Jane Street Group LLC lessened its position in shares of Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC - Free Report) by 78.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,091 shares of the transportation company's stock after selling 7,799 shares during the quarter. Jane Street Group LLC's holdings in Grupo Aeroportuario del Pacífico were worth $364,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors and hedge funds have also modified their holdings of PAC. Albert D Mason Inc. boosted its position in Grupo Aeroportuario del Pacífico by 0.5% in the third quarter. Albert D Mason Inc. now owns 12,645 shares of the transportation company's stock valued at $2,200,000 after buying an additional 63 shares in the last quarter. Signaturefd LLC grew its position in Grupo Aeroportuario del Pacífico by 34.0% during the 3rd quarter. Signaturefd LLC now owns 252 shares of the transportation company's stock worth $44,000 after acquiring an additional 64 shares during the last quarter. US Bancorp DE raised its position in Grupo Aeroportuario del Pacífico by 24.4% in the 3rd quarter. US Bancorp DE now owns 448 shares of the transportation company's stock valued at $78,000 after purchasing an additional 88 shares during the last quarter. Van ECK Associates Corp raised its position in Grupo Aeroportuario del Pacífico by 67.9% in the 3rd quarter. Van ECK Associates Corp now owns 220 shares of the transportation company's stock valued at $38,000 after purchasing an additional 89 shares during the last quarter. Finally, Blue Trust Inc. boosted its stake in Grupo Aeroportuario del Pacífico by 37.3% in the third quarter. Blue Trust Inc. now owns 390 shares of the transportation company's stock worth $68,000 after purchasing an additional 106 shares in the last quarter. 11.73% of the stock is currently owned by institutional investors.
Grupo Aeroportuario del Pacífico Stock Down 2.3 %
Shares of NYSE PAC traded down $4.30 during mid-day trading on Thursday, hitting $184.14. The company had a trading volume of 31,309 shares, compared to its average volume of 35,202. The company has a current ratio of 1.50, a quick ratio of 1.50 and a debt-to-equity ratio of 2.08. The firm has a 50-day simple moving average of $183.07 and a two-hundred day simple moving average of $172.70. The company has a market capitalization of $9.30 billion, a PE ratio of 18.30, a price-to-earnings-growth ratio of 1.66 and a beta of 1.46. Grupo Aeroportuario del Pacífico, S.A.B. de C.V. has a one year low of $139.64 and a one year high of $200.00.
Grupo Aeroportuario del Pacífico Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Friday, December 6th. Stockholders of record on Monday, November 25th were paid a dividend of $3.7626 per share. The ex-dividend date was Monday, November 25th. This represents a $15.05 annualized dividend and a dividend yield of 8.17%. Grupo Aeroportuario del Pacífico's dividend payout ratio is presently 19.18%.
Analyst Ratings Changes
A number of research analysts have commented on PAC shares. Scotiabank lowered Grupo Aeroportuario del Pacífico from a "sector outperform" rating to a "sector perform" rating and decreased their price objective for the company from $224.00 to $185.00 in a research report on Wednesday, September 25th. UBS Group upgraded Grupo Aeroportuario del Pacífico from a "neutral" rating to a "buy" rating in a report on Tuesday, November 26th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, three have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $195.00.
Check Out Our Latest Stock Analysis on PAC
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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