Barclays PLC Takes Position in Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB)

Barclays PLC bought a new stake in Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 1,068 shares of the transportation company’s stock, valued at approximately $72,000.

Other institutional investors also recently bought and sold shares of the company. 1832 Asset Management L.P. bought a new stake in Grupo Aeroportuario del Centro Norte in the second quarter valued at approximately $11,318,000. Walleye Capital LLC purchased a new position in shares of Grupo Aeroportuario del Centro Norte in the third quarter worth $822,000. State Street Corp raised its holdings in Grupo Aeroportuario del Centro Norte by 6.6% during the 3rd quarter. State Street Corp now owns 316,425 shares of the transportation company’s stock valued at $21,460,000 after buying an additional 19,683 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund raised its holdings in Grupo Aeroportuario del Centro Norte by 355.1% during the 2nd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 53,700 shares of the transportation company’s stock valued at $3,633,000 after buying an additional 41,900 shares during the last quarter. Finally, Vanguard Personalized Indexing Management LLC boosted its position in Grupo Aeroportuario del Centro Norte by 10.3% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 4,659 shares of the transportation company’s stock valued at $312,000 after buying an additional 435 shares during the period. 9.53% of the stock is currently owned by hedge funds and other institutional investors.

Grupo Aeroportuario del Centro Norte Trading Down 2.1 %

NASDAQ:OMAB opened at $72.23 on Friday. The company has a 50-day moving average price of $68.51 and a 200-day moving average price of $67.92. The stock has a market cap of $3.07 billion, a price-to-earnings ratio of 12.74, a P/E/G ratio of 4.39 and a beta of 1.27. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 1.16. Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. has a 12 month low of $59.08 and a 12 month high of $90.53.

Grupo Aeroportuario del Centro Norte Announces Dividend

The business also recently disclosed a Thrice Yearly dividend, which was paid on Wednesday, November 27th. Shareholders of record on Tuesday, November 19th were issued a $1.921 dividend. The ex-dividend date of this dividend was Tuesday, November 19th. This represents a yield of 6.5%. Grupo Aeroportuario del Centro Norte’s dividend payout ratio (DPR) is presently 98.94%.

Analyst Ratings Changes

Several brokerages have recently commented on OMAB. Scotiabank raised shares of Grupo Aeroportuario del Centro Norte from a “sector underperform” rating to a “sector perform” rating in a research note on Wednesday, September 25th. Bank of America lowered Grupo Aeroportuario del Centro Norte from a “buy” rating to an “underperform” rating and set a $71.50 price target for the company. in a research report on Friday, November 15th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $80.83.

Grupo Aeroportuario del Centro Norte Profile

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.