Stokes Family Office LLC Has $373,000 Stock Position in Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC)

Stokes Family Office LLC cut its holdings in Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC) by 6.5% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,130 shares of the transportation company’s stock after selling 148 shares during the period. Stokes Family Office LLC’s holdings in Grupo Aeroportuario del Pacífico were worth $373,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in PAC. Itau Unibanco Holding S.A. acquired a new stake in shares of Grupo Aeroportuario del Pacífico in the third quarter valued at approximately $23,145,000. National Bank of Canada FI raised its holdings in shares of Grupo Aeroportuario del Pacífico by 7,927.9% in the third quarter. National Bank of Canada FI now owns 48,970 shares of the transportation company’s stock valued at $8,521,000 after purchasing an additional 48,360 shares during the last quarter. State Street Corp raised its holdings in shares of Grupo Aeroportuario del Pacífico by 11.0% in the third quarter. State Street Corp now owns 374,595 shares of the transportation company’s stock valued at $65,187,000 after purchasing an additional 37,005 shares during the last quarter. FMR LLC raised its holdings in shares of Grupo Aeroportuario del Pacífico by 1,454.3% in the third quarter. FMR LLC now owns 19,367 shares of the transportation company’s stock valued at $3,370,000 after purchasing an additional 18,121 shares during the last quarter. Finally, Northcape Capital Pty Ltd raised its holdings in shares of Grupo Aeroportuario del Pacífico by 4.5% in the fourth quarter. Northcape Capital Pty Ltd now owns 171,841 shares of the transportation company’s stock valued at $30,070,000 after purchasing an additional 7,473 shares during the last quarter. 11.73% of the stock is currently owned by institutional investors and hedge funds.

Grupo Aeroportuario del Pacífico Trading Up 1.1 %

PAC stock opened at $192.58 on Thursday. The company has a debt-to-equity ratio of 2.08, a current ratio of 1.50 and a quick ratio of 1.50. The company has a fifty day moving average price of $190.44 and a two-hundred day moving average price of $183.19. Grupo Aeroportuario del Pacífico, S.A.B. de C.V. has a one year low of $144.89 and a one year high of $205.35. The stock has a market cap of $9.73 billion, a price-to-earnings ratio of 19.14, a price-to-earnings-growth ratio of 1.28 and a beta of 1.46.

Analyst Ratings Changes

A number of analysts have recently issued reports on the stock. Bank of America downgraded shares of Grupo Aeroportuario del Pacífico from a “buy” rating to a “neutral” rating in a report on Tuesday, March 4th. UBS Group upgraded shares of Grupo Aeroportuario del Pacífico from a “neutral” rating to a “buy” rating in a report on Tuesday, November 26th. Barclays restated an “equal weight” rating on shares of Grupo Aeroportuario del Pacífico in a report on Tuesday, January 21st. Finally, Jefferies Financial Group upgraded shares of Grupo Aeroportuario del Pacífico from an “underperform” rating to a “hold” rating and boosted their target price for the stock from $140.00 to $210.00 in a report on Wednesday, February 12th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, Grupo Aeroportuario del Pacífico presently has a consensus rating of “Hold” and an average price target of $200.00.

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.