Capital Research Global Investors Has $22.73 Million Stock Position in Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC)

Capital Research Global Investors reduced its stake in Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC - Free Report) by 3.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 129,865 shares of the transportation company's stock after selling 5,136 shares during the quarter. Capital Research Global Investors owned 0.26% of Grupo Aeroportuario del Pacífico worth $22,725,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in PAC. Signaturefd LLC lifted its position in Grupo Aeroportuario del Pacífico by 32.1% during the 4th 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 increased its position 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 valued at $63,000 after acquiring an additional 275 shares during the last quarter. Blue Trust Inc. raised its holdings in Grupo Aeroportuario del Pacífico by 13.6% during the fourth quarter. Blue Trust Inc. now owns 443 shares of the transportation company's stock worth $78,000 after acquiring an additional 53 shares in the last quarter. US Bancorp DE boosted its position 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 during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. grew its stake in 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 in the last quarter. 11.73% of the stock is owned by institutional investors and hedge funds.

Grupo Aeroportuario del Pacífico Stock Performance

Shares of PAC traded up $2.18 during trading hours on Friday, hitting $206.02. The company had a trading volume of 94,788 shares, compared to its average volume of 69,579. The business has a fifty day moving average of $189.34 and a 200-day moving average of $185.42. The company has a quick ratio of 1.50, a current ratio of 1.50 and a debt-to-equity ratio of 2.08. The firm has a market cap of $10.41 billion, a price-to-earnings ratio of 20.48, a PEG ratio of 1.28 and a beta of 1.11. Grupo Aeroportuario del Pacífico, S.A.B. de C.V. has a 12 month low of $146.62 and a 12 month high of $207.09.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on PAC shares. StockNews.com cut Grupo Aeroportuario del Pacífico from a "hold" rating to a "sell" rating in a research note on Friday, April 18th. Barclays reiterated an "equal weight" rating on shares of Grupo Aeroportuario del Pacífico in a research note on Tuesday, January 21st. Bank of America downgraded shares of 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 upped their target price for the company from $140.00 to $210.00 in a report on Wednesday, February 12th. Two investment analysts have rated the stock with a sell rating, four have given a hold rating, two have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $200.00.

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.