Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB) Shares Acquired by Rhumbline Advisers

Rhumbline Advisers boosted its stake in Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB) by 3.4% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 9,534 shares of the transportation company’s stock after purchasing an additional 317 shares during the quarter. Rhumbline Advisers’ holdings in Grupo Aeroportuario del Centro Norte were worth $654,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. National Bank of Canada FI grew its stake in shares of Grupo Aeroportuario del Centro Norte by 130,579.6% during the 3rd quarter. National Bank of Canada FI now owns 121,532 shares of the transportation company’s stock valued at $8,242,000 after buying an additional 121,439 shares during the period. ABS Direct Equity Fund LLC boosted its holdings in 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 acquiring an additional 22,850 shares during the last quarter. State Street Corp grew its position 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 acquiring an additional 19,683 shares during the period. Walleye Capital LLC acquired a new stake in Grupo Aeroportuario del Centro Norte during the third quarter worth about $822,000. Finally, Connor Clark & Lunn Investment Management Ltd. raised its holdings in shares of Grupo Aeroportuario del Centro Norte by 38.5% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 25,421 shares of the transportation company’s stock worth $1,724,000 after purchasing an additional 7,072 shares during the period. Institutional investors and hedge funds own 9.53% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Grupo Aeroportuario del Centro Norte Trading Down 2.0 %

NASDAQ:OMAB opened at $75.21 on Friday. The business’s 50-day moving average is $76.32 and its two-hundred day moving average is $70.59. The firm has a market capitalization of $3.20 billion, a PE ratio of 13.26 and a beta of 1.25. 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 company has a debt-to-equity ratio of 1.16, a current ratio of 1.08 and a quick ratio of 1.08.

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.