Grupo Aeroportuario Del Pacifico, S.A. de C.V. (NYSE:PAC) Given Average Recommendation of “Hold” by Brokerages

Grupo Aeroportuario Del Pacifico, S.A. de C.V. (NYSE:PAC) has received a consensus recommendation of “Hold” from the six brokerages that are presently covering the company, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company.

Several equities analysts have weighed in on PAC shares. Zacks Research raised Grupo Aeroportuario Del Pacifico from a “strong sell” rating to a “hold” rating in a research note on Monday, February 9th. Weiss Ratings restated a “hold (c)” rating on shares of Grupo Aeroportuario Del Pacifico in a research report on Thursday, January 22nd. Finally, Citigroup reaffirmed a “neutral” rating on shares of Grupo Aeroportuario Del Pacifico in a research note on Thursday, January 15th.

Grupo Aeroportuario Del Pacifico Price Performance

PAC opened at $246.63 on Tuesday. The company has a fifty day moving average price of $245.52 and a two-hundred day moving average price of $250.69. The firm has a market capitalization of $12.46 billion, a PE ratio of 22.10, a P/E/G ratio of 1.45 and a beta of 0.98. Grupo Aeroportuario Del Pacifico has a 52 week low of $206.91 and a 52 week high of $300.41. The company has a debt-to-equity ratio of 1.90, a quick ratio of 1.50 and a current ratio of 1.50.

Grupo Aeroportuario Del Pacifico (NYSE:PAC) last posted its quarterly earnings results on Tuesday, March 31st. The transportation company reported $3.72 earnings per share for the quarter. Grupo Aeroportuario Del Pacifico had a return on equity of 43.12% and a net margin of 25.04%.The company had revenue of $635.54 million for the quarter. As a group, analysts anticipate that Grupo Aeroportuario Del Pacifico will post 12.62 earnings per share for the current year.

Institutional Investors Weigh In On Grupo Aeroportuario Del Pacifico

Large investors have recently bought and sold shares of the company. Compound Planning Inc. raised its holdings 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 worth $402,000 after purchasing an additional 49 shares during the period. Van ECK Associates Corp increased its position in shares of 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 valued at $79,000 after buying an additional 57 shares in the last quarter. EverSource Wealth Advisors LLC increased its position in shares of 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 valued at $43,000 after buying an additional 65 shares in the last quarter. ProShare Advisors LLC raised its stake in Grupo Aeroportuario Del Pacifico by 1.8% during the 3rd quarter. ProShare Advisors LLC now owns 4,399 shares of the transportation company’s stock worth $1,043,000 after buying an additional 78 shares during the period. Finally, Harbour Capital Advisors LLC raised its stake in Grupo Aeroportuario Del Pacifico by 2.2% during the 4th quarter. Harbour Capital Advisors LLC now owns 3,692 shares of the transportation company’s stock worth $967,000 after buying an additional 80 shares during the period. Institutional investors own 11.73% of the company’s stock.

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.