Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC) Shares Bought by Metis Global Partners LLC

Metis Global Partners LLC increased its stake in Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC) by 4.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 22,511 shares of the transportation company’s stock after purchasing an additional 969 shares during the quarter. Metis Global Partners LLC’s holdings in Grupo Aeroportuario del Pacífico were worth $3,939,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. State Street Corp raised its position in shares of Grupo Aeroportuario del Pacífico by 11.0% during the 3rd quarter. State Street Corp now owns 374,595 shares of the transportation company’s stock worth $65,187,000 after buying an additional 37,005 shares in the last quarter. FMR LLC increased its stake in shares of Grupo Aeroportuario del Pacífico by 1,454.3% during the third quarter. FMR LLC now owns 19,367 shares of the transportation company’s stock valued at $3,370,000 after acquiring an additional 18,121 shares during the period. BNP Paribas Financial Markets raised its holdings in Grupo Aeroportuario del Pacífico by 16.7% during the third quarter. BNP Paribas Financial Markets now owns 21,206 shares of the transportation company’s stock worth $3,690,000 after purchasing an additional 3,032 shares in the last quarter. National Bank of Canada FI lifted its position in Grupo Aeroportuario del Pacífico by 7,927.9% in the third quarter. National Bank of Canada FI now owns 48,970 shares of the transportation company’s stock worth $8,521,000 after purchasing an additional 48,360 shares during the period. Finally, Northcape Capital Pty Ltd boosted its stake in Grupo Aeroportuario del Pacífico by 4.5% during the 4th quarter. Northcape Capital Pty Ltd now owns 171,841 shares of the transportation company’s stock valued at $30,070,000 after purchasing an additional 7,473 shares in the last quarter. Institutional investors own 11.73% of the company’s stock.

Grupo Aeroportuario del Pacífico Stock Performance

Shares of NYSE PAC opened at $189.34 on Friday. The stock’s fifty day simple moving average is $188.49 and its 200 day simple moving average is $181.17. The stock has a market capitalization of $9.57 billion, a price-to-earnings ratio of 18.82, a PEG ratio of 1.28 and a beta of 1.47. The company has a quick ratio of 1.50, a current ratio of 1.50 and a debt-to-equity ratio of 2.08. Grupo Aeroportuario del Pacífico, S.A.B. de C.V. has a 52-week low of $139.64 and a 52-week high of $205.35.

Analyst Ratings Changes

A number of research firms have recently commented on PAC. Barclays reissued an “equal weight” rating on shares of Grupo Aeroportuario del Pacífico in a research note on Tuesday, January 21st. UBS Group upgraded shares of Grupo Aeroportuario del Pacífico from a “neutral” rating to a “buy” rating in a research report on Tuesday, November 26th. Finally, Jefferies Financial Group upgraded shares of Grupo Aeroportuario del Pacífico from an “underperform” rating to a “hold” rating and raised their price objective for the company from $140.00 to $210.00 in a research report on Wednesday, February 12th. One analyst has rated the stock with a sell rating, three have assigned a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, Grupo Aeroportuario del Pacífico has an average rating of “Moderate Buy” and an average target price of $200.00.

Grupo Aeroportuario del Pacífico Company Profile

Grupo Aeroportuario del Pacífico, SAB. de C.V., together with its subsidiaries, holds concessions to develop, operate, and manage airports in Mexico and Jamaica. The company operates twelve international airports in Guadalajara and Tijuana areas, Mexico; and two international airports in Montego Bay, Jamaica.