Venturi Wealth Management LLC Purchases 279 Shares of Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB)

Venturi Wealth Management LLC increased its position in shares of Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB) by 94.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 575 shares of the transportation company’s stock after acquiring an additional 279 shares during the quarter. Venturi Wealth Management LLC’s holdings in Grupo Aeroportuario del Centro Norte were worth $39,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Rhumbline Advisers boosted its stake in Grupo Aeroportuario del Centro Norte by 3.4% during the 4th quarter. Rhumbline Advisers now owns 9,534 shares of the transportation company’s stock worth $654,000 after acquiring an additional 317 shares during the last quarter. Naples Global Advisors LLC lifted its stake in Grupo Aeroportuario del Centro Norte by 2.3% in the fourth quarter. Naples Global Advisors LLC now owns 17,720 shares of the transportation company’s stock valued at $1,216,000 after buying an additional 400 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its holdings in shares of Grupo Aeroportuario del Centro Norte by 41.2% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 685 shares of the transportation company’s stock valued at $48,000 after buying an additional 200 shares during the period. abrdn plc boosted its holdings in shares of Grupo Aeroportuario del Centro Norte by 1.4% in the fourth quarter. abrdn plc now owns 170,233 shares of the transportation company’s stock valued at $11,723,000 after buying an additional 2,279 shares during the period. Finally, ABS Direct Equity Fund LLC boosted its holdings in shares of Grupo Aeroportuario del Centro Norte by 165.0% in the fourth quarter. ABS Direct Equity Fund LLC now owns 36,700 shares of the transportation company’s stock valued at $2,519,000 after buying an additional 22,850 shares during the period. Institutional investors own 9.53% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on OMAB shares. Bank of America cut shares of 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 report on Friday, November 15th. Jefferies Financial Group upped their price target on shares of Grupo Aeroportuario del Centro Norte from $94.00 to $99.00 and gave the company a “buy” rating in a report on Wednesday, February 12th. One analyst has rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $82.50.

Grupo Aeroportuario del Centro Norte Stock Performance

Shares of OMAB opened at $76.72 on Wednesday. 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. The firm has a fifty day simple moving average of $75.74 and a 200 day simple moving average of $70.15. The stock has a market capitalization of $3.26 billion, a price-to-earnings ratio of 13.53 and a beta of 1.28. The company has a current ratio of 1.08, a quick 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.