Grupo Aeroportuario Del Pacifico, S.A. de C.V. (NYSE:PAC) Receives Consensus Rating of “Hold” from Analysts

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

Separately, Zacks Research raised shares of Grupo Aeroportuario Del Pacifico from a “strong sell” rating to a “hold” rating in a research note on Monday, February 9th.

Grupo Aeroportuario Del Pacifico Price Performance

Shares of Grupo Aeroportuario Del Pacifico stock opened at $236.37 on Friday. Grupo Aeroportuario Del Pacifico has a 52-week low of $206.91 and a 52-week high of $300.41. The stock has a market capitalization of $11.94 billion, a price-to-earnings ratio of 21.18, a price-to-earnings-growth ratio of 0.86 and a beta of 0.98. The company has a fifty day moving average of $246.57 and a 200-day moving average of $253.22. 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 announced its quarterly earnings data 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 during the quarter. Equities research analysts expect that Grupo Aeroportuario Del Pacifico will post 12.51 EPS for the current year.

Institutional Investors Weigh In On Grupo Aeroportuario Del Pacifico

Several institutional investors have recently added to or reduced their stakes in PAC. Lazard Asset Management LLC boosted its position in Grupo Aeroportuario Del Pacifico by 21.8% during the 4th quarter. Lazard Asset Management LLC now owns 1,154,495 shares of the transportation company’s stock valued at $304,359,000 after buying an additional 206,914 shares during the period. Itau Unibanco Holding S.A. purchased a new stake in Grupo Aeroportuario Del Pacifico during the 4th quarter valued at $42,634,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC purchased a new stake in Grupo Aeroportuario Del Pacifico during the 3rd quarter valued at $30,453,000. Fisher Funds Management LTD purchased a new stake in Grupo Aeroportuario Del Pacifico during the 4th quarter valued at $25,933,000. Finally, Bank of America Corp DE boosted its position in Grupo Aeroportuario Del Pacifico by 185.0% during the 1st quarter. Bank of America Corp DE now owns 83,866 shares of the transportation company’s stock valued at $20,704,000 after buying an additional 54,439 shares during the period. Hedge funds and other 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.