SG Americas Securities LLC Purchases Shares of 1,551 Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC)

SG Americas Securities LLC purchased a new stake in shares of Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC - Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 1,551 shares of the transportation company's stock, valued at approximately $242,000.

A number of other large investors have also made changes to their positions in the company. UMB Bank n.a. purchased a new position in Grupo Aeroportuario del Pacífico during the first quarter valued at approximately $32,000. EverSource Wealth Advisors LLC grew its position in Grupo Aeroportuario del Pacífico by 112.3% in the fourth quarter. EverSource Wealth Advisors LLC now owns 276 shares of the transportation company's stock worth $48,000 after acquiring an additional 146 shares in the last quarter. Mather Group LLC. bought a new stake in Grupo Aeroportuario del Pacífico in the first quarter worth approximately $119,000. Sanders Morris Harris LLC bought a new stake in Grupo Aeroportuario del Pacífico in the first quarter worth approximately $261,000. Finally, Virtu Financial LLC bought a new stake in Grupo Aeroportuario del Pacífico in the first quarter worth approximately $293,000. Institutional investors and hedge funds own 11.73% of the company's stock.

Grupo Aeroportuario del Pacífico Stock Up 4.7 %

PAC stock traded up $7.48 during trading hours on Friday, hitting $166.16. The company's stock had a trading volume of 25,981 shares, compared to its average volume of 51,732. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 1.56. The company has a market capitalization of $8.40 billion, a PE ratio of 14.84, a price-to-earnings-growth ratio of 2.63 and a beta of 1.46. Grupo Aeroportuario del Pacífico, S.A.B. de C.V. has a 12 month low of $107.25 and a 12 month high of $197.31. The stock has a 50 day moving average price of $159.68 and a two-hundred day moving average price of $163.95.

Grupo Aeroportuario del Pacífico (NYSE:PAC - Get Free Report) last posted its earnings results on Monday, July 22nd. The transportation company reported $2.55 EPS for the quarter, missing the consensus estimate of $3.01 by ($0.46). The business had revenue of $421.54 million during the quarter. Grupo Aeroportuario del Pacífico had a return on equity of 47.50% and a net margin of 29.26%. On average, equities research analysts expect that Grupo Aeroportuario del Pacífico, S.A.B. de C.V. will post 9.81 earnings per share for the current year.

Grupo Aeroportuario del Pacífico Increases Dividend

The firm also recently announced a semi-annual dividend, which was paid on Friday, August 2nd. Shareholders of record on Monday, July 22nd were given a $3.8657 dividend. This represents a yield of 4.7%. This is an increase from Grupo Aeroportuario del Pacífico's previous semi-annual dividend of $2.09. The ex-dividend date of this dividend was Monday, July 22nd. Grupo Aeroportuario del Pacífico's payout ratio is currently 33.84%.

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.