Quantinno Capital Management LP Purchases 380 Shares of Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC)

Quantinno Capital Management LP raised its position in Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC) by 19.1% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,374 shares of the transportation company’s stock after buying an additional 380 shares during the quarter. Quantinno Capital Management LP’s holdings in Grupo Aeroportuario del Pacífico were worth $413,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in PAC. Albert D Mason Inc. raised its position in shares of Grupo Aeroportuario del Pacífico by 0.5% in the third quarter. Albert D Mason Inc. now owns 12,645 shares of the transportation company’s stock valued at $2,200,000 after buying an additional 63 shares in the last quarter. Signaturefd LLC increased its stake in Grupo Aeroportuario del Pacífico by 34.0% during the 3rd quarter. Signaturefd LLC now owns 252 shares of the transportation company’s stock worth $44,000 after acquiring an additional 64 shares during the period. US Bancorp DE raised its holdings in Grupo Aeroportuario del Pacífico by 24.4% in the 3rd quarter. US Bancorp DE now owns 448 shares of the transportation company’s stock valued at $78,000 after acquiring an additional 88 shares in the last quarter. Van ECK Associates Corp lifted its position in shares of Grupo Aeroportuario del Pacífico by 67.9% during the 3rd quarter. Van ECK Associates Corp now owns 220 shares of the transportation company’s stock valued at $38,000 after acquiring an additional 89 shares during the period. Finally, Blue Trust Inc. grew its holdings in shares of Grupo Aeroportuario del Pacífico by 37.3% during the 3rd quarter. Blue Trust Inc. now owns 390 shares of the transportation company’s stock worth $68,000 after purchasing an additional 106 shares in the last quarter. Institutional investors own 11.73% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently commented on the company. Bank of America raised Grupo Aeroportuario del Pacífico from a “neutral” rating to a “buy” rating in a research note on Wednesday, August 28th. Citigroup raised shares of Grupo Aeroportuario del Pacífico to a “strong-buy” rating in a report on Wednesday, August 28th. UBS Group raised shares of Grupo Aeroportuario del Pacífico from a “neutral” rating to a “buy” rating in a research note on Tuesday, November 26th. The Goldman Sachs Group boosted their price objective on shares of Grupo Aeroportuario del Pacífico from $177.00 to $205.00 and gave the company a “buy” rating in a research report on Friday, August 30th. Finally, JPMorgan Chase & Co. reaffirmed an “underweight” rating on shares of Grupo Aeroportuario del Pacífico in a report on Thursday, September 5th. One analyst has rated the stock with a sell rating, one has given a hold rating, three have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $195.00.

Grupo Aeroportuario del Pacífico Trading Down 0.2 %

PAC opened at $188.80 on Monday. The company’s 50 day moving average is $180.17 and its 200-day moving average is $170.79. The company has a market cap of $9.54 billion, a P/E ratio of 18.77, a PEG ratio of 1.66 and a beta of 1.47. Grupo Aeroportuario del Pacífico, S.A.B. de C.V. has a 1-year low of $139.64 and a 1-year high of $200.00. The company has a current ratio of 1.50, a quick ratio of 1.50 and a debt-to-equity ratio of 2.08.

Grupo Aeroportuario del Pacífico Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, December 6th. Shareholders of record on Monday, November 25th were paid a dividend of $3.7626 per share. The ex-dividend date was Monday, November 25th. This represents a $15.05 dividend on an annualized basis and a dividend yield of 7.97%.

Grupo Aeroportuario del Pacífico 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.