Uniplan Investment Counsel Inc. Invests $1.85 Million in Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB)

Uniplan Investment Counsel Inc. bought a new stake in shares of Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 26,945 shares of the transportation company's stock, valued at approximately $1,850,000. Uniplan Investment Counsel Inc. owned approximately 0.06% of Grupo Aeroportuario del Centro Norte as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently bought and sold shares of the company. Tower Research Capital LLC TRC lifted its position in Grupo Aeroportuario del Centro Norte by 3,581.8% during the fourth quarter. Tower Research Capital LLC TRC now owns 405 shares of the transportation company's stock valued at $28,000 after purchasing an additional 394 shares in the last quarter. Venturi Wealth Management LLC lifted its position in Grupo Aeroportuario del Centro Norte by 94.3% during the fourth quarter. Venturi Wealth Management LLC now owns 575 shares of the transportation company's stock valued at $39,000 after purchasing an additional 279 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its position in Grupo Aeroportuario del Centro Norte by 41.2% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 685 shares of the transportation company's stock valued at $48,000 after purchasing an additional 200 shares in the last quarter. Fifth Third Bancorp purchased a new position in Grupo Aeroportuario del Centro Norte during the fourth quarter valued at $48,000. Finally, Barclays PLC purchased a new position in Grupo Aeroportuario del Centro Norte during the third quarter valued at $72,000. 9.53% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, Jefferies Financial Group lifted their target price on 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 analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the company. Based on data from MarketBeat, Grupo Aeroportuario del Centro Norte presently has an average rating of "Hold" and an average price target of $82.50.

Grupo Aeroportuario del Centro Norte Price Performance

Shares of Grupo Aeroportuario del Centro Norte stock traded down $0.02 during trading hours on Friday, hitting $90.13. The company's stock had a trading volume of 61,988 shares, compared to its average volume of 69,265. The business has a 50 day moving average price of $79.23 and a two-hundred day moving average price of $74.02. 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 $92.39. The company has a market cap of $3.83 billion, a PE ratio of 15.90 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.

Grupo Aeroportuario del Centro Norte Company 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.