Advisors Asset Management Inc. Has $269,000 Position in Grupo Aeroportr dl Pcfco SAB de CV (PAC)

Advisors Asset Management Inc. boosted its position in shares of Grupo Aeroportr dl Pcfco SAB de CV (NYSE:PAC) by 572.2% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 19,562 shares of the transportation company’s stock after purchasing an additional 16,652 shares during the period. Advisors Asset Management Inc.’s holdings in Grupo Aeroportr dl Pcfco SAB de CV were worth $269,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of PAC. Laurel Wealth Advisors Inc. purchased a new stake in Grupo Aeroportr dl Pcfco SAB de CV in the 1st quarter valued at about $218,000. UBS Group AG boosted its position in Grupo Aeroportr dl Pcfco SAB de CV by 113.4% in the 1st quarter. UBS Group AG now owns 3,176 shares of the transportation company’s stock valued at $316,000 after buying an additional 1,688 shares during the period. Cozad Asset Management Inc. purchased a new stake in Grupo Aeroportr dl Pcfco SAB de CV in the 2nd quarter valued at about $390,000. Wells Fargo & Company MN boosted its position in Grupo Aeroportr dl Pcfco SAB de CV by 19.3% in the 1st quarter. Wells Fargo & Company MN now owns 4,836 shares of the transportation company’s stock valued at $482,000 after buying an additional 783 shares during the period. Finally, Banco de Sabadell S.A purchased a new stake in Grupo Aeroportr dl Pcfco SAB de CV in the 1st quarter valued at about $484,000. Institutional investors own 7.28% of the company’s stock.

Several research firms have issued reports on PAC. Bank of America began coverage on shares of Grupo Aeroportr dl Pcfco SAB de CV in a research report on Tuesday, August 28th. They issued a “neutral” rating and a $106.00 price objective for the company. ValuEngine raised shares of Grupo Aeroportr dl Pcfco SAB de CV from a “sell” rating to a “hold” rating in a research report on Friday, July 6th. Finally, Zacks Investment Research raised shares of Grupo Aeroportr dl Pcfco SAB de CV from a “sell” rating to a “hold” rating in a research report on Saturday, October 6th. Four research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $159.00.

Shares of PAC opened at $101.23 on Friday. Grupo Aeroportr dl Pcfco SAB de CV has a fifty-two week low of $82.19 and a fifty-two week high of $111.60. The company has a market capitalization of $6.13 billion, a PE ratio of 24.45, a price-to-earnings-growth ratio of 4.09 and a beta of 0.33. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.68 and a quick ratio of 1.68.

Grupo Aeroportr dl Pcfco SAB de CV (NYSE:PAC) last announced its quarterly earnings results on Thursday, July 26th. The transportation company reported $1.10 earnings per share for the quarter. Grupo Aeroportr dl Pcfco SAB de CV had a net margin of 38.09% and a return on equity of 22.92%. The firm had revenue of $178.04 million during the quarter. As a group, equities analysts expect that Grupo Aeroportr dl Pcfco SAB de CV will post 4.53 EPS for the current year.

About Grupo Aeroportr dl Pcfco SAB de CV

Grupo Aeroportuario del Pacífico, SAB. de C.V. operates airports primarily in Mexico's Pacific region. It has 12 airports in Guadalajara, Puerto Vallarta, Tijuana, San Jose del Cabo, Guanajuato (Bajío), Hermosillo, Mexicali, Los Mochis, La Paz, Manzanillo, Morelia, and Aguascalientes, as well as 1 international airport in Jamaica.

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Institutional Ownership by Quarter for Grupo Aeroportr dl Pcfco SAB de CV (NYSE:PAC)

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