Grupo Aeroportuario Del Pacifico, S.A. de C.V. $PAC Shares Sold by IQ EQ FUND MANAGEMENT IRELAND Ltd

IQ EQ FUND MANAGEMENT IRELAND Ltd lessened its stake in shares of Grupo Aeroportuario Del Pacifico, S.A. de C.V. (NYSE:PAC) by 52.7% in the third quarter, according to its most recent filing with the SEC. The fund owned 3,905 shares of the transportation company’s stock after selling 4,352 shares during the period. IQ EQ FUND MANAGEMENT IRELAND Ltd’s holdings in Grupo Aeroportuario Del Pacifico were worth $926,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of PAC. American Century Companies Inc. raised its position in shares of Grupo Aeroportuario Del Pacifico by 192.5% during the second quarter. American Century Companies Inc. now owns 143,018 shares of the transportation company’s stock worth $32,840,000 after purchasing an additional 94,115 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC acquired a new stake in Grupo Aeroportuario Del Pacifico during the 1st quarter worth about $16,136,000. Lazard Asset Management LLC raised its holdings in Grupo Aeroportuario Del Pacifico by 7.6% during the 2nd quarter. Lazard Asset Management LLC now owns 835,369 shares of the transportation company’s stock worth $191,816,000 after buying an additional 59,351 shares during the period. Qube Research & Technologies Ltd lifted its stake in Grupo Aeroportuario Del Pacifico by 232.0% during the second quarter. Qube Research & Technologies Ltd now owns 37,348 shares of the transportation company’s stock valued at $8,576,000 after buying an additional 26,099 shares in the last quarter. Finally, Bank of America Corp DE boosted its holdings in shares of Grupo Aeroportuario Del Pacifico by 58.7% in the second quarter. Bank of America Corp DE now owns 57,837 shares of the transportation company’s stock worth $13,281,000 after buying an additional 21,399 shares during the period. 11.73% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on PAC shares. JPMorgan Chase & Co. upgraded shares of Grupo Aeroportuario Del Pacifico from a “neutral” rating to an “overweight” rating in a research report on Friday, November 14th. Bank of America upgraded Grupo Aeroportuario Del Pacifico from an “underperform” rating to a “buy” rating in a report on Thursday, December 11th. Weiss Ratings reiterated a “hold (c)” rating on shares of Grupo Aeroportuario Del Pacifico in a report on Thursday, January 22nd. Zacks Research lowered Grupo Aeroportuario Del Pacifico from a “hold” rating to a “strong sell” rating in a research report on Tuesday, January 6th. Finally, Citigroup restated a “neutral” rating on shares of Grupo Aeroportuario Del Pacifico in a research report on Thursday, January 15th. Two research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Grupo Aeroportuario Del Pacifico has an average rating of “Hold” and a consensus price target of $210.00.

Grupo Aeroportuario Del Pacifico Trading Up 3.9%

PAC opened at $287.09 on Friday. Grupo Aeroportuario Del Pacifico, S.A. de C.V. has a 52-week low of $168.62 and a 52-week high of $287.51. The company has a current ratio of 2.01, a quick ratio of 2.01 and a debt-to-equity ratio of 2.21. The stock has a 50-day moving average of $263.80 and a 200-day moving average of $243.75.

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.