Grupo Aeroportuario del Pacífico (NYSE:PAC – Get Free Report) posted its earnings results on Monday. The transportation company reported $2.08 EPS for the quarter, missing the consensus estimate of $2.50 by ($0.42), reports. The firm had revenue of $435.43 million during the quarter. Grupo Aeroportuario del Pacífico had a return on equity of 42.92% and a net margin of 27.04%.
Grupo Aeroportuario del Pacífico Trading Down 0.0 %
Shares of NYSE PAC traded down $0.01 during midday trading on Thursday, reaching $171.50. The company’s stock had a trading volume of 72,046 shares, compared to its average volume of 94,674. The company has a market cap of $8.67 billion, a price-to-earnings ratio of 17.05, a price-to-earnings-growth ratio of 1.52 and a beta of 1.46. Grupo Aeroportuario del Pacífico has a one year low of $107.25 and a one year high of $197.31. The company has a 50 day moving average price of $173.03 and a 200 day moving average price of $170.15.
Institutional Inflows and Outflows
Several hedge funds have recently added to or reduced their stakes in the business. Lazard Asset Management LLC grew its holdings in shares of Grupo Aeroportuario del Pacífico by 141.5% in the 1st quarter. Lazard Asset Management LLC now owns 481,256 shares of the transportation company’s stock worth $78,526,000 after acquiring an additional 281,966 shares during the last quarter. 1832 Asset Management L.P. purchased a new stake in Grupo Aeroportuario del Pacífico during the second quarter valued at about $13,976,000. Northcape Capital Pty Ltd boosted its holdings in shares of Grupo Aeroportuario del Pacífico by 67.9% in the first quarter. Northcape Capital Pty Ltd now owns 162,439 shares of the transportation company’s stock worth $26,505,000 after buying an additional 65,681 shares during the period. Healthcare of Ontario Pension Plan Trust Fund purchased a new position in shares of Grupo Aeroportuario del Pacífico in the first quarter worth approximately $2,676,000. Finally, Quadrature Capital Ltd acquired a new stake in shares of Grupo Aeroportuario del Pacífico during the first quarter valued at approximately $1,485,000. Institutional investors and hedge funds own 11.73% of the company’s stock.
Wall Street Analysts Forecast Growth
Check Out Our Latest Analysis on PAC
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.
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