Capital Research Global Investors Acquires 2,891 Shares of Grupo Aeroportuario Del Pacifico, S.A. de C.V. $PAC

Capital Research Global Investors grew its holdings in shares of Grupo Aeroportuario Del Pacifico, S.A. de C.V. (NYSE:PAC) by 16.2% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 20,755 shares of the transportation company’s stock after acquiring an additional 2,891 shares during the period. Capital Research Global Investors’ holdings in Grupo Aeroportuario Del Pacifico were worth $5,472,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of PAC. Goldman Sachs Group Inc. raised its stake in shares of Grupo Aeroportuario Del Pacifico by 65.8% during the first quarter. Goldman Sachs Group Inc. now owns 39,976 shares of the transportation company’s stock valued at $7,416,000 after acquiring an additional 15,862 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC acquired a new stake in shares of Grupo Aeroportuario Del Pacifico during the first quarter worth $16,136,000. Jane Street Group LLC acquired a new stake in shares of Grupo Aeroportuario Del Pacifico during the first quarter worth $730,000. Guggenheim Capital LLC increased its position in shares of Grupo Aeroportuario Del Pacifico by 18.9% during the second quarter. Guggenheim Capital LLC now owns 3,078 shares of the transportation company’s stock worth $707,000 after buying an additional 489 shares during the period. Finally, Qube Research & Technologies Ltd increased its position in shares of Grupo Aeroportuario Del Pacifico by 232.0% during the second quarter. Qube Research & Technologies Ltd now owns 37,348 shares of the transportation company’s stock worth $8,576,000 after buying an additional 26,099 shares during the period. Institutional investors own 11.73% of the company’s stock.

Grupo Aeroportuario Del Pacifico Trading Up 0.9%

PAC opened at $226.52 on Wednesday. Grupo Aeroportuario Del Pacifico, S.A. de C.V. has a twelve month low of $206.91 and a twelve month high of $300.41. The company has a quick ratio of 1.50, a current ratio of 1.50 and a debt-to-equity ratio of 1.90. The company has a fifty day moving average of $245.52 and a 200-day moving average of $254.20. The stock has a market cap of $11.45 billion, a PE ratio of 20.30, a price-to-earnings-growth ratio of 0.81 and a beta of 0.94.

Grupo Aeroportuario Del Pacifico (NYSE:PAC) last posted its quarterly earnings data on Tuesday, March 31st. The transportation company reported $3.72 earnings per share for the quarter. Grupo Aeroportuario Del Pacifico had a net margin of 25.04% and a return on equity of 43.12%. The company had revenue of $635.54 million during the quarter. On average, sell-side analysts predict that Grupo Aeroportuario Del Pacifico, S.A. de C.V. will post 12.51 EPS for the current year.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “hold (c)” rating on shares of Grupo Aeroportuario Del Pacifico in a research report on Wednesday, June 3rd. Two investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the company has an average rating of “Hold”.

About Grupo Aeroportuario Del Pacifico

Grupo Aeroportuario del Pacífico, SAB. de C.V. (NYSE:PAC), commonly known as GAP, is a leading airport operator in Mexico. Established in 1998 as part of the federal government’s airport privatization program, GAP holds long‐term concession agreements—typically 50 years—to manage, develop and operate airports under a public–private partnership model. Through these concessions, the company undertakes terminal expansions, runway maintenance and the modernization of navigation and security systems.

The company’s portfolio comprises 12 airports across Mexico’s Pacific and western regions, including major hubs such as Guadalajara, Tijuana, Los Cabos, Puerto Vallarta and Mazatlán, as well as regional facilities in Aguascalientes, Morelia and La Paz.