Renaissance Technologies LLC decreased its holdings in shares of Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC - Free Report) by 3.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 500,700 shares of the transportation company's stock after selling 18,100 shares during the period. Renaissance Technologies LLC owned approximately 0.99% of Grupo Aeroportuario del Pacífico worth $87,617,000 at the end of the most recent reporting period.
A number of other large investors have also modified their holdings of the business. Signaturefd LLC grew its holdings in Grupo Aeroportuario del Pacífico by 32.1% during the fourth quarter. Signaturefd LLC now owns 333 shares of the transportation company's stock worth $58,000 after acquiring an additional 81 shares during the period. Fifth Third Bancorp boosted its position 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 worth $63,000 after purchasing an additional 275 shares in the last quarter. Blue Trust Inc. grew its stake in shares of 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 purchasing an additional 53 shares during the period. US Bancorp DE increased its holdings in shares of Grupo Aeroportuario del Pacífico by 22.1% in the 4th 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. Finally, Mirae Asset Global Investments Co. Ltd. lifted its stake in shares of Grupo Aeroportuario del Pacífico by 41.3% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 811 shares of the transportation company's stock valued at $144,000 after purchasing an additional 237 shares during the period. 11.73% of the stock is owned by hedge funds and other institutional investors.
Grupo Aeroportuario del Pacífico Price Performance
PAC stock traded up $4.77 on Monday, reaching $189.04. The company had a trading volume of 21,628 shares, compared to its average volume of 86,493. The company has a debt-to-equity ratio of 2.08, a quick ratio of 1.50 and a current ratio of 1.50. The company's fifty day moving average is $189.37 and its 200 day moving average is $184.33. The company has a market cap of $9.55 billion, a P/E ratio of 18.79, a PEG ratio of 1.28 and a beta of 1.11. Grupo Aeroportuario del Pacífico, S.A.B. de C.V. has a 1 year low of $146.62 and a 1 year high of $205.35.
Analyst Upgrades and Downgrades
Several brokerages have weighed in on PAC. Bank of America lowered shares of Grupo Aeroportuario del Pacífico from a "buy" rating to a "neutral" rating in a research report on Tuesday, March 4th. StockNews.com upgraded Grupo Aeroportuario del Pacífico from a "sell" rating to a "hold" rating in a report on Monday, April 7th. Jefferies Financial Group upgraded Grupo Aeroportuario del Pacífico from an "underperform" rating to a "hold" rating and boosted their target price for the stock from $140.00 to $210.00 in a research report on Wednesday, February 12th. Finally, Barclays restated an "equal weight" rating on shares of Grupo Aeroportuario del Pacífico in a research report on Tuesday, January 21st. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating, two have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Grupo Aeroportuario del Pacífico presently has a consensus rating of "Hold" and a consensus price target of $200.00.
View Our Latest Report on Grupo Aeroportuario del Pacífico
Grupo Aeroportuario del Pacífico Profile
(
Free Report)
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.
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