Quadrature Capital Ltd Takes $1.49 Million Position in Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC)

Quadrature Capital Ltd bought a new position in Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC) during the 1st quarter, Holdings Channel reports. The firm bought 9,101 shares of the transportation company’s stock, valued at approximately $1,485,000.

A number of other large investors have also bought and sold shares of the business. Pitcairn Co. acquired a new position in Grupo Aeroportuario del Pacífico during the 1st quarter worth about $414,000. Healthcare of Ontario Pension Plan Trust Fund acquired a new position in shares of Grupo Aeroportuario del Pacífico during the first quarter worth approximately $2,676,000. CANADA LIFE ASSURANCE Co lifted its position in shares of Grupo Aeroportuario del Pacífico by 8.2% during the first quarter. CANADA LIFE ASSURANCE Co now owns 31,464 shares of the transportation company’s stock worth $5,128,000 after purchasing an additional 2,385 shares in the last quarter. Russell Investments Group Ltd. grew its stake in shares of Grupo Aeroportuario del Pacífico by 3.0% during the first quarter. Russell Investments Group Ltd. now owns 101,851 shares of the transportation company’s stock valued at $16,619,000 after purchasing an additional 2,941 shares during the last quarter. Finally, Sei Investments Co. increased its holdings in shares of Grupo Aeroportuario del Pacífico by 0.6% in the first quarter. Sei Investments Co. now owns 12,446 shares of the transportation company’s stock valued at $2,031,000 after purchasing an additional 73 shares in the last quarter. 11.73% of the stock is currently owned by institutional investors.

Grupo Aeroportuario del Pacífico Trading Up 1.4 %

PAC stock traded up $2.18 during trading on Friday, hitting $160.30. The company had a trading volume of 34,447 shares, compared to its average volume of 42,703. The stock has a market cap of $8.10 billion, a price-to-earnings ratio of 14.31, a PEG ratio of 2.49 and a beta of 1.46. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 1.56. The firm has a 50-day moving average price of $167.39 and a 200-day moving average price of $163.78. Grupo Aeroportuario del Pacífico, S.A.B. de C.V. has a 12 month low of $107.25 and a 12 month high of $197.31.

Grupo Aeroportuario del Pacífico Increases Dividend

The company also recently declared a semi-annual dividend, which will be paid on Friday, August 2nd. Stockholders of record on Monday, July 22nd will be paid a dividend of $3.8657 per share. This represents a dividend yield of 4.7%. The ex-dividend date of this dividend is Monday, July 22nd. This is a positive change from Grupo Aeroportuario del Pacífico’s previous semi-annual dividend of $2.09. Grupo Aeroportuario del Pacífico’s dividend payout ratio is 33.84%.

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.