Grupo Aeroportuario del Pacífico’s (PAC) Equal Weight Rating Reiterated at Barclays

Barclays reissued their equal weight rating on shares of Grupo Aeroportuario del Pacífico (NYSE:PAC) in a report issued on Tuesday morning, Marketbeat.com reports.

A number of other research analysts have also weighed in on PAC. Scotiabank lowered Grupo Aeroportuario del Pacífico from a “sector outperform” rating to a “sector perform” rating and cut their price objective for the company from $224.00 to $185.00 in a research report on Wednesday, September 25th. UBS Group raised shares of Grupo Aeroportuario del Pacífico from a “neutral” rating to a “buy” rating in a research note on Tuesday, November 26th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $195.00.

Grupo Aeroportuario del Pacífico Trading Down 0.1 %

Shares of PAC stock opened at $189.35 on Tuesday. The firm has a fifty day moving average price of $185.71 and a 200-day moving average price of $174.95. The company has a market cap of $9.57 billion, a price-to-earnings ratio of 18.82, a PEG ratio of 1.22 and a beta of 1.46. Grupo Aeroportuario del Pacífico has a 1 year low of $139.64 and a 1 year high of $200.00. 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 Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 6th. Shareholders of record on Monday, November 25th were issued a $3.7626 dividend. The ex-dividend date of this dividend was Monday, November 25th. This represents a $15.05 dividend on an annualized basis and a yield of 7.95%.

Institutional Trading of Grupo Aeroportuario del Pacífico

Institutional investors have recently bought and sold shares of the business. Blue Trust Inc. boosted its holdings in Grupo Aeroportuario del Pacífico by 102.6% in the 4th quarter. Blue Trust Inc. now owns 790 shares of the transportation company’s stock worth $137,000 after buying an additional 400 shares during the last quarter. Marshall Financial Group LLC grew its holdings in shares of Grupo Aeroportuario del Pacífico by 6.0% during the fourth quarter. Marshall Financial Group LLC now owns 5,928 shares of the transportation company’s stock worth $1,037,000 after buying an additional 338 shares in the last quarter. Fifth Third Bancorp raised 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 buying an additional 275 shares during the last quarter. Janney Montgomery Scott LLC raised its position in shares of Grupo Aeroportuario del Pacífico by 7.1% in the fourth quarter. Janney Montgomery Scott LLC now owns 92,372 shares of the transportation company’s stock valued at $16,164,000 after buying an additional 6,139 shares during the last quarter. Finally, Outlook Wealth Advisors LLC lifted its stake in shares of Grupo Aeroportuario del Pacífico by 12.2% in the fourth quarter. Outlook Wealth Advisors LLC now owns 2,397 shares of the transportation company’s stock worth $419,000 after buying an additional 261 shares in the last quarter. 11.73% of the stock is owned by institutional investors and hedge funds.

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.