Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (PAC) To Go Ex-Dividend on November 25th

Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC) announced a quarterly dividend on Thursday, November 14th,Wall Street Journal reports. Shareholders of record on Monday, November 25th will be given a dividend of 3.7626 per share by the transportation company on Friday, December 6th. This represents a $15.05 annualized dividend and a yield of 8.03%. The ex-dividend date of this dividend is Monday, November 25th.

Grupo Aeroportuario del Pacífico Price Performance

NYSE PAC opened at $187.47 on Friday. The stock’s 50-day moving average price is $177.04 and its two-hundred day moving average price is $171.22. The company has a current ratio of 1.50, a quick ratio of 1.50 and a debt-to-equity ratio of 2.08. The company has a market cap of $9.47 billion, a PE ratio of 18.64, a PEG ratio of 1.63 and a beta of 1.46. Grupo Aeroportuario del Pacífico has a 1 year low of $139.64 and a 1 year high of $197.31.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the company. Bank of America raised Grupo Aeroportuario del Pacífico from a “neutral” rating to a “buy” rating in a research note on Wednesday, August 28th. The Goldman Sachs Group upped their target price on Grupo Aeroportuario del Pacífico from $177.00 to $205.00 and gave the stock a “buy” rating in a research report on Friday, August 30th. Scotiabank cut Grupo Aeroportuario del Pacífico from a “sector outperform” rating to a “sector perform” rating and decreased their target price for the stock from $224.00 to $185.00 in a research report on Wednesday, September 25th. Citigroup raised Grupo Aeroportuario del Pacífico to a “strong-buy” rating in a research report on Wednesday, August 28th. Finally, JPMorgan Chase & Co. reaffirmed an “underweight” rating on shares of Grupo Aeroportuario del Pacífico in a research report on Thursday, September 5th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat, Grupo Aeroportuario del Pacífico presently has an average rating of “Moderate Buy” and an average price target of $195.00.

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.