Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC) Shares Bought by Outlook Wealth Advisors LLC

Outlook Wealth Advisors LLC lifted its stake in shares of Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC) by 9.6% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 2,136 shares of the transportation company’s stock after purchasing an additional 187 shares during the quarter. Outlook Wealth Advisors LLC’s holdings in Grupo Aeroportuario del Pacífico were worth $372,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Albert D Mason Inc. increased its position in shares of Grupo Aeroportuario del Pacífico by 0.5% in the third quarter. Albert D Mason Inc. now owns 12,645 shares of the transportation company’s stock valued at $2,200,000 after buying an additional 63 shares in the last quarter. Signaturefd LLC raised its position in Grupo Aeroportuario del Pacífico by 34.0% during the third quarter. Signaturefd LLC now owns 252 shares of the transportation company’s stock worth $44,000 after acquiring an additional 64 shares during the last quarter. Sei Investments Co. lifted its holdings in shares of Grupo Aeroportuario del Pacífico by 0.6% in the first quarter. Sei Investments Co. now owns 12,446 shares of the transportation company’s stock valued at $2,031,000 after purchasing an additional 73 shares in the last quarter. Blue Trust Inc. grew its position in shares of Grupo Aeroportuario del Pacífico by 37.3% in the third quarter. Blue Trust Inc. now owns 390 shares of the transportation company’s stock valued at $68,000 after purchasing an additional 106 shares during the last quarter. Finally, Eagle Ridge Investment Management increased its stake in shares of Grupo Aeroportuario del Pacífico by 0.9% during the 2nd quarter. Eagle Ridge Investment Management now owns 70,794 shares of the transportation company’s stock worth $11,028,000 after purchasing an additional 651 shares in the last quarter. Hedge funds and other institutional investors own 11.73% of the company’s stock.

Grupo Aeroportuario del Pacífico Stock Up 0.6 %

Shares of NYSE:PAC opened at $172.47 on Friday. The company has a market cap of $8.71 billion, a P/E ratio of 15.40, a P/E/G ratio of 1.52 and a beta of 1.46. The business has a fifty day simple moving average of $173.27 and a 200-day simple moving average of $170.18. Grupo Aeroportuario del Pacífico, S.A.B. de C.V. has a 52 week low of $107.25 and a 52 week high of $197.31.

Analysts Set New Price Targets

A number of research firms recently issued reports on PAC. Bank of America raised Grupo Aeroportuario del Pacífico from a “neutral” rating to a “buy” rating in a research note on Wednesday, August 28th. The Goldman Sachs Group upped their price objective on Grupo Aeroportuario del Pacífico from $177.00 to $205.00 and gave the company a “buy” rating in a research report on Friday, August 30th. Scotiabank cut Grupo Aeroportuario del Pacífico from a “sector outperform” rating to a “sector perform” rating and dropped their price objective for the stock from $224.00 to $185.00 in a research report on Wednesday, September 25th. JPMorgan Chase & Co. restated an “underweight” rating on shares of Grupo Aeroportuario del Pacífico in a report on Thursday, September 5th. Finally, Citigroup upgraded shares of Grupo Aeroportuario del Pacífico to a “strong-buy” rating in a report on Wednesday, August 28th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, two have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, Grupo Aeroportuario del Pacífico presently has a consensus rating of “Moderate Buy” and an average target price of $195.00.

Grupo Aeroportuario del Pacífico Company Profile

Grupo Aeroportuario del Pacífico, SAB. de C.V., together with its subsidiaries, holds concessions to develop, operate, and manage airports in Mexico and Jamaica. The company operates twelve international airports in Guadalajara and Tijuana areas, Mexico; and two international airports in Montego Bay, Jamaica.