Metis Global Partners LLC Increases Stock Position in Grupo Aeroportuario Del Pacifico, S.A. de C.V. $PAC

Metis Global Partners LLC grew its holdings in Grupo Aeroportuario Del Pacifico, S.A. de C.V. (NYSE:PAC) by 7.0% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 39,210 shares of the transportation company’s stock after buying an additional 2,554 shares during the period. Metis Global Partners LLC’s holdings in Grupo Aeroportuario Del Pacifico were worth $10,337,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. EverSource Wealth Advisors LLC grew its stake in shares of Grupo Aeroportuario Del Pacifico by 65.7% in the 4th quarter. EverSource Wealth Advisors LLC now owns 164 shares of the transportation company’s stock worth $43,000 after buying an additional 65 shares in the last quarter. Measured Wealth Private Client Group LLC purchased a new position in shares of Grupo Aeroportuario Del Pacifico in the 3rd quarter worth $43,000. Allworth Financial LP grew its stake in shares of Grupo Aeroportuario Del Pacifico by 92.0% in the 4th quarter. Allworth Financial LP now owns 311 shares of the transportation company’s stock worth $82,000 after buying an additional 149 shares in the last quarter. Van ECK Associates Corp grew its stake in shares of Grupo Aeroportuario Del Pacifico by 20.6% in the 3rd quarter. Van ECK Associates Corp now owns 334 shares of the transportation company’s stock worth $79,000 after buying an additional 57 shares in the last quarter. Finally, Hantz Financial Services Inc. grew its stake in shares of Grupo Aeroportuario Del Pacifico by 145.1% in the 3rd quarter. Hantz Financial Services Inc. now owns 478 shares of the transportation company’s stock worth $113,000 after buying an additional 283 shares in the last quarter. 11.73% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of Grupo Aeroportuario Del Pacifico in a research note on Wednesday, June 3rd. Two research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Grupo Aeroportuario Del Pacifico presently has a consensus rating of “Hold”.

Grupo Aeroportuario Del Pacifico Stock Performance

Shares of NYSE:PAC opened at $222.07 on Thursday. The firm has a fifty day simple moving average of $245.13 and a two-hundred day simple moving average of $254.21. The stock has a market capitalization of $11.22 billion, a P/E ratio of 19.90, a PEG ratio of 0.82 and a beta of 0.94. The company has a quick ratio of 1.50, a current ratio of 1.50 and a debt-to-equity ratio of 1.90. Grupo Aeroportuario Del Pacifico, S.A. de C.V. has a 52 week low of $206.91 and a 52 week high of $300.41.

Grupo Aeroportuario Del Pacifico (NYSE:PAC) last released its earnings results on Tuesday, March 31st. The transportation company reported $3.72 earnings per share (EPS) for the quarter. The firm had revenue of $635.54 million during the quarter. Grupo Aeroportuario Del Pacifico had a net margin of 25.04% and a return on equity of 43.12%. On average, analysts expect that Grupo Aeroportuario Del Pacifico, S.A. de C.V. will post 12.51 earnings per share for the current fiscal year.

About Grupo Aeroportuario Del Pacifico

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.