Grupo Aeroportr dl Pcfco SAB de CV (PAC) Upgraded by UBS Group to Outperform

UBS Group upgraded shares of Grupo Aeroportr dl Pcfco SAB de CV (NYSE:PAC) from a market perform rating to an outperform rating in a research note released on Wednesday morning, thefly.com reports.

A number of other equities analysts also recently issued reports on the company. Morgan Stanley raised Grupo Aeroportr dl Pcfco SAB de CV from an underweight rating to an equal weight rating in a research report on Tuesday, February 20th. Zacks Investment Research raised Grupo Aeroportr dl Pcfco SAB de CV from a hold rating to a buy rating and set a $107.00 price target on the stock in a research report on Tuesday, March 6th. Finally, ValuEngine downgraded Grupo Aeroportr dl Pcfco SAB de CV from a hold rating to a sell rating in a research report on Saturday, June 2nd. One analyst has rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the company’s stock. Grupo Aeroportr dl Pcfco SAB de CV presently has an average rating of Hold and a consensus target price of $114.00.

Get Grupo Aeroportr dl Pcfco SAB de CV alerts:

Shares of Grupo Aeroportr dl Pcfco SAB de CV opened at $89.13 on Wednesday, Marketbeat.com reports. The firm has a market cap of $4.89 billion, a PE ratio of 21.79, a price-to-earnings-growth ratio of 4.02 and a beta of 0.36. The company has a debt-to-equity ratio of 0.64, a quick ratio of 4.35 and a current ratio of 4.35. Grupo Aeroportr dl Pcfco SAB de CV has a 12-month low of $82.19 and a 12-month high of $119.87.

The company also recently announced a semiannual dividend, which was paid on Monday, May 21st. Investors of record on Monday, May 14th were given a $1.2451 dividend. This represents a dividend yield of 2.68%. The ex-dividend date was Friday, May 11th. Grupo Aeroportr dl Pcfco SAB de CV’s payout ratio is 97.56%.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Castleark Management LLC acquired a new position in shares of Grupo Aeroportr dl Pcfco SAB de CV in the 4th quarter valued at $216,000. Laurel Wealth Advisors Inc. acquired a new position in shares of Grupo Aeroportr dl Pcfco SAB de CV in the 1st quarter valued at $218,000. Citadel Advisors LLC acquired a new position in shares of Grupo Aeroportr dl Pcfco SAB de CV in the 4th quarter valued at $232,000. Ellington Management Group LLC acquired a new position in shares of Grupo Aeroportr dl Pcfco SAB de CV in the 4th quarter valued at $236,000. Finally, Quadrature Capital Ltd acquired a new position in shares of Grupo Aeroportr dl Pcfco SAB de CV in the 4th quarter valued at $269,000. 7.35% of the stock is currently owned by hedge funds and other institutional investors.

About Grupo Aeroportr dl Pcfco SAB de CV

Grupo Aeroportuario del Pac铆fico, SAB. de C.V. operates airports primarily in Mexico's Pacific region. It has 12 airports in Guadalajara, Puerto Vallarta, Tijuana, San Jose del Cabo, Guanajuato (Baj铆o), Hermosillo, Mexicali, Los Mochis, La Paz, Manzanillo, Morelia, and Aguascalientes, as well as 1 international airport in Jamaica.

Leave a Reply

Your email address will not be published. Required fields are marked *