SG Americas Securities LLC Cuts Stock Holdings in Grupo Aeroportuario Del Pacifico, S.A. de C.V. $PAC

SG Americas Securities LLC lessened its holdings in Grupo Aeroportuario Del Pacifico, S.A. de C.V. (NYSE:PAC) by 68.7% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 829 shares of the transportation company’s stock after selling 1,822 shares during the period. SG Americas Securities LLC’s holdings in Grupo Aeroportuario Del Pacifico were worth $197,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Allworth Financial LP raised its stake in Grupo Aeroportuario Del Pacifico by 48.1% in the second quarter. Allworth Financial LP now owns 154 shares of the transportation company’s stock worth $35,000 after buying an additional 50 shares in the last quarter. CWM LLC raised its position in shares of Grupo Aeroportuario Del Pacifico by 41.5% in the 2nd quarter. CWM LLC now owns 174 shares of the transportation company’s stock worth $40,000 after acquiring an additional 51 shares in the last quarter. Hantz Financial Services Inc. lifted its stake in shares of Grupo Aeroportuario Del Pacifico by 680.0% during the 2nd quarter. Hantz Financial Services Inc. now owns 195 shares of the transportation company’s stock worth $45,000 after purchasing an additional 170 shares during the last quarter. Mather Group LLC. purchased a new stake in shares of Grupo Aeroportuario Del Pacifico during the 3rd quarter worth $114,000. Finally, Tower Research Capital LLC TRC boosted its position in Grupo Aeroportuario Del Pacifico by 27,350.0% during the second quarter. Tower Research Capital LLC TRC now owns 549 shares of the transportation company’s stock valued at $126,000 after purchasing an additional 547 shares in the last quarter. 11.73% of the stock is currently owned by institutional investors.

Grupo Aeroportuario Del Pacifico Stock Down 1.0%

NYSE:PAC opened at $280.68 on Thursday. The company has a current ratio of 2.01, a quick ratio of 2.01 and a debt-to-equity ratio of 2.21. Grupo Aeroportuario Del Pacifico, S.A. de C.V. has a twelve month low of $168.62 and a twelve month high of $287.15. The company has a market cap of $14.33 billion, a PE ratio of 26.94, a P/E/G ratio of 2.12 and a beta of 1.02. The company’s 50 day moving average is $257.36 and its two-hundred day moving average is $241.41.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on PAC shares. Citigroup reiterated a “neutral” rating on shares of Grupo Aeroportuario Del Pacifico in a report on Thursday, January 15th. Weiss Ratings reiterated a “hold (c)” rating on shares of Grupo Aeroportuario Del Pacifico in a research note on Thursday, January 22nd. Scotiabank restated a “sector perform” rating on shares of Grupo Aeroportuario Del Pacifico in a research note on Thursday, December 4th. JPMorgan Chase & Co. raised shares of Grupo Aeroportuario Del Pacifico from a “neutral” rating to an “overweight” rating in a report on Friday, November 14th. Finally, Zacks Research lowered Grupo Aeroportuario Del Pacifico from a “hold” rating to a “strong sell” rating in a report on Tuesday, January 6th. Two equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Grupo Aeroportuario Del Pacifico presently has a consensus rating of “Hold” and an average target price of $210.00.

Grupo Aeroportuario Del Pacifico Profile

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.