Altrinsic Global Advisors LLC Has $207,000 Stake in Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC)

Altrinsic Global Advisors LLC reduced its stake in Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC) by 24.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,181 shares of the transportation company’s stock after selling 374 shares during the period. Altrinsic Global Advisors LLC’s holdings in Grupo Aeroportuario del Pacífico were worth $207,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in PAC. Blue Trust Inc. grew its stake in shares of Grupo Aeroportuario del Pacífico by 13.6% during the fourth quarter. Blue Trust Inc. now owns 443 shares of the transportation company’s stock worth $78,000 after buying an additional 53 shares during the last quarter. Signaturefd LLC grew its position in Grupo Aeroportuario del Pacífico by 32.1% during the 4th quarter. Signaturefd LLC now owns 333 shares of the transportation company’s stock worth $58,000 after acquiring an additional 81 shares during the last quarter. Financial Advocates Investment Management grew its position in Grupo Aeroportuario del Pacífico by 3.7% during the 4th quarter. Financial Advocates Investment Management now owns 2,487 shares of the transportation company’s stock worth $435,000 after acquiring an additional 88 shares during the last quarter. US Bancorp DE increased its holdings in Grupo Aeroportuario del Pacífico by 22.1% in the 4th quarter. US Bancorp DE now owns 547 shares of the transportation company’s stock worth $96,000 after purchasing an additional 99 shares in the last quarter. Finally, Geode Capital Management LLC raised its position in Grupo Aeroportuario del Pacífico by 6.1% in the fourth quarter. Geode Capital Management LLC now owns 2,615 shares of the transportation company’s stock valued at $458,000 after purchasing an additional 150 shares during the last quarter. 11.73% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms have recently issued reports on PAC. StockNews.com downgraded Grupo Aeroportuario del Pacífico from a “hold” rating to a “sell” rating in a research note on Friday, April 18th. Bank of America cut shares of Grupo Aeroportuario del Pacífico from a “buy” rating to a “neutral” rating in a research report on Tuesday, March 4th. Barclays reissued an “equal weight” rating on shares of Grupo Aeroportuario del Pacífico in a research note on Tuesday, January 21st. Finally, Jefferies Financial Group raised Grupo Aeroportuario del Pacífico from an “underperform” rating to a “hold” rating and lifted their target price for the stock from $140.00 to $210.00 in a report on Wednesday, February 12th. Two investment analysts have rated the stock with a sell rating, four have given a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, Grupo Aeroportuario del Pacífico presently has an average rating of “Hold” and an average price target of $200.00.

Grupo Aeroportuario del Pacífico Trading Up 1.3 %

NYSE PAC opened at $194.77 on Wednesday. Grupo Aeroportuario del Pacífico, S.A.B. de C.V. has a one year low of $146.62 and a one year high of $205.35. 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 business has a 50 day simple moving average of $189.13 and a 200 day simple moving average of $185.10. The stock has a market capitalization of $9.84 billion, a P/E ratio of 19.36, a P/E/G ratio of 1.28 and a beta of 1.11.

Grupo Aeroportuario del Pacífico Company 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.