2,805 Shares in Grupo Aeroportuario Del Pacifico, S.A. de C.V. $PAC Bought by LRT Capital Management LLC

LRT Capital Management LLC bought a new position in shares of Grupo Aeroportuario Del Pacifico, S.A. de C.V. (NYSE:PAC) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 2,805 shares of the transportation company’s stock, valued at approximately $739,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of PAC. Lazard Asset Management LLC lifted its position in Grupo Aeroportuario Del Pacifico by 13.4% during the third quarter. Lazard Asset Management LLC now owns 947,581 shares of the transportation company’s stock valued at $224,757,000 after purchasing an additional 112,212 shares during the last quarter. State Street Corp lifted its position in Grupo Aeroportuario Del Pacifico by 3.6% during the fourth quarter. State Street Corp now owns 403,691 shares of the transportation company’s stock valued at $106,425,000 after purchasing an additional 14,079 shares during the last quarter. Northcape Capital Pty Ltd lifted its position in Grupo Aeroportuario Del Pacifico by 1.7% during the fourth quarter. Northcape Capital Pty Ltd now owns 191,049 shares of the transportation company’s stock valued at $51,589,000 after purchasing an additional 3,214 shares during the last quarter. Itau Unibanco Holding S.A. bought a new position in Grupo Aeroportuario Del Pacifico during the fourth quarter valued at $42,634,000. Finally, Dimensional Fund Advisors LP lifted its position in Grupo Aeroportuario Del Pacifico by 4.1% during the fourth quarter. Dimensional Fund Advisors LP now owns 154,800 shares of the transportation company’s stock valued at $40,805,000 after purchasing an additional 6,085 shares during the last quarter. Institutional investors own 11.73% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “hold (c)” rating on shares of Grupo Aeroportuario Del Pacifico in a research report 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. According to data from MarketBeat.com, the stock has an average rating of “Hold”.

Grupo Aeroportuario Del Pacifico Trading Up 3.1%

Shares of PAC opened at $237.04 on Friday. Grupo Aeroportuario Del Pacifico, S.A. de C.V. has a twelve month low of $206.91 and a twelve month high of $300.41. The company has a market cap of $11.98 billion, a P/E ratio of 21.24, a P/E/G ratio of 0.86 and a beta of 0.94. The company has a current ratio of 1.50, a quick ratio of 1.50 and a debt-to-equity ratio of 1.90. The company’s fifty day simple moving average is $244.58 and its 200-day simple moving average is $254.13.

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

Grupo Aeroportuario Del Pacifico Company Profile

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.