Eurizon Capital SGR S.p.A. Invests $3.13 Million in Grupo Aeroportuario Del Pacifico, S.A. de C.V. $PAC

Eurizon Capital SGR S.p.A. acquired a new position in shares of Grupo Aeroportuario Del Pacifico, S.A. de C.V. (NYSE:PAC) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 11,900 shares of the transportation company’s stock, valued at approximately $3,128,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. EverSource Wealth Advisors LLC lifted its stake in Grupo Aeroportuario Del Pacifico by 65.7% during the fourth quarter. EverSource Wealth Advisors LLC now owns 164 shares of the transportation company’s stock worth $43,000 after purchasing an additional 65 shares during the last quarter. Measured Wealth Private Client Group LLC purchased a new stake in Grupo Aeroportuario Del Pacifico in the third quarter valued at approximately $43,000. Van ECK Associates Corp lifted its stake in Grupo Aeroportuario Del Pacifico by 20.6% in the third 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 during the last quarter. Allworth Financial LP raised its stake in shares of Grupo Aeroportuario Del Pacifico by 92.0% during the fourth quarter. Allworth Financial LP now owns 311 shares of the transportation company’s stock worth $82,000 after purchasing an additional 149 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. raised its stake in shares of Grupo Aeroportuario Del Pacifico by 88.0% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 472 shares of the transportation company’s stock worth $112,000 after purchasing an additional 221 shares during the last quarter. 11.73% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, Zacks Research upgraded Grupo Aeroportuario Del Pacifico from a “strong sell” rating to a “hold” rating in a research note on Monday, February 9th. Two analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Hold”.

Grupo Aeroportuario Del Pacifico Stock Down 2.2%

PAC opened at $231.14 on Tuesday. The company has a quick ratio of 1.50, a current ratio of 1.50 and a debt-to-equity ratio of 1.90. The firm has a market cap of $11.68 billion, a P/E ratio of 20.71, a PEG ratio of 0.86 and a beta of 0.94. Grupo Aeroportuario Del Pacifico, S.A. de C.V. has a 52 week low of $206.91 and a 52 week high of $300.41. The business’s fifty day simple moving average is $246.42 and its 200 day simple moving average is $253.59.

Grupo Aeroportuario Del Pacifico (NYSE:PAC) last posted its quarterly earnings data on Tuesday, March 31st. The transportation company reported $3.72 EPS for the quarter. The business had revenue of $635.54 million for the quarter. Grupo Aeroportuario Del Pacifico had a return on equity of 43.12% and a net margin of 25.04%. As a group, equities research analysts anticipate that Grupo Aeroportuario Del Pacifico, S.A. de C.V. will post 12.51 EPS for the current fiscal year.

Grupo Aeroportuario Del Pacifico Profile

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.