Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC) Shares Sold by National Bank of Canada FI

National Bank of Canada FI cut its position in Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC - Free Report) by 9.9% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 44,103 shares of the transportation company's stock after selling 4,867 shares during the quarter. National Bank of Canada FI owned approximately 0.09% of Grupo Aeroportuario del Pacífico worth $7,727,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of PAC. Blue Trust Inc. increased its position in Grupo Aeroportuario del Pacífico by 13.6% during the 4th quarter. Blue Trust Inc. now owns 443 shares of the transportation company's stock valued at $78,000 after buying an additional 53 shares in the last quarter. Signaturefd LLC raised its stake 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 worth $58,000 after purchasing an additional 81 shares during the last quarter. Financial Advocates Investment Management boosted its holdings in Grupo Aeroportuario del Pacífico by 3.7% in the fourth quarter. Financial Advocates Investment Management now owns 2,487 shares of the transportation company's stock valued at $435,000 after purchasing an additional 88 shares during the last quarter. US Bancorp DE grew its stake 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 purchasing an additional 99 shares during the period. Finally, Centiva Capital LP raised its position in shares of Grupo Aeroportuario del Pacífico by 7.2% in the third quarter. Centiva Capital LP now owns 2,447 shares of the transportation company's stock worth $426,000 after acquiring an additional 165 shares during the period. 11.73% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

PAC has been the topic of several recent analyst reports. Jefferies Financial Group raised shares of Grupo Aeroportuario del Pacífico from an "underperform" rating to a "hold" rating and increased their price objective for the company from $140.00 to $210.00 in a report on Wednesday, February 12th. Barclays reaffirmed an "equal weight" rating on shares of Grupo Aeroportuario del Pacífico in a research note on Tuesday, January 21st. StockNews.com raised shares of Grupo Aeroportuario del Pacífico from a "sell" rating to a "hold" rating in a report on Monday. Finally, Bank of America downgraded shares of Grupo Aeroportuario del Pacífico from a "buy" rating to a "neutral" rating in a research note on Tuesday, March 4th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating, two have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $200.00.

Grupo Aeroportuario del Pacífico Trading Down 1.9 %

NYSE:PAC traded down $3.49 on Thursday, hitting $182.29. The stock had a trading volume of 23,971 shares, compared to its average volume of 67,733. The company has a fifty day moving average price of $189.56 and a two-hundred day moving average price of $184.30. 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 company has a quick ratio of 1.50, a current ratio of 1.50 and a debt-to-equity ratio of 2.08. The stock has a market cap of $9.21 billion, a price-to-earnings ratio of 18.12, a PEG ratio of 1.28 and a beta of 1.11.

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.