XTX Topco Ltd Invests $383,000 in Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC)

XTX Topco Ltd acquired a new stake in Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 2,186 shares of the transportation company's stock, valued at approximately $383,000.

Several other hedge funds have also recently added to or reduced their stakes in the business. Northcape Capital Pty Ltd lifted its holdings in shares of Grupo Aeroportuario del Pacífico by 4.5% in the fourth quarter. Northcape Capital Pty Ltd now owns 171,841 shares of the transportation company's stock valued at $30,070,000 after purchasing an additional 7,473 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its stake in Grupo Aeroportuario del Pacífico by 317.2% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 95,750 shares of the transportation company's stock valued at $16,755,000 after buying an additional 72,798 shares in the last quarter. Janney Montgomery Scott LLC grew its holdings in Grupo Aeroportuario del Pacífico by 7.1% during the 4th quarter. Janney Montgomery Scott LLC now owns 92,372 shares of the transportation company's stock valued at $16,164,000 after buying an additional 6,139 shares during the last quarter. Maryland State Retirement & Pension System increased its position in Grupo Aeroportuario del Pacífico by 5.8% during the fourth quarter. Maryland State Retirement & Pension System now owns 53,676 shares of the transportation company's stock worth $9,393,000 after buying an additional 2,936 shares in the last quarter. Finally, American Century Companies Inc. raised its holdings in shares of Grupo Aeroportuario del Pacífico by 5.4% in the fourth quarter. American Century Companies Inc. now owns 46,033 shares of the transportation company's stock worth $8,055,000 after acquiring an additional 2,366 shares during the last quarter. 11.73% of the stock is currently owned by hedge funds and other institutional investors.

Grupo Aeroportuario del Pacífico Stock Performance

NYSE:PAC opened at $194.77 on Wednesday. Grupo Aeroportuario del Pacífico, S.A.B. de C.V. has a fifty-two week low of $146.62 and a fifty-two week high of $205.35. The firm's 50 day moving average is $189.13 and its two-hundred day moving average is $185.10. The company has a market cap of $9.84 billion, a P/E ratio of 19.36, a P/E/G ratio of 1.28 and a beta of 1.11. The company has a quick ratio of 1.50, a current ratio of 1.50 and a debt-to-equity ratio of 2.08.

Wall Street Analyst Weigh In

PAC has been the subject of a number of recent research reports. Bank of America cut Grupo Aeroportuario del Pacífico from a "buy" rating to a "neutral" rating in a research report on Tuesday, March 4th. StockNews.com lowered shares of Grupo Aeroportuario del Pacífico from a "hold" rating to a "sell" rating in a research report on Friday, April 18th. Jefferies Financial Group upgraded shares of 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 report on Wednesday, February 12th. Finally, Barclays reissued an "equal weight" rating on shares of Grupo Aeroportuario del Pacífico in a research note on Tuesday, January 21st. Two analysts have rated the stock with a sell rating, four have given a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, Grupo Aeroportuario del Pacífico currently has a consensus rating of "Hold" and an average target price of $200.00.

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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