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

Militia Capital Management LLC acquired a new stake in Grupo Aeroportuario Del Pacifico, S.A. de C.V. (NYSE:PAC) in the first quarter, HoldingsChannel reports. The firm acquired 3,400 shares of the transportation company’s stock, valued at approximately $839,000.

A number of other large investors have also added to or reduced their stakes in the business. NewEdge Advisors LLC grew its holdings in Grupo Aeroportuario Del Pacifico by 12.4% during the 1st quarter. NewEdge Advisors LLC now owns 1,222 shares of the transportation company’s stock worth $302,000 after acquiring an additional 135 shares during the last quarter. Bank of America Corp DE increased its position in Grupo Aeroportuario Del Pacifico by 185.0% in the 1st quarter. Bank of America Corp DE now owns 83,866 shares of the transportation company’s stock valued at $20,704,000 after acquiring an additional 54,439 shares during the period. EverSource Wealth Advisors LLC lifted its holdings in shares of Grupo Aeroportuario Del Pacifico by 50.6% during the first quarter. EverSource Wealth Advisors LLC now owns 247 shares of the transportation company’s stock worth $61,000 after purchasing an additional 83 shares during the period. Empowered Funds LLC grew its stake in shares of Grupo Aeroportuario Del Pacifico by 148.1% in the first quarter. Empowered Funds LLC now owns 74,607 shares of the transportation company’s stock worth $18,418,000 after purchasing an additional 44,531 shares during the last quarter. Finally, Quantinno Capital Management LP grew its stake in shares of Grupo Aeroportuario Del Pacifico by 44.8% in the first quarter. Quantinno Capital Management LP now owns 7,062 shares of the transportation company’s stock worth $1,743,000 after purchasing an additional 2,184 shares during the last quarter. Institutional investors own 11.73% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on PAC. Citigroup upgraded Grupo Aeroportuario Del Pacifico from a “neutral” rating to a “buy” rating in a report on Monday, July 20th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Grupo Aeroportuario Del Pacifico in a report on Wednesday, June 3rd. Three analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Grupo Aeroportuario Del Pacifico currently has an average rating of “Moderate Buy”.

Grupo Aeroportuario Del Pacifico Stock Performance

Shares of Grupo Aeroportuario Del Pacifico stock opened at $217.01 on Monday. The business has a 50-day moving average price of $235.84 and a two-hundred day moving average price of $249.65. Grupo Aeroportuario Del Pacifico, S.A. de C.V. has a 1-year low of $206.91 and a 1-year high of $300.41. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 0.95. The company has a market cap of $10.97 billion, a P/E ratio of 19.27, a PEG ratio of 1.55 and a beta of 0.93.

Grupo Aeroportuario Del Pacifico (NYSE:PAC) last announced its quarterly earnings data 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 net margin of 25.36% and a return on equity of 32.44%. The business had revenue of $645.23 million during the quarter, compared to analyst estimates of $732.26 million. As a group, analysts anticipate that Grupo Aeroportuario Del Pacifico, S.A. de C.V. will post 11 EPS for the current year.

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.