Grupo Aeroportuario Del Pacifico, S.A. de C.V. $PAC Shares Sold by Diversify Wealth Management LLC

Diversify Wealth Management LLC decreased its position in shares of Grupo Aeroportuario Del Pacifico, S.A. de C.V. (NYSE:PAC) by 78.1% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 873 shares of the transportation company’s stock after selling 3,121 shares during the quarter. Diversify Wealth Management LLC’s holdings in Grupo Aeroportuario Del Pacifico were worth $215,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Lazard Asset Management LLC grew its holdings in shares of Grupo Aeroportuario Del Pacifico by 21.8% in the 4th quarter. Lazard Asset Management LLC now owns 1,154,495 shares of the transportation company’s stock worth $304,359,000 after acquiring an additional 206,914 shares during the period. State Street Corp raised its holdings in Grupo Aeroportuario Del Pacifico by 3.6% during the fourth quarter. State Street Corp now owns 403,691 shares of the transportation company’s stock worth $106,425,000 after purchasing an additional 14,079 shares during the last quarter. Northcape Capital Pty Ltd raised its holdings in Grupo Aeroportuario Del Pacifico by 1.7% during the fourth quarter. Northcape Capital Pty Ltd now owns 191,049 shares of the transportation company’s stock worth $51,589,000 after purchasing an additional 3,214 shares during the last quarter. Itau Unibanco Holding S.A. purchased a new stake in Grupo Aeroportuario Del Pacifico during the fourth quarter worth $42,634,000. Finally, Dimensional Fund Advisors LP boosted its position in Grupo Aeroportuario Del Pacifico by 4.1% during the fourth quarter. Dimensional Fund Advisors LP now owns 154,800 shares of the transportation company’s stock worth $40,805,000 after purchasing an additional 6,085 shares in the last quarter. Institutional investors and hedge funds own 11.73% of the company’s stock.

Grupo Aeroportuario Del Pacifico Stock Up 0.1%

Shares of NYSE PAC opened at $221.03 on Monday. The firm’s 50-day moving average is $241.31 and its two-hundred day moving average is $253.07. The company has a market capitalization of $11.17 billion, a PE ratio of 19.63, a price-to-earnings-growth ratio of 1.47 and a beta of 0.93. Grupo Aeroportuario Del Pacifico, S.A. de C.V. has a 12-month low of $206.91 and a 12-month high of $300.41. The company has a debt-to-equity ratio of 0.95, a current ratio of 0.84 and a quick ratio of 0.84.

Grupo Aeroportuario Del Pacifico (NYSE:PAC) last issued its quarterly earnings data on Tuesday, July 14th. The transportation company reported $2.80 earnings per share for the quarter, missing analysts’ consensus estimates of $3.10 by ($0.30). Grupo Aeroportuario Del Pacifico had a return on equity of 32.44% and a net margin of 25.36%.The business had revenue of $645.23 million for the quarter, compared to analysts’ expectations of $732.26 million. Equities analysts anticipate that Grupo Aeroportuario Del Pacifico, S.A. de C.V. will post 11.71 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of Grupo Aeroportuario Del Pacifico in a report on Wednesday, June 3rd. Two investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold”.

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.