Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC) Holdings Raised by Maryland State Retirement & Pension System

Maryland State Retirement & Pension System increased its stake in shares of Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC - Free Report) by 5.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 53,676 shares of the transportation company's stock after purchasing an additional 2,936 shares during the period. Maryland State Retirement & Pension System owned 0.11% of Grupo Aeroportuario del Pacífico worth $9,393,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in PAC. Signaturefd LLC raised its position in shares of Grupo Aeroportuario del Pacífico by 32.1% in the fourth 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 lifted its holdings 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 acquiring an additional 275 shares during the period. Blue Trust Inc. lifted its holdings 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 acquiring an additional 53 shares during the period. US Bancorp DE lifted its holdings in shares of Grupo Aeroportuario del Pacífico by 22.1% during the 4th quarter. US Bancorp DE now owns 547 shares of the transportation company's stock worth $96,000 after acquiring an additional 99 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. lifted its holdings in shares of Grupo Aeroportuario del Pacífico by 41.3% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 811 shares of the transportation company's stock worth $144,000 after acquiring an additional 237 shares during the period. 11.73% of the stock is owned by institutional investors and hedge funds.

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Grupo Aeroportuario del Pacífico Stock Down 2.3 %

Grupo Aeroportuario del Pacífico stock traded down $4.36 during midday trading on Friday, hitting $185.15. 96,780 shares of the stock were exchanged, compared to its average volume of 65,281. 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. The firm has a market cap of $9.36 billion, a P/E ratio of 18.40, a P/E/G ratio of 1.28 and a beta of 1.46. The company has a debt-to-equity ratio of 2.08, a current ratio of 1.50 and a quick ratio of 1.50. The company has a 50 day moving average price of $190.57 and a two-hundred day moving average price of $183.35.

Analysts Set New Price Targets

A number of equities analysts have recently commented on PAC shares. Jefferies Financial Group upgraded Grupo Aeroportuario del Pacífico from an "underperform" rating to a "hold" rating and raised their price objective for the stock from $140.00 to $210.00 in a report on Wednesday, February 12th. Bank of America downgraded Grupo Aeroportuario del Pacífico from a "buy" rating to a "neutral" rating in a report on Tuesday, March 4th. UBS Group upgraded Grupo Aeroportuario del Pacífico from a "neutral" rating to a "buy" rating in a report on Tuesday, November 26th. Finally, Barclays reissued an "equal weight" rating on shares of Grupo Aeroportuario del Pacífico in a research report on Tuesday, January 21st. One investment analyst has 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.com, Grupo Aeroportuario del Pacífico currently has an average rating of "Hold" and an average price target of $200.00.

Grupo Aeroportuario del Pacífico Company 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.