Grupo Aeroportr dl Pcfco SAB de CV (NYSE:PAC) Lifted to Neutral at Citigroup

Citigroup upgraded shares of Grupo Aeroportr dl Pcfco SAB de CV (NYSE:PAC) from a sell rating to a neutral rating in a research report sent to investors on Monday, BenzingaRatingsTable reports.

Several other research firms also recently weighed in on PAC. ValuEngine raised shares of Grupo Aeroportr dl Pcfco SAB de CV from a sell rating to a hold rating in a research note on Tuesday, March 3rd. Zacks Investment Research downgraded shares of Grupo Aeroportr dl Pcfco SAB de CV from a strong-buy rating to a hold rating in a research note on Thursday, February 13th. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the company. The stock has an average rating of Hold and an average target price of $103.12.

NYSE PAC traded up $1.01 during mid-day trading on Monday, reaching $50.20. 152,003 shares of the stock were exchanged, compared to its average volume of 106,397. Grupo Aeroportr dl Pcfco SAB de CV has a one year low of $44.28 and a one year high of $135.31. The stock has a 50 day simple moving average of $93.72 and a 200-day simple moving average of $106.47. The stock has a market cap of $3.03 billion, a P/E ratio of 9.96, a P/E/G ratio of 2.18 and a beta of 1.26. The company has a debt-to-equity ratio of 0.79, a current ratio of 2.00 and a quick ratio of 1.71.

Grupo Aeroportr dl Pcfco SAB de CV (NYSE:PAC) last announced its earnings results on Thursday, February 20th. The transportation company reported $1.33 earnings per share for the quarter, missing analysts’ consensus estimates of $1.40 by ($0.07). Grupo Aeroportr dl Pcfco SAB de CV had a return on equity of 26.58% and a net margin of 33.63%. The firm had revenue of $237.84 million for the quarter. Sell-side analysts anticipate that Grupo Aeroportr dl Pcfco SAB de CV will post 4.46 EPS for the current fiscal year.

Hedge funds and other institutional investors have recently modified their holdings of the company. Signaturefd LLC boosted its holdings in Grupo Aeroportr dl Pcfco SAB de CV by 56.6% during the fourth quarter. Signaturefd LLC now owns 260 shares of the transportation company’s stock worth $31,000 after purchasing an additional 94 shares during the last quarter. Citigroup Inc. boosted its holdings in Grupo Aeroportr dl Pcfco SAB de CV by 168.9% during the fourth quarter. Citigroup Inc. now owns 277 shares of the transportation company’s stock worth $33,000 after purchasing an additional 174 shares during the last quarter. Albert D Mason Inc. boosted its holdings in Grupo Aeroportr dl Pcfco SAB de CV by 1.3% during the fourth quarter. Albert D Mason Inc. now owns 20,547 shares of the transportation company’s stock worth $2,437,000 after purchasing an additional 260 shares during the last quarter. Thornburg Investment Management Inc. boosted its holdings in Grupo Aeroportr dl Pcfco SAB de CV by 10.7% during the fourth quarter. Thornburg Investment Management Inc. now owns 2,758 shares of the transportation company’s stock worth $327,000 after purchasing an additional 267 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC purchased a new position in Grupo Aeroportr dl Pcfco SAB de CV during the fourth quarter worth about $35,000. Hedge funds and other institutional investors own 10.04% of the company’s stock.

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

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