Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC) Receives Consensus Rating of "Hold" from Brokerages

Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC - Get Free Report) has earned a consensus rating of "Hold" from the eight brokerages that are currently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation, two have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $200.00.

Several analysts recently weighed in on PAC shares. StockNews.com downgraded Grupo Aeroportuario del Pacífico from a "hold" rating to a "sell" rating in a research note on Saturday, March 29th. Barclays reaffirmed an "equal weight" rating on shares of Grupo Aeroportuario del Pacífico in a research report on Tuesday, January 21st. Bank of America lowered Grupo Aeroportuario del Pacífico from a "buy" rating to a "neutral" rating in a research report on Tuesday, March 4th. Finally, Jefferies Financial Group raised shares of Grupo Aeroportuario del Pacífico from an "underperform" rating to a "hold" rating and raised their price target for the company from $140.00 to $210.00 in a report on Wednesday, February 12th.

Grupo Aeroportuario del Pacífico Stock Down 6.1 %

NYSE:PAC traded down $11.80 during mid-day trading on Monday, hitting $180.22. 141,606 shares of the company's stock were exchanged, compared to its average volume of 67,087. The business has a fifty day moving average price of $190.38 and a 200 day moving average price of $184.42. Grupo Aeroportuario del Pacífico has a one year low of $146.62 and a one year high of $205.35. The company has a market cap of $9.11 billion, a PE ratio of 17.91, a P/E/G ratio of 1.28 and a beta of 1.11. The company has a debt-to-equity ratio of 2.08, a current ratio of 1.50 and a quick ratio of 1.50.

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Hedge Funds Weigh In On Grupo Aeroportuario del Pacífico

A number of institutional investors have recently bought and sold shares of the stock. Signaturefd LLC increased its position 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 buying an additional 81 shares in the last quarter. Fifth Third Bancorp grew its stake 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 acquiring an additional 275 shares during the period. Tower Research Capital LLC TRC increased its holdings in Grupo Aeroportuario del Pacífico by 8,020.0% in the 4th quarter. Tower Research Capital LLC TRC now owns 406 shares of the transportation company's stock worth $71,000 after acquiring an additional 401 shares in the last quarter. Blue Trust Inc. raised its stake 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 acquiring an additional 53 shares during the period. Finally, US Bancorp DE lifted its holdings in Grupo Aeroportuario del Pacífico by 22.1% during the fourth quarter. US Bancorp DE now owns 547 shares of the transportation company's stock valued at $96,000 after purchasing an additional 99 shares in the last quarter. 11.73% of the stock is owned by institutional investors.

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.