LRT Capital Management LLC purchased a new position in Grupo Aeroportuario Del Pacifico, S.A. de C.V. (NYSE:PAC – Free Report) during the 4th quarter, Holdings Channel reports. The fund purchased 2,805 shares of the transportation company’s stock, valued at approximately $739,000.
Other institutional investors also recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC increased its stake in Grupo Aeroportuario Del Pacifico by 65.7% in the 4th quarter. EverSource Wealth Advisors LLC now owns 164 shares of the transportation company’s stock worth $43,000 after buying an additional 65 shares during the period. Measured Wealth Private Client Group LLC purchased a new position in Grupo Aeroportuario Del Pacifico in the 3rd quarter worth about $43,000. Kestra Advisory Services LLC purchased a new position in Grupo Aeroportuario Del Pacifico in the 4th quarter worth about $54,000. Van ECK Associates Corp increased its stake in Grupo Aeroportuario Del Pacifico by 20.6% in the 3rd quarter. Van ECK Associates Corp now owns 334 shares of the transportation company’s stock worth $79,000 after buying an additional 57 shares during the period. Finally, Allworth Financial LP increased its stake in Grupo Aeroportuario Del Pacifico by 92.0% in the 4th quarter. Allworth Financial LP now owns 311 shares of the transportation company’s stock worth $82,000 after buying an additional 149 shares during the period. Hedge funds and other institutional investors own 11.73% of the company’s stock.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Grupo Aeroportuario Del Pacifico in a research note on Wednesday, June 3rd. Two equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold”.
Grupo Aeroportuario Del Pacifico Stock Up 3.1%
Shares of Grupo Aeroportuario Del Pacifico stock opened at $237.04 on Friday. The company has a debt-to-equity ratio of 1.90, a current ratio of 1.50 and a quick ratio of 1.50. 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 firm’s 50-day moving average is $244.58 and its two-hundred day moving average is $254.13. The stock has a market cap of $11.98 billion, a price-to-earnings ratio of 21.24, a PEG ratio of 0.86 and a beta of 0.94.
Grupo Aeroportuario Del Pacifico (NYSE:PAC – Get Free Report) last issued its earnings results on Tuesday, March 31st. The transportation company reported $3.72 earnings per share (EPS) for the quarter. Grupo Aeroportuario Del Pacifico had a net margin of 25.04% and a return on equity of 43.12%. The company had revenue of $635.54 million for the quarter. As a group, research analysts expect that Grupo Aeroportuario Del Pacifico, S.A. de C.V. will post 12.51 earnings per share for the current fiscal 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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