Healthcare of Ontario Pension Plan Trust Fund Has $4.93 Million Stock Position in Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB)

Healthcare of Ontario Pension Plan Trust Fund lessened its holdings in shares of Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB) by 2.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 58,200 shares of the transportation company’s stock after selling 1,200 shares during the quarter. Healthcare of Ontario Pension Plan Trust Fund owned 0.14% of Grupo Aeroportuario del Centro Norte worth $4,925,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in OMAB. Parallel Advisors LLC boosted its holdings in shares of Grupo Aeroportuario del Centro Norte by 726.8% in the fourth quarter. Parallel Advisors LLC now owns 339 shares of the transportation company’s stock valued at $29,000 after buying an additional 298 shares during the period. EverSource Wealth Advisors LLC lifted its position in Grupo Aeroportuario del Centro Norte by 900.0% in the 4th quarter. EverSource Wealth Advisors LLC now owns 470 shares of the transportation company’s stock valued at $40,000 after acquiring an additional 423 shares in the last quarter. Blue Trust Inc. boosted its stake in Grupo Aeroportuario del Centro Norte by 5,860.0% in the 4th quarter. Blue Trust Inc. now owns 596 shares of the transportation company’s stock worth $52,000 after purchasing an additional 586 shares during the period. AJOVista LLC bought a new position in Grupo Aeroportuario del Centro Norte during the 4th quarter worth about $77,000. Finally, Barometer Capital Management Inc. acquired a new stake in shares of Grupo Aeroportuario del Centro Norte in the 4th quarter valued at about $118,000. 9.53% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Separately, Scotiabank downgraded Grupo Aeroportuario del Centro Norte from a “sector perform” rating to a “sector underperform” rating in a report on Wednesday, May 15th.

Grupo Aeroportuario del Centro Norte Stock Up 1.6 %

Grupo Aeroportuario del Centro Norte stock opened at $69.50 on Wednesday. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.99. Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. has a 1-year low of $50.23 and a 1-year high of $100.21. The company has a fifty day simple moving average of $80.87 and a 200 day simple moving average of $77.19. The company has a market cap of $2.96 billion, a P/E ratio of 11.64, a price-to-earnings-growth ratio of 3.96 and a beta of 1.33.

Grupo Aeroportuario del Centro Norte (NASDAQ:OMAB) last released its earnings results on Thursday, April 25th. The transportation company reported $1.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.19 by $0.05. Grupo Aeroportuario del Centro Norte had a return on equity of 54.28% and a net margin of 34.67%. The business had revenue of $189.64 million for the quarter. Research analysts anticipate that Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. will post 5.63 earnings per share for the current fiscal year.

Grupo Aeroportuario del Centro Norte Increases Dividend

The business also recently disclosed a — dividend, which was paid on Friday, May 31st. Stockholders of record on Wednesday, May 22nd were issued a $2.5963 dividend. This represents a dividend yield of 5.3%. The ex-dividend date was Tuesday, May 21st. This is an increase from Grupo Aeroportuario del Centro Norte’s previous — dividend of $2.14. Grupo Aeroportuario del Centro Norte’s dividend payout ratio is presently 76.88%.

About Grupo Aeroportuario del Centro Norte

Grupo Aeroportuario del Centro Norte, SAB. de C.V., together with its subsidiaries, holds concessions to develop, operate, and maintain airports in Mexico. The company operates 13 international airports in Monterrey, Acapulco, Mazatlán, Zihuatanejo, Ciudad Juárez, Reynosa, Chihuahua, Culiacán, Durango, San Luis Potosí, Tampico, Torreón, and Zacatecas cities.