Grupo Aeroportuario del Pacífico (NYSE:PAC) Raised to "Hold" at StockNews.com

Grupo Aeroportuario del Pacífico (NYSE:PAC - Get Free Report) was upgraded by investment analysts at StockNews.com from a "sell" rating to a "hold" rating in a note issued to investors on Monday.

Other analysts have also issued reports about the stock. Jefferies Financial Group upgraded shares of Grupo Aeroportuario del Pacífico from an "underperform" rating to a "hold" rating and raised their price objective for the stock from $140.00 to $210.00 in a report on Wednesday, February 12th. Bank of America cut Grupo Aeroportuario del Pacífico from a "buy" rating to a "neutral" rating in a research note on Tuesday, March 4th. Finally, Barclays reaffirmed an "equal weight" rating on shares of Grupo Aeroportuario del Pacífico in a research note on Tuesday, January 21st. One analyst has rated the stock with a sell rating, five have issued a hold rating, two have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $200.00.

Grupo Aeroportuario del Pacífico Trading Up 1.1 %

Grupo Aeroportuario del Pacífico stock traded up $2.02 during mid-day trading on Monday, reaching $183.30. 107,104 shares of the company traded hands, compared to its average volume of 68,127. 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 has a 52-week low of $146.62 and a 52-week high of $205.35. The firm has a market capitalization of $9.26 billion, a price-to-earnings ratio of 18.22, a P/E/G ratio of 1.28 and a beta of 1.11. The firm's 50 day moving average price is $189.37 and its 200 day moving average price is $184.30.

Institutional Investors Weigh In On Grupo Aeroportuario del Pacífico

A number of institutional investors have recently modified their holdings of the stock. Signaturefd LLC boosted its stake in Grupo Aeroportuario del Pacífico by 32.1% in the 4th 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. Fifth Third Bancorp lifted its stake 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 worth $63,000 after buying an additional 275 shares in the last quarter. Parallel Advisors LLC grew its holdings in shares of Grupo Aeroportuario del Pacífico by 20.3% during the first quarter. Parallel Advisors LLC now owns 350 shares of the transportation company's stock valued at $65,000 after buying an additional 59 shares during the last quarter. Tower Research Capital LLC TRC increased its position in shares of Grupo Aeroportuario del Pacífico by 8,020.0% during the fourth quarter. Tower Research Capital LLC TRC now owns 406 shares of the transportation company's stock valued at $71,000 after acquiring an additional 401 shares in the last quarter. Finally, Blue Trust Inc. increased its holdings in shares of Grupo Aeroportuario del Pacífico by 13.6% in 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. 11.73% of the stock is owned by hedge funds and other institutional investors.

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.