Sei Investments Co. Trims Holdings in Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC)

Sei Investments Co. reduced its holdings in shares of Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC - Free Report) by 15.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 11,521 shares of the transportation company's stock after selling 2,047 shares during the period. Sei Investments Co.'s holdings in Grupo Aeroportuario del Pacífico were worth $2,016,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Signaturefd LLC lifted its stake in shares of Grupo Aeroportuario del Pacífico by 32.1% in the 4th quarter. Signaturefd LLC now owns 333 shares of the transportation company's stock valued at $58,000 after acquiring an additional 81 shares during the last quarter. Fifth Third Bancorp increased 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 worth $63,000 after purchasing an additional 275 shares during the period. Blue Trust Inc. lifted its position in Grupo Aeroportuario del Pacífico by 13.6% in 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 stake in shares of Grupo Aeroportuario del Pacífico by 22.1% during the fourth quarter. US Bancorp DE now owns 547 shares of the transportation company's stock valued at $96,000 after purchasing an additional 99 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. grew its holdings 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 during the last quarter. 11.73% of the stock is owned by hedge funds and other institutional investors.

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Analyst Ratings Changes

A number of equities research analysts recently commented on PAC shares. StockNews.com upgraded shares of Grupo Aeroportuario del Pacífico from a "sell" rating to a "hold" rating in a report on Monday. Barclays reiterated an "equal weight" rating on shares of Grupo Aeroportuario del Pacífico in a report on Tuesday, January 21st. Jefferies Financial Group raised Grupo Aeroportuario del Pacífico from an "underperform" rating to a "hold" rating and raised their target price for the stock from $140.00 to $210.00 in a research note on Wednesday, February 12th. Finally, Bank of America cut Grupo Aeroportuario del Pacífico from a "buy" rating to a "neutral" rating in a report on Tuesday, March 4th. One investment analyst has rated the stock with a sell rating, five have given a hold rating, two have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, Grupo Aeroportuario del Pacífico has a consensus rating of "Hold" and an average price target of $200.00.

Grupo Aeroportuario del Pacífico Stock Down 2.6 %

Grupo Aeroportuario del Pacífico stock traded down $4.76 during trading hours on Thursday, hitting $181.02. 119,888 shares of the stock traded hands, compared to its average volume of 68,011. Grupo Aeroportuario del Pacífico, S.A.B. de C.V. has a one year low of $146.62 and a one year high of $205.35. The company has a market cap of $9.15 billion, a PE ratio of 17.99, a PEG ratio of 1.28 and a beta of 1.11. The firm's 50-day moving average price is $189.44 and its two-hundred day moving average price is $184.27. The company has a current ratio of 1.50, a quick ratio of 1.50 and a debt-to-equity ratio of 2.08.

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.