Marshall Wace LLP Sells 2,421 Shares of Grupo Aeroportuario Del Pacifico, S.A. de C.V. $PAC

Marshall Wace LLP cut its stake in shares of Grupo Aeroportuario Del Pacifico, S.A. de C.V. (NYSE:PAC) by 4.5% in the 2nd quarter, HoldingsChannel reports. The fund owned 51,762 shares of the transportation company’s stock after selling 2,421 shares during the quarter. Marshall Wace LLP’s holdings in Grupo Aeroportuario Del Pacifico were worth $11,886,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently made changes to their positions in the company. Guggenheim Capital LLC increased its stake in shares of Grupo Aeroportuario Del Pacifico by 18.9% during the second quarter. Guggenheim Capital LLC now owns 3,078 shares of the transportation company’s stock worth $707,000 after purchasing an additional 489 shares during the period. CW Advisors LLC bought a new stake in Grupo Aeroportuario Del Pacifico in the 2nd quarter valued at $327,000. Arrowstreet Capital Limited Partnership grew its holdings in Grupo Aeroportuario Del Pacifico by 28.2% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 84,831 shares of the transportation company’s stock valued at $19,479,000 after buying an additional 18,666 shares in the last quarter. Mackenzie Financial Corp increased its position in Grupo Aeroportuario Del Pacifico by 18.9% during the 2nd quarter. Mackenzie Financial Corp now owns 37,407 shares of the transportation company’s stock worth $8,589,000 after buying an additional 5,955 shares during the period. Finally, Quadrature Capital Ltd acquired a new stake in shares of Grupo Aeroportuario Del Pacifico during the second quarter worth $1,387,000. Institutional investors own 11.73% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently commented on PAC shares. Citigroup restated a “hold” rating on shares of Grupo Aeroportuario Del Pacifico in a research note on Wednesday, September 10th. Scotiabank reissued a “sector perform” rating on shares of Grupo Aeroportuario Del Pacifico in a report on Thursday, December 4th. JPMorgan Chase & Co. raised shares of Grupo Aeroportuario Del Pacifico from a “neutral” rating to an “overweight” rating in a report on Friday, November 14th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Grupo Aeroportuario Del Pacifico in a research note on Wednesday, October 8th. One equities research analyst has rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $210.00.

Grupo Aeroportuario Del Pacifico Trading Up 1.1%

PAC opened at $242.87 on Thursday. The company has a market cap of $12.27 billion, a P/E ratio of 23.31, a PEG ratio of 3.08 and a beta of 1.04. 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 company’s 50 day moving average is $223.69 and its 200-day moving average is $232.09. Grupo Aeroportuario Del Pacifico, S.A. de C.V. has a 1-year low of $168.62 and a 1-year high of $259.33.

Grupo Aeroportuario Del Pacifico (NYSE:PAC) last released its quarterly earnings data on Tuesday, October 21st. The transportation company reported $2.86 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.96 by ($0.10). Grupo Aeroportuario Del Pacifico had a return on equity of 42.07% and a net margin of 25.27%.The company had revenue of $522.83 million for the quarter, compared to analyst estimates of $11.04 billion. Equities research analysts predict that Grupo Aeroportuario Del Pacifico, S.A. de C.V. will post 10 earnings per share for the current fiscal year.

Grupo Aeroportuario Del Pacifico 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.