Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC) Shares Sold by Albert D Mason Inc.

Albert D Mason Inc. lessened its stake in Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC - Free Report) by 12.3% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 11,095 shares of the transportation company's stock after selling 1,550 shares during the period. Grupo Aeroportuario del Pacífico comprises approximately 1.3% of Albert D Mason Inc.'s portfolio, making the stock its 20th largest position. Albert D Mason Inc.'s holdings in Grupo Aeroportuario del Pacífico were worth $1,942,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in PAC. Signaturefd LLC lifted its position in shares of Grupo Aeroportuario del Pacífico by 34.0% during the third quarter. Signaturefd LLC now owns 252 shares of the transportation company's stock worth $44,000 after purchasing an additional 64 shares in the last quarter. US Bancorp DE lifted its holdings in Grupo Aeroportuario del Pacífico by 24.4% during the 3rd quarter. US Bancorp DE now owns 448 shares of the transportation company's stock worth $78,000 after buying an additional 88 shares in the last quarter. Van ECK Associates Corp boosted its position in Grupo Aeroportuario del Pacífico by 67.9% in the 3rd quarter. Van ECK Associates Corp now owns 220 shares of the transportation company's stock valued at $38,000 after buying an additional 89 shares during the period. Blue Trust Inc. grew its stake in shares of Grupo Aeroportuario del Pacífico by 37.3% in the third quarter. Blue Trust Inc. now owns 390 shares of the transportation company's stock worth $68,000 after acquiring an additional 106 shares in the last quarter. Finally, Centiva Capital LP increased its position in shares of Grupo Aeroportuario del Pacífico by 7.2% during the third quarter. Centiva Capital LP now owns 2,447 shares of the transportation company's stock worth $426,000 after acquiring an additional 165 shares during the period. Hedge funds and other institutional investors own 11.73% of the company's stock.

Grupo Aeroportuario del Pacífico Stock Up 0.1 %

NYSE:PAC traded up $0.26 during trading hours on Friday, hitting $189.70. The company's stock had a trading volume of 139,663 shares, compared to its average volume of 39,958. The stock has a market capitalization of $9.59 billion, a P/E ratio of 18.86, a price-to-earnings-growth ratio of 1.34 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. The stock has a fifty day moving average of $184.85 and a 200-day moving average of $174.17. Grupo Aeroportuario del Pacífico, S.A.B. de C.V. has a 52-week low of $139.64 and a 52-week high of $200.00.

Grupo Aeroportuario del Pacífico Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, December 6th. Shareholders of record on Monday, November 25th were paid a $3.7626 dividend. The ex-dividend date of this dividend was Monday, November 25th. This represents a $15.05 annualized dividend and a yield of 7.93%.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on PAC. UBS Group upgraded Grupo Aeroportuario del Pacífico from a "neutral" rating to a "buy" rating in a report on Tuesday, November 26th. Scotiabank downgraded Grupo Aeroportuario del Pacífico from a "sector outperform" rating to a "sector perform" rating and lowered their price objective for the stock from $224.00 to $185.00 in a research report on Wednesday, September 25th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $195.00.

Grupo Aeroportuario del Pacífico 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.