Grupo Aeroportuario Del Pacifico, S.A. de C.V. $PAC Shares Bought by Metis Global Partners LLC

Metis Global Partners LLC lifted its holdings in shares of Grupo Aeroportuario Del Pacifico, S.A. de C.V. (NYSE:PAC) by 27.7% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 30,892 shares of the transportation company’s stock after purchasing an additional 6,708 shares during the quarter. Metis Global Partners LLC owned about 0.06% of Grupo Aeroportuario Del Pacifico worth $7,093,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in PAC. Price T Rowe Associates Inc. MD grew its holdings in Grupo Aeroportuario Del Pacifico by 4.3% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 1,101,933 shares of the transportation company’s stock valued at $204,421,000 after buying an additional 45,479 shares during the period. Deutsche Bank AG boosted its position in shares of Grupo Aeroportuario Del Pacifico by 7.2% in the first quarter. Deutsche Bank AG now owns 813,007 shares of the transportation company’s stock worth $150,821,000 after acquiring an additional 54,495 shares during the last quarter. Nuveen LLC purchased a new stake in Grupo Aeroportuario Del Pacifico in the first quarter valued at approximately $35,349,000. Russell Investments Group Ltd. grew its holdings in Grupo Aeroportuario Del Pacifico by 10.5% in the first quarter. Russell Investments Group Ltd. now owns 100,263 shares of the transportation company’s stock valued at $18,600,000 after purchasing an additional 9,531 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC acquired a new position in Grupo Aeroportuario Del Pacifico during the first quarter worth approximately $16,136,000. 11.73% of the stock is currently owned by hedge funds and other institutional investors.

Grupo Aeroportuario Del Pacifico Stock Down 0.5%

Shares of NYSE:PAC opened at $215.49 on Friday. The company has a market capitalization of $10.89 billion, a price-to-earnings ratio of 20.68, a price-to-earnings-growth ratio of 2.72 and a beta of 1.13. The company has a 50 day moving average of $232.65 and a two-hundred day moving average of $229.63. Grupo Aeroportuario Del Pacifico, S.A. de C.V. has a 52-week low of $168.62 and a 52-week high of $259.33. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 2.21.

Grupo Aeroportuario Del Pacifico (NYSE:PAC) last posted its earnings results on Monday, October 20th. The transportation company reported $2.86 EPS for the quarter, missing analysts’ consensus estimates of $2.96 by ($0.10). The firm had revenue of $520.69 million for the quarter, compared to analyst estimates of $11.04 billion. Grupo Aeroportuario Del Pacifico had a return on equity of 42.07% and a net margin of 25.27%. As a group, analysts forecast that Grupo Aeroportuario Del Pacifico, S.A. de C.V. will post 10 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the stock. Wall Street Zen cut shares of Grupo Aeroportuario Del Pacifico from a “buy” rating to a “hold” rating in a research note on Saturday, August 2nd. Weiss Ratings reiterated a “hold (c)” rating on shares of Grupo Aeroportuario Del Pacifico in a report on Wednesday, October 8th. Finally, Citigroup restated a “hold” rating on shares of Grupo Aeroportuario Del Pacifico in a report on Wednesday, September 10th. Two research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $210.00.

About Grupo Aeroportuario Del Pacifico

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.