Price T Rowe Associates Inc. MD Has $184.87 Million Stake in Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC)

Price T Rowe Associates Inc. MD increased its stake in Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC) by 22.1% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,056,454 shares of the transportation company’s stock after acquiring an additional 190,955 shares during the quarter. Price T Rowe Associates Inc. MD owned 2.09% of Grupo Aeroportuario del Pacífico worth $184,870,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of PAC. Signaturefd LLC increased its stake in Grupo Aeroportuario del Pacífico by 32.1% in the fourth quarter. Signaturefd LLC now owns 333 shares of the transportation company’s stock valued at $58,000 after purchasing an additional 81 shares in the last quarter. Fifth Third Bancorp increased its position 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 valued at $63,000 after buying an additional 275 shares in the last quarter. Tower Research Capital LLC TRC raised its stake in Grupo Aeroportuario del Pacífico by 8,020.0% during the 4th quarter. Tower Research Capital LLC TRC now owns 406 shares of the transportation company’s stock worth $71,000 after buying an additional 401 shares during the period. Blue Trust Inc. boosted its holdings 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 worth $78,000 after acquiring an additional 53 shares in the last quarter. Finally, US Bancorp DE grew its stake in Grupo Aeroportuario del Pacífico by 22.1% in the fourth quarter. US Bancorp DE now owns 547 shares of the transportation company’s stock valued at $96,000 after acquiring an additional 99 shares during the period. Institutional investors and hedge funds own 11.73% of the company’s stock.

Grupo Aeroportuario del Pacífico Stock Performance

Shares of PAC stock opened at $206.02 on Friday. Grupo Aeroportuario del Pacífico, S.A.B. de C.V. has a one year low of $146.62 and a one year high of $206.79. The company has a market cap of $10.41 billion, a P/E ratio of 20.48, a P/E/G ratio of 1.28 and a beta of 1.11. The firm has a 50-day moving average of $189.46 and a 200-day moving average of $185.73. The company has a debt-to-equity ratio of 2.08, a current ratio of 1.50 and a quick ratio of 1.50.

Analyst Ratings Changes

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

Grupo Aeroportuario del Pacífico Company 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.