Cerity Partners LLC Lowers Position in Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC)

Cerity Partners LLC reduced its stake in Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC) by 12.8% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,841 shares of the transportation company’s stock after selling 270 shares during the quarter. Cerity Partners LLC’s holdings in Grupo Aeroportuario del Pacífico were worth $323,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Blue Trust Inc. raised its position in Grupo Aeroportuario del Pacífico by 19.3% in the 4th quarter. Blue Trust Inc. now owns 685 shares of the transportation company’s stock valued at $113,000 after buying an additional 111 shares during the last quarter. Northcape Capital Pty Ltd raised its position in Grupo Aeroportuario del Pacífico by 86.4% in the 4th quarter. Northcape Capital Pty Ltd now owns 96,758 shares of the transportation company’s stock valued at $16,954,000 after buying an additional 44,862 shares during the last quarter. VisionPoint Advisory Group LLC raised its position in Grupo Aeroportuario del Pacífico by 17.3% in the 3rd quarter. VisionPoint Advisory Group LLC now owns 3,713 shares of the transportation company’s stock valued at $610,000 after buying an additional 548 shares during the last quarter. American Century Companies Inc. grew its stake in Grupo Aeroportuario del Pacífico by 10.3% in the 3rd quarter. American Century Companies Inc. now owns 30,174 shares of the transportation company’s stock valued at $4,960,000 after purchasing an additional 2,807 shares during the period. Finally, Altrinsic Global Advisors LLC grew its stake in Grupo Aeroportuario del Pacífico by 39.7% in the 3rd quarter. Altrinsic Global Advisors LLC now owns 3,344 shares of the transportation company’s stock valued at $550,000 after purchasing an additional 950 shares during the period. 11.73% of the stock is owned by hedge funds and other institutional investors.

Grupo Aeroportuario del Pacífico Stock Up 1.9 %

Shares of NYSE:PAC opened at $183.47 on Friday. The company has a market capitalization of $9.27 billion, a PE ratio of 16.38, a price-to-earnings-growth ratio of 2.60 and a beta of 1.53. The company has a debt-to-equity ratio of 1.83, a current ratio of 1.13 and a quick ratio of 1.22. The business has a fifty day moving average price of $156.53 and a two-hundred day moving average price of $152.14. Grupo Aeroportuario del Pacífico, S.A.B. de C.V. has a 1 year low of $107.25 and a 1 year high of $196.66.

Grupo Aeroportuario del Pacífico (NYSE:PAC) last posted its quarterly earnings results on Monday, February 26th. The transportation company reported $2.55 earnings per share for the quarter, topping the consensus estimate of $2.37 by $0.18. The company had revenue of $520.93 million during the quarter. Grupo Aeroportuario del Pacífico had a return on equity of 52.18% and a net margin of 29.12%. Analysts forecast that Grupo Aeroportuario del Pacífico, S.A.B. de C.V. will post 10.76 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group upgraded Grupo Aeroportuario del Pacífico from a “neutral” rating to a “buy” rating and upped their price objective for the company from $135.00 to $175.00 in a research note on Friday, January 26th. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat.com, Grupo Aeroportuario del Pacífico currently has a consensus rating of “Moderate Buy” and a consensus target price of $175.00.

Grupo Aeroportuario del Pacífico Profile

Grupo Aeroportuario del Pacífico, SAB. de C.V., together with its subsidiaries, manages, operates, and develops airports primarily in Mexico's Pacific region. The company was incorporated in 1998 and is headquartered in Guadalajara, Mexico.