Deprince Race & Zollo Inc. acquired a new position in Grupo Aeroportuario Del Pacifico, S.A. de C.V. (NYSE:PAC – Free Report) in the first quarter, HoldingsChannel.com reports. The institutional investor acquired 29,144 shares of the transportation company’s stock, valued at approximately $7,195,000.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. BI Asset Management Fondsmaeglerselskab A S bought a new stake in shares of Grupo Aeroportuario Del Pacifico during the first quarter worth approximately $2,904,000. Compound Planning Inc. boosted its stake in Grupo Aeroportuario Del Pacifico by 3.3% in the fourth quarter. Compound Planning Inc. now owns 1,524 shares of the transportation company’s stock valued at $402,000 after acquiring an additional 49 shares during the last quarter. Vident Advisory LLC boosted its stake in Grupo Aeroportuario Del Pacifico by 44.7% in the fourth quarter. Vident Advisory LLC now owns 1,852 shares of the transportation company’s stock valued at $488,000 after acquiring an additional 572 shares during the last quarter. Empowered Funds LLC grew its holdings in Grupo Aeroportuario Del Pacifico by 36.9% during the 4th quarter. Empowered Funds LLC now owns 30,076 shares of the transportation company’s stock worth $7,929,000 after acquiring an additional 8,100 shares during the period. Finally, Guggenheim Capital LLC grew its holdings in Grupo Aeroportuario Del Pacifico by 5.1% during the 4th quarter. Guggenheim Capital LLC now owns 3,338 shares of the transportation company’s stock worth $880,000 after acquiring an additional 161 shares during the period. 11.73% of the stock is owned by institutional investors.
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 currently has an average rating of “Hold”.
Grupo Aeroportuario Del Pacifico Price Performance
Shares of PAC opened at $253.70 on Friday. The company has a current ratio of 1.50, a quick ratio of 1.50 and a debt-to-equity ratio of 1.90. Grupo Aeroportuario Del Pacifico, S.A. de C.V. has a 1 year low of $206.91 and a 1 year high of $300.41. The stock has a market cap of $12.82 billion, a P/E ratio of 22.73, a price-to-earnings-growth ratio of 0.91 and a beta of 0.93. The stock’s 50-day moving average price is $245.57 and its two-hundred day moving average price is $255.43.
Grupo Aeroportuario Del Pacifico (NYSE:PAC – Get Free Report) last posted its earnings results on Tuesday, March 31st. The transportation company reported $3.72 earnings per share (EPS) for the quarter. The company had revenue of $635.54 million during the quarter. Grupo Aeroportuario Del Pacifico had a return on equity of 43.12% and a net margin of 25.04%. On average, equities analysts predict that Grupo Aeroportuario Del Pacifico, S.A. de C.V. will post 12.64 earnings per share for the current year.
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.
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