Stokes Family Office LLC Sells 148 Shares of Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC)

Stokes Family Office LLC lessened its holdings in Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC) by 6.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 2,130 shares of the transportation company’s stock after selling 148 shares during the quarter. Stokes Family Office LLC’s holdings in Grupo Aeroportuario del Pacífico were worth $373,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the business. State Street Corp boosted its position in shares of Grupo Aeroportuario del Pacífico by 11.0% in the third quarter. State Street Corp now owns 374,595 shares of the transportation company’s stock valued at $65,187,000 after acquiring an additional 37,005 shares during the period. Northcape Capital Pty Ltd boosted its position in shares of Grupo Aeroportuario del Pacífico by 4.5% in the fourth quarter. Northcape Capital Pty Ltd now owns 171,841 shares of the transportation company’s stock valued at $30,070,000 after acquiring an additional 7,473 shares during the period. Itau Unibanco Holding S.A. bought a new stake in shares of Grupo Aeroportuario del Pacífico in the third quarter valued at about $23,145,000. Janney Montgomery Scott LLC boosted its position in shares of Grupo Aeroportuario del Pacífico by 7.1% in the fourth quarter. Janney Montgomery Scott LLC now owns 92,372 shares of the transportation company’s stock valued at $16,164,000 after acquiring an additional 6,139 shares during the period. Finally, Maryland State Retirement & Pension System boosted its position in shares of Grupo Aeroportuario del Pacífico by 5.8% in the fourth quarter. Maryland State Retirement & Pension System now owns 53,676 shares of the transportation company’s stock valued at $9,393,000 after acquiring an additional 2,936 shares during the period. Institutional investors own 11.73% of the company’s stock.

Wall Street Analysts Forecast Growth

PAC has been the subject of a number of recent research reports. Bank of America cut shares of Grupo Aeroportuario del Pacífico from a “buy” rating to a “neutral” rating in a research report on Tuesday, March 4th. UBS Group upgraded shares of Grupo Aeroportuario del Pacífico from a “neutral” rating to a “buy” rating in a research note on Tuesday, November 26th. Jefferies Financial Group upgraded shares of Grupo Aeroportuario del Pacífico from an “underperform” rating to a “hold” rating and increased their price objective for the stock from $140.00 to $210.00 in a research note on Wednesday, February 12th. Finally, Barclays reiterated an “equal weight” rating on shares of Grupo Aeroportuario del Pacífico in a research note on Tuesday, January 21st. One equities research analyst has rated the stock with a sell rating, four have given a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $200.00.

Grupo Aeroportuario del Pacífico Trading Up 1.1 %

Shares of Grupo Aeroportuario del Pacífico stock opened at $192.58 on Thursday. The company has a market capitalization of $9.73 billion, a price-to-earnings ratio of 19.14, a PEG ratio of 1.28 and a beta of 1.46. 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 12-month low of $144.89 and a 12-month high of $205.35. The firm’s 50-day moving average price is $190.44 and its two-hundred day moving average price is $183.19.

About Grupo Aeroportuario del Pacífico

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.