Virtus ETF Advisers LLC acquired a new position in Grupo Aeroportr dl Pcfco SAB de CV (NYSE:PAC) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 28,578 shares of the transportation company’s stock, valued at approximately $2,981,000.

Other institutional investors also recently added to or reduced their stakes in the company. AGF Investments LLC purchased a new stake in Grupo Aeroportr dl Pcfco SAB de CV in the 2nd quarter worth approximately $25,000. Shine Investment Advisory Services Inc. purchased a new stake in Grupo Aeroportr dl Pcfco SAB de CV in the 2nd quarter worth approximately $29,000. Quantamental Technologies LLC boosted its position in Grupo Aeroportr dl Pcfco SAB de CV by 100.0% in the 2nd quarter. Quantamental Technologies LLC now owns 540 shares of the transportation company’s stock worth $56,000 after purchasing an additional 270 shares in the last quarter. Marshall Wace LLP purchased a new stake in Grupo Aeroportr dl Pcfco SAB de CV in the 1st quarter worth approximately $65,000. Finally, Financial Gravity Wealth Inc. boosted its position in Grupo Aeroportr dl Pcfco SAB de CV by 440.7% in the 2nd quarter. Financial Gravity Wealth Inc. now owns 638 shares of the transportation company’s stock worth $67,000 after purchasing an additional 520 shares in the last quarter. Institutional investors and hedge funds own 9.40% of the company’s stock.

NYSE PAC traded up $0.06 during mid-day trading on Thursday, hitting $95.46. The stock had a trading volume of 80,308 shares, compared to its average volume of 61,642. The firm’s 50 day moving average is $94.81 and its 200 day moving average is $98.22. Grupo Aeroportr dl Pcfco SAB de CV has a twelve month low of $64.45 and a twelve month high of $111.27. The company has a debt-to-equity ratio of 0.90, a current ratio of 1.42 and a quick ratio of 1.42. The stock has a market capitalization of $5.35 billion, a price-to-earnings ratio of 20.12, a PEG ratio of 4.12 and a beta of 0.48.

Grupo Aeroportr dl Pcfco SAB de CV (NYSE:PAC) last posted its quarterly earnings data on Thursday, July 25th. The transportation company reported $1.18 EPS for the quarter. Grupo Aeroportr dl Pcfco SAB de CV had a return on equity of 24.65% and a net margin of 35.50%. The firm had revenue of $191.36 million during the quarter. As a group, equities research analysts expect that Grupo Aeroportr dl Pcfco SAB de CV will post 5.01 earnings per share for the current year.

The company also recently disclosed a dividend, which was paid on Monday, September 9th. Investors of record on Tuesday, September 3rd were paid a $1.921 dividend. This is an increase from Grupo Aeroportr dl Pcfco SAB de CV’s previous dividend of $0.91. The ex-dividend date of this dividend was Friday, August 30th. Grupo Aeroportr dl Pcfco SAB de CV’s dividend payout ratio is currently 75.47%.

Several research analysts have recently weighed in on the company. UBS Group downgraded Grupo Aeroportr dl Pcfco SAB de CV from a “neutral” rating to a “sell” rating and set a $108.36 target price for the company. in a research note on Thursday, June 27th. JPMorgan Chase & Co. downgraded Grupo Aeroportr dl Pcfco SAB de CV from a “neutral” rating to an “underweight” rating in a research note on Tuesday, August 6th. Zacks Investment Research downgraded Grupo Aeroportr dl Pcfco SAB de CV from a “buy” rating to a “hold” rating in a research note on Tuesday, July 30th. Finally, Itau BBA Securities raised Grupo Aeroportr dl Pcfco SAB de CV from a “market perform” rating to an “outperform” rating in a research note on Thursday, May 23rd. Four research analysts have rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the company. Grupo Aeroportr dl Pcfco SAB de CV presently has a consensus rating of “Hold” and an average price target of $113.68.

About Grupo Aeroportr dl Pcfco SAB de CV

Grupo Aeroportuario del Pacífico, 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 (Bajío), Hermosillo, Mexicali, Los Mochis, La Paz, Manzanillo, Morelia, and Aguascalientes, as well as 1 international airport in Jamaica.

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Institutional Ownership by Quarter for Grupo Aeroportr dl Pcfco SAB de CV (NYSE:PAC)

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