Arrowstreet Capital Limited Partnership Increases Stock Position in Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC)

Arrowstreet Capital Limited Partnership boosted its holdings in shares of Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC) by 317.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 95,750 shares of the transportation company’s stock after buying an additional 72,798 shares during the quarter. Arrowstreet Capital Limited Partnership’s holdings in Grupo Aeroportuario del Pacífico were worth $16,755,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. LPL Financial LLC purchased a new position in shares of Grupo Aeroportuario del Pacífico in the 4th quarter valued at $470,000. American Century Companies Inc. boosted its position in Grupo Aeroportuario del Pacífico by 5.4% during the fourth quarter. American Century Companies Inc. now owns 46,033 shares of the transportation company’s stock valued at $8,055,000 after purchasing an additional 2,366 shares in the last quarter. Maryland State Retirement & Pension System grew its stake in Grupo Aeroportuario del Pacífico by 5.8% in the fourth quarter. Maryland State Retirement & Pension System now owns 53,676 shares of the transportation company’s stock valued at $9,393,000 after purchasing an additional 2,936 shares during the last quarter. Signaturefd LLC raised its holdings in Grupo Aeroportuario del Pacífico by 32.1% in the fourth quarter. Signaturefd LLC now owns 333 shares of the transportation company’s stock worth $58,000 after purchasing an additional 81 shares in the last quarter. Finally, Raymond James Financial Inc. purchased a new stake in shares of Grupo Aeroportuario del Pacífico during the fourth quarter valued at about $875,000. Institutional investors own 11.73% of the company’s stock.

Grupo Aeroportuario del Pacífico Trading Down 6.1 %

NYSE:PAC opened at $180.22 on Friday. The company has a market capitalization of $9.11 billion, a P/E ratio of 17.91, a PEG ratio of 1.28 and a beta of 1.11. The company has a current ratio of 1.50, a quick ratio of 1.50 and a debt-to-equity ratio of 2.08. Grupo Aeroportuario del Pacífico, S.A.B. de C.V. has a 12 month low of $146.62 and a 12 month high of $205.35. The firm has a fifty day simple moving average of $190.38 and a 200-day simple moving average of $184.42.

Wall Street Analyst Weigh In

PAC has been the topic of a number of analyst reports. Jefferies Financial Group raised shares of 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 research report on Wednesday, February 12th. Barclays reaffirmed an “equal weight” rating on shares of Grupo Aeroportuario del Pacífico in a research report on Tuesday, January 21st. Bank of America cut Grupo Aeroportuario del Pacífico from a “buy” rating to a “neutral” rating in a research report on Tuesday, March 4th. Finally, StockNews.com lowered Grupo Aeroportuario del Pacífico from a “hold” rating to a “sell” rating in a research report on Saturday, March 29th. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating, two have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $200.00.

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.