1,000 Shares in Grupo Aeroportr dl Pcfco SAB de CV (NYSE:PAC) Bought by Covington Capital Management

Covington Capital Management acquired a new position in Grupo Aeroportr dl Pcfco SAB de CV (NYSE:PAC) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 1,000 shares of the transportation company’s stock, valued at approximately $119,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Signaturefd LLC grew its holdings in shares of Grupo Aeroportr dl Pcfco SAB de CV by 56.6% in the fourth quarter. Signaturefd LLC now owns 260 shares of the transportation company’s stock worth $31,000 after acquiring an additional 94 shares during the period. Citigroup Inc. lifted its position in Grupo Aeroportr dl Pcfco SAB de CV by 168.9% during the fourth quarter. Citigroup Inc. now owns 277 shares of the transportation company’s stock valued at $33,000 after purchasing an additional 174 shares in the last quarter. Steward Partners Investment Advisory LLC purchased a new position in Grupo Aeroportr dl Pcfco SAB de CV during the fourth quarter valued at $35,000. Bessemer Group Inc. purchased a new position in Grupo Aeroportr dl Pcfco SAB de CV during the fourth quarter valued at $44,000. Finally, Barclays PLC purchased a new position in Grupo Aeroportr dl Pcfco SAB de CV during the third quarter valued at $53,000. 10.04% of the stock is owned by institutional investors.

PAC has been the topic of several analyst reports. Zacks Investment Research downgraded Grupo Aeroportr dl Pcfco SAB de CV from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 13th. ValuEngine upgraded Grupo Aeroportr dl Pcfco SAB de CV from a “sell” rating to a “hold” rating in a research report on Tuesday, March 3rd. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the company. Grupo Aeroportr dl Pcfco SAB de CV presently has an average rating of “Hold” and a consensus target price of $122.18.

Shares of Grupo Aeroportr dl Pcfco SAB de CV stock opened at $56.97 on Thursday. The stock’s 50-day simple moving average is $102.52 and its 200-day simple moving average is $107.68. Grupo Aeroportr dl Pcfco SAB de CV has a 52 week low of $44.28 and a 52 week high of $135.31. The company has a market capitalization of $2.89 billion, a price-to-earnings ratio of 11.30, a PEG ratio of 1.54 and a beta of 0.65. The company has a quick ratio of 1.71, a current ratio of 2.00 and a debt-to-equity ratio of 0.79.

Grupo Aeroportr dl Pcfco SAB de CV (NYSE:PAC) last announced its quarterly earnings data on Thursday, February 20th. The transportation company reported $1.33 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.40 by ($0.07). Grupo Aeroportr dl Pcfco SAB de CV had a net margin of 33.63% and a return on equity of 26.58%. The business had revenue of $237.84 million during the quarter. On average, equities analysts expect that Grupo Aeroportr dl Pcfco SAB de CV will post 6.04 earnings per share for the current year.

About Grupo Aeroportr dl Pcfco SAB de CV

Grupo Aeroportuario del Pacífico, SAB. de C.V. operates airports primarily in Mexico's Pacific region. It has 12 airports in Guadalajara, Puerto Vallarta, Tijuana, San Jose del Cabo, Guanajuato (Bajío), Hermosillo, Mexicali, Los Mochis, La Paz, Manzanillo, Morelia, and Aguascalientes, as well as 1 international airport in Jamaica.

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Institutional Ownership by Quarter for Grupo Aeroportr dl Pcfco SAB de CV (NYSE:PAC)

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