Scotiabank downgraded shares of Grupo Aeroportr dl Pcfco SAB de CV (NYSE:PAC) from a sector perform rating to a sector underperform rating in a report released on Monday morning, The Fly reports.

PAC has been the topic of several other reports. Zacks Investment Research cut Grupo Aeroportr dl Pcfco SAB de CV from a hold rating to a sell rating in a research report on Saturday, June 13th. Bank of America cut Grupo Aeroportr dl Pcfco SAB de CV from a buy rating to a neutral rating and set a $90.20 price target on the stock. in a research report on Wednesday, June 10th. Finally, TheStreet cut Grupo Aeroportr dl Pcfco SAB de CV from a b+ rating to a c rating in a research report on Friday, June 12th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and three have assigned a buy rating to the company. Grupo Aeroportr dl Pcfco SAB de CV has an average rating of Hold and a consensus target price of $79.40.

NYSE PAC opened at $76.30 on Monday. The company has a market cap of $4.28 billion, a PE ratio of 20.40, a price-to-earnings-growth ratio of 6.71 and a beta of 1.32. Grupo Aeroportr dl Pcfco SAB de CV has a 52 week low of $44.28 and a 52 week high of $135.31. The company has a quick ratio of 2.90, a current ratio of 2.90 and a debt-to-equity ratio of 1.00. The firm’s 50-day simple moving average is $74.66 and its two-hundred day simple moving average is $69.07.

Grupo Aeroportr dl Pcfco SAB de CV (NYSE:PAC) last released its quarterly earnings data on Friday, July 24th. The transportation company reported ($0.45) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.55) by $0.10. Grupo Aeroportr dl Pcfco SAB de CV had a net margin of 27.20% and a return on equity of 19.61%. The business had revenue of $63.74 million for the quarter. As a group, equities research analysts anticipate that Grupo Aeroportr dl Pcfco SAB de CV will post 2.31 EPS for the current year.

Several hedge funds have recently bought and sold shares of PAC. Deutsche Bank AG increased its position in shares of Grupo Aeroportr dl Pcfco SAB de CV by 220.6% in the first quarter. Deutsche Bank AG now owns 458,419 shares of the transportation company’s stock worth $24,727,000 after purchasing an additional 315,450 shares during the last quarter. Schroder Investment Management Group grew its position in Grupo Aeroportr dl Pcfco SAB de CV by 446.1% during the first quarter. Schroder Investment Management Group now owns 254,104 shares of the transportation company’s stock valued at $11,918,000 after acquiring an additional 207,572 shares during the last quarter. U S Global Investors Inc. bought a new position in Grupo Aeroportr dl Pcfco SAB de CV during the second quarter valued at approximately $12,270,000. Manning & Napier Group LLC grew its position in Grupo Aeroportr dl Pcfco SAB de CV by 73.9% during the second quarter. Manning & Napier Group LLC now owns 160,410 shares of the transportation company’s stock valued at $11,519,000 after acquiring an additional 68,160 shares during the last quarter. Finally, Marshall Wace LLP grew its position in Grupo Aeroportr dl Pcfco SAB de CV by 940.6% during the second quarter. Marshall Wace LLP now owns 66,533 shares of the transportation company’s stock valued at $4,778,000 after acquiring an additional 60,139 shares during the last quarter. Institutional investors own 11.36% of the company’s stock.

Grupo Aeroportr dl Pcfco SAB de CV Company Profile

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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Analyst Recommendations for Grupo Aeroportr dl Pcfco SAB de CV (NYSE:PAC)

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