WINTON GROUP Ltd Buys 576 Shares of Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC)

WINTON GROUP Ltd grew its holdings in shares of Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PACGet Rating) by 43.0% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,915 shares of the transportation company’s stock after buying an additional 576 shares during the period. WINTON GROUP Ltd’s holdings in Grupo Aeroportuario del Pacífico were worth $267,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of the business. Raymond James & Associates grew its stake in shares of Grupo Aeroportuario del Pacífico by 591.4% during the 1st quarter. Raymond James & Associates now owns 49,838 shares of the transportation company’s stock valued at $8,035,000 after acquiring an additional 42,630 shares during the period. Atria Investments LLC purchased a new stake in shares of Grupo Aeroportuario del Pacífico during the 1st quarter worth approximately $1,208,000. Connor Clark & Lunn Investment Management Ltd. purchased a new stake in shares of Grupo Aeroportuario del Pacífico during the 1st quarter worth approximately $794,000. Malaga Cove Capital LLC raised its holdings in shares of Grupo Aeroportuario del Pacífico by 7.0% during the 2nd quarter. Malaga Cove Capital LLC now owns 14,782 shares of the transportation company’s stock worth $2,087,000 after acquiring an additional 966 shares in the last quarter. Finally, Applied Research Investments LLC purchased a new stake in Grupo Aeroportuario del Pacífico during the 1st quarter valued at $504,000. Institutional investors own 12.69% of the company’s stock.

Grupo Aeroportuario del Pacífico Price Performance

PAC opened at $163.32 on Monday. Grupo Aeroportuario del Pacífico, S.A.B. de C.V. has a 12-month low of $112.88 and a 12-month high of $176.00. The company has a current ratio of 1.81, a quick ratio of 1.81 and a debt-to-equity ratio of 1.82. The business’s fifty day simple moving average is $147.50 and its 200-day simple moving average is $144.41. The company has a market capitalization of $8.34 billion, a price-to-earnings ratio of 18.33, a PEG ratio of 1.76 and a beta of 1.24.

Grupo Aeroportuario del Pacífico Increases Dividend

The company also recently declared a semi-annual dividend, which will be paid on Monday, November 28th. Stockholders of record on Thursday, November 17th will be given a dividend of $3.3121 per share. This is an increase from Grupo Aeroportuario del Pacífico’s previous semi-annual dividend of $3.15. The ex-dividend date is Wednesday, November 16th. This represents a dividend yield of 4.1%. Grupo Aeroportuario del Pacífico’s dividend payout ratio is presently 73.29%.

Wall Street Analysts Forecast Growth

PAC has been the topic of several recent research reports. The Goldman Sachs Group increased their price target on Grupo Aeroportuario del Pacífico from $126.00 to $140.00 and gave the company a “neutral” rating in a report on Tuesday, November 1st. HSBC upgraded Grupo Aeroportuario del Pacífico from a “hold” rating to a “buy” rating in a report on Thursday, August 25th. JPMorgan Chase & Co. upgraded Grupo Aeroportuario del Pacífico from an “underweight” rating to a “neutral” rating in a report on Monday, August 8th. StockNews.com initiated coverage on Grupo Aeroportuario del Pacífico in a research report on Wednesday, October 12th. They issued a “hold” rating on the stock. Finally, Grupo Santander downgraded Grupo Aeroportuario del Pacífico from a “neutral” rating to an “underperform” rating and set a $136.00 price objective on the stock. in a research report on Thursday, October 20th. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $148.75.

About Grupo Aeroportuario del Pacífico

(Get Rating)

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 Josà del Cabo, Guanajuato (BajÃo), Hermosillo, Mexicali, Los Mochis, La Paz, Manzanillo, Morelia, and Aguascalientes.

Featured Articles

Want to see what other hedge funds are holding PAC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PACGet Rating).

Institutional Ownership by Quarter for Grupo Aeroportuario del Pacífico (NYSE:PAC)

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.