AdvisorShares Investments LLC Purchases Shares of 3,950 Grupo Aeroportuario Del Pacifico, S.A. de C.V. $PAC

AdvisorShares Investments LLC bought a new stake in Grupo Aeroportuario Del Pacifico, S.A. de C.V. (NYSE:PAC) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 3,950 shares of the transportation company’s stock, valued at approximately $937,000.

Other institutional investors have also recently bought and sold shares of the company. Goldman Sachs Group Inc. increased its holdings in shares of Grupo Aeroportuario Del Pacifico by 65.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 39,976 shares of the transportation company’s stock worth $7,416,000 after acquiring an additional 15,862 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC bought a new position in shares of Grupo Aeroportuario Del Pacifico during the first quarter worth approximately $16,136,000. Jane Street Group LLC acquired a new position in Grupo Aeroportuario Del Pacifico in the 1st quarter valued at $730,000. Blue Trust Inc. raised its stake in Grupo Aeroportuario Del Pacifico by 24.9% in the second quarter. Blue Trust Inc. now owns 596 shares of the transportation company’s stock valued at $137,000 after purchasing an additional 119 shares in the last quarter. Finally, CWM LLC raised its position in shares of Grupo Aeroportuario Del Pacifico by 41.5% in the 2nd quarter. CWM LLC now owns 174 shares of the transportation company’s stock valued at $40,000 after buying an additional 51 shares in the last quarter. Institutional investors and hedge funds own 11.73% of the company’s stock.

Grupo Aeroportuario Del Pacifico Price Performance

NYSE:PAC opened at $287.09 on Friday. Grupo Aeroportuario Del Pacifico, S.A. de C.V. has a one year low of $168.62 and a one year high of $287.51. The firm has a 50-day moving average of $263.80 and a 200-day moving average of $243.92. The company has a debt-to-equity ratio of 2.21, a current ratio of 2.01 and a quick ratio of 2.01.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the company. Weiss Ratings reissued a “hold (c)” rating on shares of Grupo Aeroportuario Del Pacifico in a report on Thursday, January 22nd. JPMorgan Chase & Co. raised shares of Grupo Aeroportuario Del Pacifico from a “neutral” rating to an “overweight” rating in a research note on Friday, November 14th. Scotiabank restated a “sector perform” rating on shares of Grupo Aeroportuario Del Pacifico in a research report on Thursday, December 4th. Bank of America raised shares of Grupo Aeroportuario Del Pacifico from an “underperform” rating to a “buy” rating in a research note on Thursday, December 11th. Finally, Zacks Research lowered Grupo Aeroportuario Del Pacifico from a “hold” rating to a “strong sell” rating in a research note on Tuesday, January 6th. Two equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $210.00.

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.