Militia Capital Management LLC Takes $839,000 Position in Grupo Aeroportuario Del Pacifico, S.A. de C.V. $PAC

Militia Capital Management LLC bought a new position in shares of Grupo Aeroportuario Del Pacifico, S.A. de C.V. (NYSE:PAC) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 3,400 shares of the transportation company’s stock, valued at approximately $839,000.

Several other hedge funds and other institutional investors have also modified their holdings of PAC. Lazard Asset Management LLC grew its stake in Grupo Aeroportuario Del Pacifico by 21.8% in the 4th quarter. Lazard Asset Management LLC now owns 1,154,495 shares of the transportation company’s stock valued at $304,359,000 after buying an additional 206,914 shares during the last quarter. Itau Unibanco Holding S.A. acquired a new stake in Grupo Aeroportuario Del Pacifico during the fourth quarter worth approximately $42,634,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC acquired a new stake in Grupo Aeroportuario Del Pacifico during the third quarter worth approximately $30,453,000. Fisher Funds Management LTD acquired a new stake in Grupo Aeroportuario Del Pacifico during the fourth quarter worth approximately $25,933,000. Finally, Janney Montgomery Scott LLC boosted its holdings in shares of Grupo Aeroportuario Del Pacifico by 4,465.1% during the fourth quarter. Janney Montgomery Scott LLC now owns 47,842 shares of the transportation company’s stock worth $12,613,000 after acquiring an additional 46,794 shares during the period. Institutional investors own 11.73% of the company’s stock.

Grupo Aeroportuario Del Pacifico Price Performance

Shares of Grupo Aeroportuario Del Pacifico stock opened at $215.20 on Friday. Grupo Aeroportuario Del Pacifico, S.A. de C.V. has a twelve month low of $206.91 and a twelve month high of $300.41. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 0.95. The company has a 50-day simple moving average of $239.04 and a two-hundred day simple moving average of $251.77. The stock has a market capitalization of $10.87 billion, a price-to-earnings ratio of 19.11, a price-to-earnings-growth ratio of 1.45 and a beta of 0.93.

Grupo Aeroportuario Del Pacifico (NYSE:PAC) last announced its earnings results on Tuesday, July 14th. The transportation company reported $2.80 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.10 by ($0.30). Grupo Aeroportuario Del Pacifico had a return on equity of 32.44% and a net margin of 25.36%.The business had revenue of $645.23 million for the quarter, compared to analyst estimates of $732.26 million. Analysts forecast that Grupo Aeroportuario Del Pacifico, S.A. de C.V. will post 11.71 EPS for the current year.

Wall Street Analyst Weigh In

PAC has been the topic of several research reports. Citigroup raised Grupo Aeroportuario Del Pacifico from a “neutral” rating to a “buy” rating in a research report on Monday. Weiss Ratings restated a “hold (c)” rating on shares of Grupo Aeroportuario Del Pacifico in a research note on Wednesday, June 3rd. Three investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, Grupo Aeroportuario Del Pacifico has an average rating of “Moderate Buy”.

About Grupo Aeroportuario Del Pacifico

Grupo Aeroportuario del Pacífico, SAB. de C.V. (NYSE:PAC), commonly known as GAP, is a leading airport operator in Mexico. Established in 1998 as part of the federal government’s airport privatization program, GAP holds long‐term concession agreements—typically 50 years—to manage, develop and operate airports under a public–private partnership model. Through these concessions, the company undertakes terminal expansions, runway maintenance and the modernization of navigation and security systems.

The company’s portfolio comprises 12 airports across Mexico’s Pacific and western regions, including major hubs such as Guadalajara, Tijuana, Los Cabos, Puerto Vallarta and Mazatlán, as well as regional facilities in Aguascalientes, Morelia and La Paz.