Sei Investments Co. Cuts Stock Position in Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB)

Sei Investments Co. decreased its stake in shares of Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB) by 10.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 29,978 shares of the transportation company’s stock after selling 3,435 shares during the quarter. Sei Investments Co. owned about 0.07% of Grupo Aeroportuario del Centro Norte worth $2,058,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in OMAB. Fisher Funds Management LTD bought a new position in shares of Grupo Aeroportuario del Centro Norte in the 4th quarter worth approximately $33,617,000. State Street Corp boosted its stake in Grupo Aeroportuario del Centro Norte by 6.6% during the third 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. abrdn plc grew its holdings in Grupo Aeroportuario del Centro Norte by 1.4% during the 4th 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 in the last quarter. National Bank of Canada FI increased its stake in Grupo Aeroportuario del Centro Norte by 130,579.6% in the 3rd quarter. National Bank of Canada FI now owns 121,532 shares of the transportation company’s stock worth $8,242,000 after acquiring an additional 121,439 shares during the last quarter. Finally, American Century Companies Inc. raised its holdings in shares of Grupo Aeroportuario del Centro Norte by 6.0% during the 4th quarter. American Century Companies Inc. now owns 90,203 shares of the transportation company’s stock worth $6,192,000 after acquiring an additional 5,127 shares in the last quarter. 9.53% of the stock is owned by institutional investors.

Grupo Aeroportuario del Centro Norte Stock Down 5.4 %

Grupo Aeroportuario del Centro Norte stock opened at $76.79 on Friday. Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. has a fifty-two week low of $59.08 and a fifty-two week high of $90.53. The company has a market cap of $3.27 billion, a PE ratio of 13.54 and a beta of 0.88. The company has a debt-to-equity ratio of 1.16, a quick ratio of 1.08 and a current ratio of 1.08. The business’s 50-day simple moving average is $78.47 and its two-hundred day simple moving average is $72.65.

Analyst Ratings Changes

Separately, Jefferies Financial Group upped their target price on shares of Grupo Aeroportuario del Centro Norte from $94.00 to $99.00 and gave the company a “buy” rating in a research report on Wednesday, February 12th. One equities research 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’s stock. According to data from MarketBeat, Grupo Aeroportuario del Centro Norte currently has an average rating of “Hold” and an average price target of $82.50.

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.