Deprince Race & Zollo Inc. Invests $7.20 Million in Grupo Aeroportuario Del Pacifico, S.A. de C.V. $PAC

Deprince Race & Zollo Inc. bought a new stake in Grupo Aeroportuario Del Pacifico, S.A. de C.V. (NYSE:PAC) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 29,144 shares of the transportation company’s stock, valued at approximately $7,195,000. Deprince Race & Zollo Inc. owned about 0.06% of Grupo Aeroportuario Del Pacifico at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the business. EverSource Wealth Advisors LLC increased its holdings in Grupo Aeroportuario Del Pacifico by 65.7% during the 4th quarter. EverSource Wealth Advisors LLC now owns 164 shares of the transportation company’s stock valued at $43,000 after purchasing an additional 65 shares in the last quarter. Measured Wealth Private Client Group LLC acquired a new position in Grupo Aeroportuario Del Pacifico in the third quarter worth $43,000. Kestra Advisory Services LLC acquired a new position in Grupo Aeroportuario Del Pacifico in the fourth quarter worth $54,000. Van ECK Associates Corp grew its holdings in shares of Grupo Aeroportuario Del Pacifico by 20.6% during the third quarter. Van ECK Associates Corp now owns 334 shares of the transportation company’s stock worth $79,000 after purchasing an additional 57 shares during the last quarter. Finally, Allworth Financial LP grew its holdings 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. 11.73% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “hold (c)” rating on shares of Grupo Aeroportuario Del Pacifico in a research note on Wednesday, June 3rd. Two equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold”.

Grupo Aeroportuario Del Pacifico Price Performance

Shares of PAC stock opened at $253.70 on Friday. Grupo Aeroportuario Del Pacifico, S.A. de C.V. has a 1 year low of $206.91 and a 1 year high of $300.41. The company has a current ratio of 1.50, a quick ratio of 1.50 and a debt-to-equity ratio of 1.90. The firm’s 50 day moving average is $245.57 and its 200-day moving average is $255.43. The firm has a market capitalization of $12.82 billion, a price-to-earnings ratio of 22.73, a PEG ratio of 0.91 and a beta of 0.93.

Grupo Aeroportuario Del Pacifico (NYSE:PAC) last issued 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 net margin of 25.04% and a return on equity of 43.12%. The business had revenue of $635.54 million during the quarter. Sell-side analysts forecast that Grupo Aeroportuario Del Pacifico, S.A. de C.V. will post 12.64 EPS for the current fiscal year.

Grupo Aeroportuario Del Pacifico Company 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.