Marshall Financial Group LLC Makes New $867,000 Investment in Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC)

Marshall Financial Group LLC bought a new position in shares of Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 5,568 shares of the transportation company’s stock, valued at approximately $867,000.

A number of other institutional investors also recently bought and sold shares of PAC. Mackenzie Financial Corp raised its stake in Grupo Aeroportuario del Pacífico by 10.6% during the fourth quarter. Mackenzie Financial Corp now owns 70,888 shares of the transportation company’s stock worth $12,421,000 after purchasing an additional 6,776 shares during the period. State of New Jersey Common Pension Fund D raised its stake in Grupo Aeroportuario del Pacífico by 141.7% during the fourth quarter. State of New Jersey Common Pension Fund D now owns 6,730 shares of the transportation company’s stock worth $1,179,000 after purchasing an additional 3,945 shares during the period. Russell Investments Group Ltd. raised its stake in shares of Grupo Aeroportuario del Pacífico by 4.9% in the 4th quarter. Russell Investments Group Ltd. now owns 98,910 shares of the transportation company’s stock valued at $17,331,000 after acquiring an additional 4,590 shares during the period. Malaga Cove Capital LLC raised its stake in shares of Grupo Aeroportuario del Pacífico by 24.8% in the 4th quarter. Malaga Cove Capital LLC now owns 17,901 shares of the transportation company’s stock valued at $3,137,000 after acquiring an additional 3,553 shares during the period. Finally, ABS Direct Equity Fund LLC purchased a new stake in shares of Grupo Aeroportuario del Pacífico in the 4th quarter valued at approximately $2,444,000. 11.73% of the stock is owned by hedge funds and other institutional investors.

Grupo Aeroportuario del Pacífico Trading Up 2.6 %

Shares of Grupo Aeroportuario del Pacífico stock traded up $4.23 on Friday, reaching $167.84. The company had a trading volume of 55,227 shares, compared to its average volume of 51,190. The firm’s 50 day moving average price is $159.75 and its two-hundred day moving average price is $163.93. The firm has a market cap of $8.48 billion, a PE ratio of 14.99, a PEG ratio of 2.54 and a beta of 1.46. Grupo Aeroportuario del Pacífico, S.A.B. de C.V. has a 52-week low of $107.25 and a 52-week high of $197.31. The company has a debt-to-equity ratio of 1.56, a quick ratio of 1.13 and a current ratio of 1.13.

Grupo Aeroportuario del Pacífico (NYSE:PAC) last released its quarterly earnings results on Monday, July 22nd. The transportation company reported $2.55 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.01 by ($0.46). The company had revenue of $421.54 million during the quarter. Grupo Aeroportuario del Pacífico had a net margin of 29.26% and a return on equity of 47.50%. Sell-side analysts predict that Grupo Aeroportuario del Pacífico, S.A.B. de C.V. will post 9.81 earnings per share for the current fiscal year.

Grupo Aeroportuario del Pacífico Increases Dividend

The business also recently declared a semi-annual dividend, which was paid on Friday, August 2nd. Stockholders of record on Monday, July 22nd were paid a $3.8657 dividend. This represents a dividend 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 33.84%.

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.