Militia Capital Management LLC Makes New Investment in Grupo Aeroportuario Del Pacifico, S.A. de C.V. $PAC

Militia Capital Management LLC bought a new position in shares of Grupo Aeroportuario Del Pacifico, S.A. de C.V. (NYSE:PAC) in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 3,400 shares of the transportation company’s stock, valued at approximately $839,000.

A number of other institutional investors also recently modified their holdings of PAC. Lazard Asset Management LLC increased its position in Grupo Aeroportuario Del Pacifico by 21.8% during the fourth quarter. Lazard Asset Management LLC now owns 1,154,495 shares of the transportation company’s stock worth $304,359,000 after acquiring an additional 206,914 shares during the period. Itau Unibanco Holding S.A. bought a new stake in Grupo Aeroportuario Del Pacifico in the 4th quarter valued at about $42,634,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC bought a new stake in Grupo Aeroportuario Del Pacifico in the 3rd quarter valued at about $30,453,000. Fisher Funds Management LTD acquired a new position in shares of Grupo Aeroportuario Del Pacifico during the 4th quarter worth approximately $25,933,000. Finally, Bank of America Corp DE increased its holdings in shares of Grupo Aeroportuario Del Pacifico by 185.0% during the first quarter. Bank of America Corp DE now owns 83,866 shares of the transportation company’s stock worth $20,704,000 after purchasing an additional 54,439 shares during the period. Institutional investors own 11.73% of the company’s stock.

Grupo Aeroportuario Del Pacifico Stock Down 0.2%

Shares of NYSE PAC opened at $217.01 on Monday. The company has a market cap of $10.97 billion, a price-to-earnings ratio of 19.27, a PEG ratio of 1.55 and a beta of 0.93. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 0.95. Grupo Aeroportuario Del Pacifico, S.A. de C.V. has a 12 month low of $206.91 and a 12 month high of $300.41. The stock has a 50-day moving average price of $235.84 and a two-hundred day moving average price of $249.65.

Grupo Aeroportuario Del Pacifico (NYSE:PAC) last announced its quarterly earnings results on Tuesday, July 14th. The transportation company reported $2.80 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.10 by ($0.30). The company had revenue of $645.23 million for the quarter, compared to the consensus estimate of $732.26 million. Grupo Aeroportuario Del Pacifico had a net margin of 25.36% and a return on equity of 32.44%. As a group, analysts forecast that Grupo Aeroportuario Del Pacifico, S.A. de C.V. will post 11 earnings per share for the current fiscal year.

Analysts Set New Price Targets

PAC has been the subject of several recent research reports. Weiss Ratings reiterated a “hold (c)” rating on shares of Grupo Aeroportuario Del Pacifico in a research note on Wednesday, June 3rd. Citigroup raised Grupo Aeroportuario Del Pacifico from a “neutral” rating to a “buy” rating in a report on Monday, July 20th. Three investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy”.

Grupo Aeroportuario Del Pacifico Company Profile

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.