario del Pacífico in the 3rd quarter worth about $23,145,000. Finally, Janney Montgomery Scott LLC raised its holdings in shares of Grupo Aeroportuario del Pacífico by 7.1% in the 4th quarter. Janney Montgomery Scott LLC now owns 92,372 shares of the transportation company’s stock worth $16,164,000 after purchasing an additional 6,139 shares during the period. Hedge funds and other institutional investors own 11.73% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently issued reports on PAC. Barclays reissued an “equal weight” rating on shares of Grupo Aeroportuario del Pacífico in a research report on Tuesday, January 21st. UBS Group raised shares of Grupo Aeroportuario del Pacífico from a “neutral” rating to a “buy” rating in a research report on Tuesday, November 26th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $195.00.

Grupo Aeroportuario del Pacífico Price Performance

PAC stock opened at $189.07 on Friday. The firm has a market cap of $9.55 billion, a P/E ratio of 18.79, a price-to-earnings-growth ratio of 1.22 and a beta of 1.46. The company has a debt-to-equity ratio of 2.08, a quick ratio of 1.50 and a current ratio of 1.50. Grupo Aeroportuario del Pacífico, S.A.B. de C.V. has a 1 year low of $139.64 and a 1 year high of $200.00. The stock has a 50-day simple moving average of $185.85 and a 200-day simple moving average of $175.29.

Grupo Aeroportuario del Pacífico Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 6th. Shareholders of record on Monday, November 25th were given a $3.7626 dividend. This represents a $15.05 annualized dividend and a yield of 7.96%. The ex-dividend date of this dividend was Monday, November 25th.

Grupo Aeroportuario del Pacífico Profile

Grupo Aeroportuario del Pacífico, SAB. de C.V., together with its subsidiaries, holds concessions to develop, operate, and manage airports in Mexico and Jamaica. The company operates twelve international airports in Guadalajara and Tijuana areas, Mexico; and two international airports in Montego Bay, Jamaica.