Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC) Shares Purchased by CANADA LIFE ASSURANCE Co

CANADA LIFE ASSURANCE Co grew its holdings in Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC - Free Report) by 4.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 31,866 shares of the transportation company's stock after purchasing an additional 1,455 shares during the period. CANADA LIFE ASSURANCE Co owned approximately 0.06% of Grupo Aeroportuario del Pacífico worth $5,580,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of PAC. Blue Trust Inc. raised its holdings in Grupo Aeroportuario del Pacífico by 13.6% in the 4th quarter. Blue Trust Inc. now owns 443 shares of the transportation company's stock valued at $78,000 after buying an additional 53 shares during the period. Signaturefd LLC raised its stake in shares of Grupo Aeroportuario del Pacífico by 32.1% in the 4th quarter. Signaturefd LLC now owns 333 shares of the transportation company's stock valued at $58,000 after acquiring an additional 81 shares during the period. Financial Advocates Investment Management lifted its holdings in shares of Grupo Aeroportuario del Pacífico by 3.7% in the 4th quarter. Financial Advocates Investment Management now owns 2,487 shares of the transportation company's stock worth $435,000 after acquiring an additional 88 shares during the last quarter. US Bancorp DE boosted its position in shares of Grupo Aeroportuario del Pacífico by 22.1% during the 4th quarter. US Bancorp DE now owns 547 shares of the transportation company's stock worth $96,000 after purchasing an additional 99 shares during the period. Finally, Geode Capital Management LLC increased its holdings in Grupo Aeroportuario del Pacífico by 6.1% in the 4th quarter. Geode Capital Management LLC now owns 2,615 shares of the transportation company's stock valued at $458,000 after purchasing an additional 150 shares during the last quarter. 11.73% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

PAC has been the topic of a number of research reports. Jefferies Financial Group upgraded Grupo Aeroportuario del Pacífico from an "underperform" rating to a "hold" rating and upped their price target for the stock from $140.00 to $210.00 in a research note on Wednesday, February 12th. StockNews.com raised Grupo Aeroportuario del Pacífico from a "sell" rating to a "hold" rating in a research note on Saturday. Bank of America downgraded Grupo Aeroportuario del Pacífico from a "buy" rating to a "neutral" rating in a research report on Tuesday, March 4th. Finally, Barclays reissued an "equal weight" rating on shares of Grupo Aeroportuario del Pacífico in a research report on Tuesday, January 21st. One research analyst has rated the stock with a sell rating, five have assigned a hold rating, two have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, Grupo Aeroportuario del Pacífico currently has a consensus rating of "Hold" and a consensus target price of $200.00.

Grupo Aeroportuario del Pacífico Stock Up 1.1 %

PAC traded up $2.18 on Friday, hitting $206.02. 94,788 shares of the company were exchanged, compared to its average volume of 69,710. The firm has a 50-day moving average price of $189.46 and a two-hundred day moving average price of $185.73. 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 twelve month low of $146.62 and a twelve month high of $206.79. The company has a market cap of $10.41 billion, a price-to-earnings ratio of 20.48, a price-to-earnings-growth ratio of 1.28 and a beta of 1.11.

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.