Grupo Aeroportuario del Pacífico (NYSE:PAC) Upgraded at StockNews.com

StockNews.com upgraded shares of Grupo Aeroportuario del Pacífico (NYSE:PAC) from a sell rating to a hold rating in a report released on Saturday.

Several other analysts have also commented on PAC. Barclays reaffirmed an “equal weight” rating on shares of Grupo Aeroportuario del Pacífico in a report on Tuesday, January 21st. Jefferies Financial Group raised Grupo Aeroportuario del Pacífico from an “underperform” rating to a “hold” rating and lifted their price objective for the stock from $140.00 to $210.00 in a report on Wednesday, February 12th. Finally, Bank of America downgraded Grupo Aeroportuario del Pacífico from a “buy” rating to a “neutral” rating in a research report on Tuesday, March 4th. One analyst has rated the stock with a sell rating, five have issued a hold rating, two have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, Grupo Aeroportuario del Pacífico currently has an average rating of “Hold” and a consensus price target of $200.00.

Grupo Aeroportuario del Pacífico Stock Performance

Shares of PAC opened at $201.32 on Friday. The company has a debt-to-equity ratio of 2.08, a current ratio of 1.50 and a quick ratio of 1.50. Grupo Aeroportuario del Pacífico has a one year low of $146.62 and a one year high of $206.79. The firm has a market capitalization of $10.17 billion, a P/E ratio of 20.01, a PEG ratio of 1.28 and a beta of 1.11. The business has a fifty day moving average of $189.45 and a 200 day moving average of $186.00.

Hedge Funds Weigh In On Grupo Aeroportuario del Pacífico

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Signaturefd LLC lifted its position in shares of Grupo Aeroportuario del Pacífico by 32.1% in the fourth quarter. Signaturefd LLC now owns 333 shares of the transportation company’s stock valued at $58,000 after acquiring an additional 81 shares in the last quarter. Fifth Third Bancorp lifted its position in shares of Grupo Aeroportuario del Pacífico by 327.4% in the fourth quarter. Fifth Third Bancorp now owns 359 shares of the transportation company’s stock valued at $63,000 after acquiring an additional 275 shares in the last quarter. Parallel Advisors LLC lifted its position in shares of Grupo Aeroportuario del Pacífico by 20.3% in the first quarter. Parallel Advisors LLC now owns 350 shares of the transportation company’s stock valued at $65,000 after acquiring an additional 59 shares in the last quarter. GHP Investment Advisors Inc. purchased a new position in shares of Grupo Aeroportuario del Pacífico in the first quarter valued at about $70,000. Finally, Tower Research Capital LLC TRC lifted its position in shares of Grupo Aeroportuario del Pacífico by 8,020.0% in the fourth quarter. Tower Research Capital LLC TRC now owns 406 shares of the transportation company’s stock valued at $71,000 after acquiring an additional 401 shares in the last quarter. 11.73% of the stock is currently owned by hedge funds and other institutional investors.

About Grupo Aeroportuario del Pacífico

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.