Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC – Get Free Report)’s stock price dropped 3.8% on Wednesday . The stock traded as low as $158.18 and last traded at $158.36. Approximately 6,484 shares changed hands during mid-day trading, a decline of 87% from the average daily volume of 51,766 shares. The stock had previously closed at $164.57.
Grupo Aeroportuario del Pacífico Stock Performance
The stock’s 50-day simple moving average is $159.85 and its 200 day simple moving average is $164.01. The company has a market capitalization of $8.12 billion, a PE ratio of 14.69, a P/E/G ratio of 2.54 and a beta of 1.46. The company has a debt-to-equity ratio of 1.56, a quick ratio of 1.13 and a current ratio of 1.13.
Grupo Aeroportuario del Pacífico (NYSE:PAC – Get Free Report) last announced its quarterly earnings results on Monday, July 22nd. The transportation company reported $2.55 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.01 by ($0.46). Grupo Aeroportuario del Pacífico had a return on equity of 47.50% and a net margin of 29.26%. The business had revenue of $421.54 million for the quarter. As a group, research analysts expect that Grupo Aeroportuario del Pacífico, S.A.B. de C.V. will post 9.81 earnings per share for the current fiscal year.
Grupo Aeroportuario del Pacífico Increases Dividend
Institutional Investors Weigh In On Grupo Aeroportuario del Pacífico
Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Naples Global Advisors LLC lifted its stake in Grupo Aeroportuario del Pacífico by 1.3% in the first quarter. Naples Global Advisors LLC now owns 5,447 shares of the transportation company’s stock valued at $889,000 after buying an additional 69 shares during the last quarter. Sei Investments Co. grew its position in Grupo Aeroportuario del Pacífico by 0.6% during the 1st quarter. Sei Investments Co. now owns 12,446 shares of the transportation company’s stock worth $2,031,000 after purchasing an additional 73 shares during the last quarter. EverSource Wealth Advisors LLC increased its stake in Grupo Aeroportuario del Pacífico by 112.3% in the fourth quarter. EverSource Wealth Advisors LLC now owns 276 shares of the transportation company’s stock valued at $48,000 after purchasing an additional 146 shares during the period. Albert D Mason Inc. increased its stake in Grupo Aeroportuario del Pacífico by 1.4% in the first quarter. Albert D Mason Inc. now owns 12,547 shares of the transportation company’s stock valued at $2,047,000 after purchasing an additional 174 shares during the period. Finally, Blue Trust Inc. raised its holdings in shares of Grupo Aeroportuario del Pacífico by 163.0% in the second quarter. Blue Trust Inc. now owns 284 shares of the transportation company’s stock valued at $46,000 after buying an additional 176 shares during the last quarter. 11.73% of the stock is currently owned by institutional investors and hedge funds.
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.
Featured Articles
- Five stocks we like better than Grupo Aeroportuario del Pacífico
- Procter & Gamble (NYSE:PG) Pulls Back After Shaky Guidance
- Target Hits the Mark: Q2 Earnings Exceed Expectations
- 5 discounted opportunities for dividend growth investors
- Is Tesla’s Rebound Just Starting? Why You Should Consider Buying
- What Makes a Stock a Good Dividend Stock?
- Stanley Druckenmiller’s Latest Bet: MELI—Should You Follow Suit?
Receive News & Ratings for Grupo Aeroportuario del Pacífico Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Grupo Aeroportuario del Pacífico and related companies with MarketBeat.com's FREE daily email newsletter.