Grupo Aeroportuario Del Pacifico, S.A. de C.V. (NYSE:PAC) was upgraded by research analysts at Scotiabank from a “sector perform” rating to an “outperform” rating in a research report issued to clients and investors on Thursday, The Fly reports.

A number of other research firms have also issued reports on PAC. Zacks Investment Research lowered Grupo Aeroportuario Del Pacifico, S.A. de C.V. from a “hold” rating to a “sell” rating in a report on Tuesday, July 18th. Morgan Stanley lowered Grupo Aeroportuario Del Pacifico, S.A. de C.V. from an “equal weight” rating to an “underweight” rating in a report on Tuesday, May 30th. BidaskClub lowered Grupo Aeroportuario Del Pacifico, S.A. de C.V. from a “strong-buy” rating to a “buy” rating in a report on Monday, July 31st. Finally, UBS AG lowered Grupo Aeroportuario Del Pacifico, S.A. de C.V. from a “neutral” rating to a “sell” rating in a report on Wednesday, May 17th. Two equities research analysts have rated the stock with a sell rating and four have assigned a buy rating to the stock. The company has an average rating of “Hold” and an average price target of $128.00.

Grupo Aeroportuario Del Pacifico, S.A. de C.V. (NYSE PAC) opened at 108.69 on Thursday. Grupo Aeroportuario Del Pacifico, S.A. de C.V. has a one year low of $72.52 and a one year high of $119.87. The stock has a 50 day moving average price of $112.74 and a 200 day moving average price of $104.35. The firm has a market cap of $5.71 billion, a PE ratio of 23.13 and a beta of 0.30.

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Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Advisor Group Inc. grew its holdings in shares of Grupo Aeroportuario Del Pacifico, S.A. de C.V. by 128.8% during the second quarter. Advisor Group Inc. now owns 1,769 shares of the transportation company’s stock worth $198,000 after buying an additional 996 shares during the last quarter. Quantitative Systematic Strategies LLC purchased a new position in shares of Grupo Aeroportuario Del Pacifico, S.A. de C.V. during the second quarter worth about $210,000. Tower Research Capital LLC TRC grew its holdings in shares of Grupo Aeroportuario Del Pacifico, S.A. de C.V. by 340.3% during the second quarter. Tower Research Capital LLC TRC now owns 2,065 shares of the transportation company’s stock worth $232,000 after buying an additional 1,596 shares during the last quarter. DekaBank Deutsche Girozentrale purchased a new position in shares of Grupo Aeroportuario Del Pacifico, S.A. de C.V. during the second quarter worth about $264,000. Finally, Comerica Bank grew its holdings in shares of Grupo Aeroportuario Del Pacifico, S.A. de C.V. by 1.3% during the first quarter. Comerica Bank now owns 2,732 shares of the transportation company’s stock worth $276,000 after buying an additional 35 shares during the last quarter. 6.26% of the stock is currently owned by hedge funds and other institutional investors.

About Grupo Aeroportuario Del Pacifico, S.A. de C.V.

Grupo Aeroportuario del Pacifico, SAB. de C.V. is a holding company. The Company holds concessions to operate, maintain and develop approximately 10 international airports in the Pacific and Central regions of Mexico, and an international airport in Jamaica. The Company’s segments include Guadalajara, Tijuana, Puerto Vallarta, San Jose del Cabo, Montego Bay, Hermosillo, Bajio, Other Airports and Others Companies.

The Fly

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