SG Americas Securities LLC cut its holdings in shares of Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC – Get Rating) by 65.4% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm owned 4,629 shares of the transportation company’s stock after selling 8,735 shares during the period. SG Americas Securities LLC’s holdings in Grupo Aeroportuario del Pacífico were worth $746,000 as of its most recent SEC filing.
Other hedge funds have also recently made changes to their positions in the company. Credit Suisse AG increased its stake in shares of Grupo Aeroportuario del Pacífico by 26.2% during the fourth quarter. Credit Suisse AG now owns 94,921 shares of the transportation company’s stock valued at $13,048,000 after buying an additional 19,721 shares during the period. Harbour Capital Advisors LLC grew its stake in Grupo Aeroportuario del Pacífico by 29.7% in the first quarter. Harbour Capital Advisors LLC now owns 3,885 shares of the transportation company’s stock worth $626,000 after purchasing an additional 890 shares during the period. Quaero Capital S.A. purchased a new stake in Grupo Aeroportuario del Pacífico in the first quarter worth $1,322,000. F3Logic LLC purchased a new stake in Grupo Aeroportuario del Pacífico in the fourth quarter worth $789,000. Finally, Qtron Investments LLC purchased a new stake in Grupo Aeroportuario del Pacífico in the fourth quarter worth $600,000. 12.68% of the stock is owned by hedge funds and other institutional investors.
Grupo Aeroportuario del Pacífico Trading Down 1.6 %
Grupo Aeroportuario del Pacífico stock opened at $132.87 on Tuesday. The business’s fifty day simple moving average is $141.39 and its two-hundred day simple moving average is $143.27. Grupo Aeroportuario del Pacífico, S.A.B. de C.V. has a 12 month low of $106.15 and a 12 month high of $167.24. The company has a market capitalization of $6.78 billion, a price-to-earnings ratio of 16.83, a price-to-earnings-growth ratio of 1.75 and a beta of 1.20.
Grupo Aeroportuario del Pacífico Announces Dividend
Analyst Ratings Changes
PAC has been the topic of several recent research reports. StockNews.com cut Grupo Aeroportuario del Pacífico from a “buy” rating to a “hold” rating in a research note on Tuesday, July 26th. JPMorgan Chase & Co. cut Grupo Aeroportuario del Pacífico from a “neutral” rating to an “underweight” rating in a research note on Tuesday, May 3rd. Finally, TheStreet raised Grupo Aeroportuario del Pacífico from a “c” rating to a “b” rating in a research note on Friday, May 20th. Two analysts have rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $159.50.
About Grupo Aeroportuario del Pacífico
Grupo Aeroportuario del Pacífico, SAB. de C.V., together with its subsidiaries, manages, operates, and develops airports primarily in Mexico's Pacific region. It operates 12 airports in Guadalajara, Puerto Vallarta, Tijuana, San JosÃ del Cabo, Guanajuato (BajÃo), Hermosillo, Mexicali, Los Mochis, La Paz, Manzanillo, Morelia, and Aguascalientes.
- Get a free copy of the StockNews.com research report on Grupo Aeroportuario del Pacífico (PAC)
- MarketBeat Podcast: Find Investing Opportunities For The Rest of 2022
- The Colgate-Palmolive Growth Outlook Brightens
- Deep Value High Yield Newell Brands Is Ready To Bottom
- These Stocks Outperformed Last Time There Was A Recession
- Does Rivian’s Stock Still Have A Future?
Want More Great Investing Ideas?
- Bear Market Game Plan!
- The 10 Best Stocks to Own in 2022
- 7 Stocks to Buy and Hold Forever
- 3 Stocks to DOUBLE This Year
Receive News & Ratings for Grupo Aeroportuario del Pacífico Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Grupo Aeroportuario del Pacífico and related companies with MarketBeat.com's FREE daily email newsletter.