Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC) Stock Holdings Lifted by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC lifted its stake in shares of Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC - Free Report) by 7.1% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 92,372 shares of the transportation company's stock after purchasing an additional 6,139 shares during the period. Janney Montgomery Scott LLC owned about 0.18% of Grupo Aeroportuario del Pacífico worth $16,164,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of the company. State Street Corp lifted its holdings in Grupo Aeroportuario del Pacífico by 11.0% during the 3rd quarter. State Street Corp now owns 374,595 shares of the transportation company's stock worth $65,187,000 after buying an additional 37,005 shares during the last quarter. Northcape Capital Pty Ltd lifted its stake in Grupo Aeroportuario del Pacífico by 4.5% during the fourth quarter. Northcape Capital Pty Ltd now owns 171,841 shares of the transportation company's stock worth $30,070,000 after purchasing an additional 7,473 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in Grupo Aeroportuario del Pacífico by 4.1% during the second quarter. Dimensional Fund Advisors LP now owns 138,103 shares of the transportation company's stock worth $21,515,000 after purchasing an additional 5,481 shares during the last quarter. Itau Unibanco Holding S.A. acquired a new position in Grupo Aeroportuario del Pacífico in the third quarter worth $23,145,000. Finally, Eagle Ridge Investment Management increased its stake in Grupo Aeroportuario del Pacífico by 2.5% during the third quarter. Eagle Ridge Investment Management now owns 72,552 shares of the transportation company's stock valued at $12,625,000 after purchasing an additional 1,758 shares during the last quarter. 11.73% of the stock is currently owned by institutional investors and hedge funds.

Grupo Aeroportuario del Pacífico Stock Performance

Shares of NYSE:PAC traded down $0.30 on Friday, hitting $189.07. The company's stock had a trading volume of 131,028 shares, compared to its average volume of 49,462. The company has a market capitalization of $9.55 billion, a price-to-earnings ratio of 18.79, a price-to-earnings-growth ratio of 1.22 and a beta of 1.46. The company has a debt-to-equity ratio of 2.08, a quick ratio of 1.50 and a current ratio of 1.50. Grupo Aeroportuario del Pacífico, S.A.B. de C.V. has a 12 month low of $139.64 and a 12 month high of $200.00. The stock's 50-day moving average is $185.85 and its two-hundred day moving average is $175.38.

Grupo Aeroportuario del Pacífico Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, December 6th. Shareholders of record on Monday, November 25th were paid a dividend of $3.7626 per share. This represents a $15.05 dividend on an annualized basis and a yield of 7.96%. The ex-dividend date was Monday, November 25th.

Wall Street Analyst Weigh In

PAC has been the subject of several research reports. UBS Group raised shares of Grupo Aeroportuario del Pacífico from a "neutral" rating to a "buy" rating in a report on Tuesday, November 26th. Barclays restated 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, two have issued a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, Grupo Aeroportuario del Pacífico has an average rating of "Moderate Buy" and a consensus price target of $195.00.

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.