Marshall Wace LLP Decreases Position in Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC)

Marshall Wace LLP decreased its position in Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC - Free Report) by 7.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 38,983 shares of the transportation company's stock after selling 3,210 shares during the period. Marshall Wace LLP owned about 0.08% of Grupo Aeroportuario del Pacífico worth $6,822,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Signaturefd LLC lifted its position in shares of Grupo Aeroportuario del Pacífico by 32.1% during the 4th quarter. Signaturefd LLC now owns 333 shares of the transportation company's stock valued at $58,000 after buying an additional 81 shares during the last quarter. Fifth Third Bancorp raised its stake in Grupo Aeroportuario del Pacífico by 327.4% in 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. Blue Trust Inc. lifted 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 valued at $78,000 after purchasing an additional 53 shares during 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 worth $96,000 after purchasing an additional 99 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. increased 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 worth $144,000 after purchasing an additional 237 shares in the last quarter. 11.73% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

PAC has been the subject of several analyst reports. Bank of America downgraded shares of Grupo Aeroportuario del Pacífico from a "buy" rating to a "neutral" rating in a report on Tuesday, March 4th. StockNews.com cut Grupo Aeroportuario del Pacífico from a "hold" rating to a "sell" rating in a research report on Friday, April 18th. Jefferies Financial Group upgraded Grupo Aeroportuario del Pacífico from an "underperform" rating to a "hold" rating and boosted their price objective for the company from $140.00 to $210.00 in a research note on Wednesday, February 12th. Finally, Barclays restated an "equal weight" rating on shares of Grupo Aeroportuario del Pacífico in a research note on Tuesday, January 21st. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, Grupo Aeroportuario del Pacífico presently has an average rating of "Hold" and an average price target of $200.00.

Grupo Aeroportuario del Pacífico Trading Up 2.9 %

Shares of PAC stock opened at $200.49 on Thursday. The company has a market capitalization of $10.13 billion, a PE ratio of 19.93, a price-to-earnings-growth ratio of 1.28 and a beta of 1.11. Grupo Aeroportuario del Pacífico, S.A.B. de C.V. has a 52-week low of $146.62 and a 52-week high of $205.35. The business's fifty day moving average is $189.21 and its 200 day moving average is $185.21. 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 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.

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