Maryland State Retirement & Pension System Sells 2,781 Shares of Grupo Aeroportuario Del Pacifico, S.A. de C.V. $PAC

Maryland State Retirement & Pension System trimmed its holdings in shares of Grupo Aeroportuario Del Pacifico, S.A. de C.V. (NYSE:PAC) by 5.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 46,680 shares of the transportation company’s stock after selling 2,781 shares during the quarter. Maryland State Retirement & Pension System’s holdings in Grupo Aeroportuario Del Pacifico were worth $12,306,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Van ECK Associates Corp grew its stake in Grupo Aeroportuario Del Pacifico by 20.6% during the 3rd quarter. Van ECK Associates Corp now owns 334 shares of the transportation company’s stock worth $79,000 after buying an additional 57 shares during the last quarter. EverSource Wealth Advisors LLC grew its stake in Grupo Aeroportuario Del Pacifico by 65.7% during the 4th quarter. EverSource Wealth Advisors LLC now owns 164 shares of the transportation company’s stock worth $43,000 after buying an additional 65 shares during the last quarter. Harbour Capital Advisors LLC grew its stake in Grupo Aeroportuario Del Pacifico by 2.2% during the 4th quarter. Harbour Capital Advisors LLC now owns 3,692 shares of the transportation company’s stock worth $967,000 after buying an additional 80 shares during the last quarter. Raiffeisen Bank International AG grew its stake in Grupo Aeroportuario Del Pacifico by 13.3% during the 3rd quarter. Raiffeisen Bank International AG now owns 850 shares of the transportation company’s stock worth $207,000 after buying an additional 100 shares during the last quarter. Finally, US Bancorp DE grew its stake in Grupo Aeroportuario Del Pacifico by 19.2% during the 3rd quarter. US Bancorp DE now owns 658 shares of the transportation company’s stock worth $156,000 after buying an additional 106 shares during the last quarter. 11.73% of the stock is currently owned by hedge funds and other institutional investors.

Grupo Aeroportuario Del Pacifico Stock Up 1.1%

Grupo Aeroportuario Del Pacifico stock opened at $250.26 on Wednesday. The company has a debt-to-equity ratio of 1.90, a quick ratio of 1.50 and a current ratio of 1.50. The business’s 50-day simple moving average is $244.40 and its two-hundred day simple moving average is $254.46. The company has a market cap of $12.65 billion, a PE ratio of 22.42, a PEG ratio of 0.90 and a beta of 0.94. Grupo Aeroportuario Del Pacifico, S.A. de C.V. has a fifty-two week low of $206.91 and a fifty-two week high of $300.41.

Grupo Aeroportuario Del Pacifico (NYSE:PAC) last posted its quarterly earnings results on Tuesday, March 31st. The transportation company reported $3.72 earnings per share for the quarter. The business had revenue of $635.54 million for the quarter. Grupo Aeroportuario Del Pacifico had a return on equity of 43.12% and a net margin of 25.04%. Equities analysts anticipate that Grupo Aeroportuario Del Pacifico, S.A. de C.V. will post 12.51 EPS for the current year.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “hold (c)” rating on shares of Grupo Aeroportuario Del Pacifico in a research note on Wednesday, June 3rd. Two research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, Grupo Aeroportuario Del Pacifico has a consensus rating of “Hold”.

Grupo Aeroportuario Del Pacifico Company 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.