Grupo Aeroportuario del Pacífico (NYSE:PAC) Upgraded at Jefferies Financial Group

Jefferies Financial Group upgraded shares of Grupo Aeroportuario del Pacífico (NYSE:PAC) from an underperform rating to a hold rating in a research report sent to investors on Wednesday morning, MarketBeat.com reports. Jefferies Financial Group currently has $210.00 price objective on the transportation company’s stock, up from their previous price objective of $140.00.

A number of other equities analysts have also weighed in on the company. UBS Group upgraded Grupo Aeroportuario del Pacífico from a “neutral” rating to a “buy” rating in a research report on Tuesday, November 26th. Barclays reiterated an “equal weight” rating on shares of Grupo Aeroportuario del Pacífico in a research report on Tuesday, January 21st. One research analyst has rated the stock with a sell rating, three have given a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, Grupo Aeroportuario del Pacífico presently has a consensus rating of “Moderate Buy” and a consensus price target of $200.00.

Grupo Aeroportuario del Pacífico Trading Up 4.2 %

Shares of PAC stock opened at $203.20 on Wednesday. The stock has a 50-day simple moving average of $186.83 and a 200 day simple moving average of $177.66. Grupo Aeroportuario del Pacífico has a fifty-two week low of $139.64 and a fifty-two week high of $204.37. The stock has a market capitalization of $10.27 billion, a P/E ratio of 20.20, a P/E/G ratio of 1.23 and a beta of 1.47. The company has a quick ratio of 1.50, a current ratio of 1.50 and a debt-to-equity ratio of 2.08.

Institutional Investors Weigh In On Grupo Aeroportuario del Pacífico

A number of institutional investors have recently bought and sold shares of the business. Blue Trust Inc. boosted its position in Grupo Aeroportuario del Pacífico by 13.6% during the 4th quarter. Blue Trust Inc. now owns 443 shares of the transportation company’s stock worth $78,000 after acquiring an additional 53 shares during the period. Albert D Mason Inc. boosted its position in Grupo Aeroportuario del Pacífico by 0.5% during the 3rd quarter. Albert D Mason Inc. now owns 12,645 shares of the transportation company’s stock worth $2,200,000 after acquiring an additional 63 shares during the period. Signaturefd LLC boosted its position in Grupo Aeroportuario del Pacífico by 34.0% during the 3rd quarter. Signaturefd LLC now owns 252 shares of the transportation company’s stock worth $44,000 after acquiring an additional 64 shares during the period. US Bancorp DE boosted its position in Grupo Aeroportuario del Pacífico by 24.4% during the 3rd quarter. US Bancorp DE now owns 448 shares of the transportation company’s stock worth $78,000 after acquiring an additional 88 shares during the period. Finally, Financial Advocates Investment Management raised its stake in shares of Grupo Aeroportuario del Pacífico by 3.7% during the 4th quarter. Financial Advocates Investment Management now owns 2,487 shares of the transportation company’s stock worth $435,000 after purchasing an additional 88 shares in the last quarter. 11.73% of the stock is currently owned by institutional investors and hedge funds.

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.