SG Americas Securities LLC Takes $116,000 Position in Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB)

SG Americas Securities LLC acquired a new stake in Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 1,692 shares of the transportation company’s stock, valued at approximately $116,000.

Other institutional investors have also modified their holdings of the company. US Bancorp DE lifted its stake in shares of Grupo Aeroportuario del Centro Norte by 143.8% in the 3rd quarter. US Bancorp DE now owns 507 shares of the transportation company’s stock valued at $34,000 after purchasing an additional 299 shares during the last quarter. Signaturefd LLC lifted its stake in shares of Grupo Aeroportuario del Centro Norte by 109.2% during the 3rd quarter. Signaturefd LLC now owns 498 shares of the transportation company’s stock worth $34,000 after acquiring an additional 260 shares during the last quarter. Barclays PLC bought a new stake in shares of Grupo Aeroportuario del Centro Norte during the 3rd quarter worth approximately $72,000. Blue Trust Inc. lifted its stake in shares of Grupo Aeroportuario del Centro Norte by 147.1% during the 3rd quarter. Blue Trust Inc. now owns 2,795 shares of the transportation company’s stock worth $189,000 after acquiring an additional 1,664 shares during the last quarter. Finally, Sanders Morris Harris LLC lifted its stake in shares of Grupo Aeroportuario del Centro Norte by 8.8% during the 4th quarter. Sanders Morris Harris LLC now owns 3,700 shares of the transportation company’s stock worth $257,000 after acquiring an additional 300 shares during the last quarter. 9.53% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Separately, 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 note on Friday, November 15th.

Grupo Aeroportuario del Centro Norte Trading Up 1.5 %

OMAB opened at $78.93 on Wednesday. The stock’s fifty day moving average is $74.08 and its two-hundred day moving average is $69.08. The company has a market capitalization of $3.36 billion, a P/E ratio of 13.92 and a beta of 1.28. Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. has a 52 week low of $59.08 and a 52 week high of $90.53. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 1.16.

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.