Maryland State Retirement & Pension System Has $9.39 Million Stock Position in Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC)

Maryland State Retirement & Pension System raised its holdings in Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC) by 5.8% during the fourth quarter, HoldingsChannel reports. The firm owned 53,676 shares of the transportation company’s stock after acquiring an additional 2,936 shares during the quarter. Maryland State Retirement & Pension System’s holdings in Grupo Aeroportuario del Pacífico were worth $9,393,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Signaturefd LLC boosted its stake in 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 buying an additional 81 shares in the last quarter. Fifth Third Bancorp grew its holdings in shares of Grupo Aeroportuario del Pacífico by 327.4% during the 4th quarter. Fifth Third Bancorp now owns 359 shares of the transportation company’s stock valued at $63,000 after purchasing an additional 275 shares during the last quarter. Blue Trust Inc. increased its position in Grupo Aeroportuario del Pacífico by 13.6% during the 4th quarter. Blue Trust Inc. now owns 443 shares of the transportation company’s stock worth $78,000 after purchasing an additional 53 shares in the last quarter. US Bancorp DE lifted its stake 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 valued at $96,000 after purchasing an additional 99 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. boosted its position in Grupo Aeroportuario del Pacífico by 41.3% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 811 shares of the transportation company’s stock valued at $144,000 after buying an additional 237 shares in the last quarter. Institutional investors own 11.73% of the company’s stock.

Grupo Aeroportuario del Pacífico Stock Down 3.7 %

Shares of PAC opened at $190.60 on Wednesday. The stock’s 50-day moving average price is $190.27 and its two-hundred day moving average price is $183.13. Grupo Aeroportuario del Pacífico, S.A.B. de C.V. has a 12 month low of $144.36 and a 12 month high of $205.35. The company has a market capitalization of $9.63 billion, a PE ratio of 18.95, a PEG ratio of 1.28 and a beta of 1.46. The company has a current ratio of 1.50, a quick ratio of 1.50 and a debt-to-equity ratio of 2.08.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the stock. UBS Group upgraded shares of Grupo Aeroportuario del Pacífico from a “neutral” rating to a “buy” rating in a report on Tuesday, November 26th. Jefferies Financial Group upgraded Grupo Aeroportuario del Pacífico from an “underperform” rating to a “hold” rating and increased their target price for the company from $140.00 to $210.00 in a research report on Wednesday, February 12th. Barclays reissued an “equal weight” rating on shares of Grupo Aeroportuario del Pacífico in a research note on Tuesday, January 21st. Finally, Bank of America downgraded Grupo Aeroportuario del Pacífico from a “buy” rating to a “neutral” rating in a research note on Tuesday, March 4th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Grupo Aeroportuario del Pacífico presently has a consensus rating of “Hold” and an average price target of $200.00.

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.