Maryland State Retirement & Pension System Has $9.39 Million Stock Holdings in Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC)

Maryland State Retirement & Pension System boosted its position in Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC) by 5.8% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 53,676 shares of the transportation company’s stock after purchasing an additional 2,936 shares during the period. Maryland State Retirement & Pension System owned about 0.11% of Grupo Aeroportuario del Pacífico worth $9,393,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. State Street Corp lifted its position in shares of Grupo Aeroportuario del Pacífico by 11.0% in the third quarter. State Street Corp now owns 374,595 shares of the transportation company’s stock valued at $65,187,000 after buying an additional 37,005 shares during the last quarter. FMR LLC raised its stake in Grupo Aeroportuario del Pacífico by 1,454.3% in the 3rd quarter. FMR LLC now owns 19,367 shares of the transportation company’s stock valued at $3,370,000 after acquiring an additional 18,121 shares during the period. BNP Paribas Financial Markets lifted its holdings in Grupo Aeroportuario del Pacífico by 16.7% during the 3rd quarter. BNP Paribas Financial Markets now owns 21,206 shares of the transportation company’s stock valued at $3,690,000 after purchasing an additional 3,032 shares during the last quarter. National Bank of Canada FI boosted its position in Grupo Aeroportuario del Pacífico by 7,927.9% during the third quarter. National Bank of Canada FI now owns 48,970 shares of the transportation company’s stock worth $8,521,000 after purchasing an additional 48,360 shares during the period. Finally, Northcape Capital Pty Ltd increased its holdings in shares of Grupo Aeroportuario del Pacífico by 4.5% in the fourth quarter. Northcape Capital Pty Ltd now owns 171,841 shares of the transportation company’s stock valued at $30,070,000 after purchasing an additional 7,473 shares during the last quarter. Institutional investors own 11.73% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on PAC shares. Jefferies Financial Group upgraded shares of Grupo Aeroportuario del Pacífico from an “underperform” rating to a “hold” rating and raised their target price for the stock from $140.00 to $210.00 in a research note on Wednesday, February 12th. UBS Group upgraded Grupo Aeroportuario del Pacífico from a “neutral” rating to a “buy” rating in a report on Tuesday, November 26th. Bank of America downgraded Grupo Aeroportuario del Pacífico from a “buy” rating to a “neutral” rating in a research report on Tuesday, March 4th. Finally, Barclays reissued an “equal weight” rating on shares of Grupo Aeroportuario del Pacífico in a report on Tuesday, January 21st. One research analyst has rated the stock with a sell rating, four have assigned a hold rating, two have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $200.00.

Grupo Aeroportuario del Pacífico Price Performance

Shares of NYSE PAC opened at $190.60 on Wednesday. The company has a debt-to-equity ratio of 2.08, a current ratio of 1.50 and a quick ratio of 1.50. Grupo Aeroportuario del Pacífico, S.A.B. de C.V. has a fifty-two week low of $144.36 and a fifty-two week high of $205.35. The stock has a market capitalization of $9.63 billion, a PE ratio of 18.95, a P/E/G ratio of 1.28 and a beta of 1.46. The business has a fifty day moving average price of $190.27 and a two-hundred day moving average price of $183.13.

About Grupo Aeroportuario del Pacífico

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.