97,032 Shares in Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB) Acquired by AQR Capital Management LLC

AQR Capital Management LLC purchased a new stake in Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 97,032 shares of the transportation company's stock, valued at approximately $6,660,000. AQR Capital Management LLC owned 0.23% of Grupo Aeroportuario del Centro Norte as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Tower Research Capital LLC TRC raised its holdings in Grupo Aeroportuario del Centro Norte by 3,581.8% in the 4th quarter. Tower Research Capital LLC TRC now owns 405 shares of the transportation company's stock valued at $28,000 after acquiring an additional 394 shares during the period. Venturi Wealth Management LLC raised its holdings in Grupo Aeroportuario del Centro Norte by 94.3% in the 4th quarter. Venturi Wealth Management LLC now owns 575 shares of the transportation company's stock valued at $39,000 after acquiring an additional 279 shares during the period. Mirae Asset Global Investments Co. Ltd. raised its holdings in Grupo Aeroportuario del Centro Norte by 41.2% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 685 shares of the transportation company's stock valued at $48,000 after acquiring an additional 200 shares during the period. Fifth Third Bancorp bought a new position in Grupo Aeroportuario del Centro Norte in the 4th quarter valued at about $48,000. Finally, Barclays PLC bought a new position in Grupo Aeroportuario del Centro Norte in the 3rd quarter valued at about $72,000. 9.53% of the stock is owned by institutional investors.

Grupo Aeroportuario del Centro Norte Stock Performance

Shares of NASDAQ:OMAB traded down $0.63 on Monday, reaching $95.36. 42,301 shares of the company's stock were exchanged, compared to its average volume of 71,473. The company has a fifty day moving average of $81.81 and a 200-day moving average of $75.61. Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. has a twelve month low of $59.08 and a twelve month high of $100.85. The company has a market capitalization of $4.06 billion, a price-to-earnings ratio of 16.80 and a beta of 0.90. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 1.16.

Grupo Aeroportuario del Centro Norte (NASDAQ:OMAB - Get Free Report) last announced its earnings results on Tuesday, April 29th. The transportation company reported $1.30 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.28 by $0.02. Grupo Aeroportuario del Centro Norte had a net margin of 35.31% and a return on equity of 51.74%. The firm had revenue of $174.65 million for the quarter, compared to analyst estimates of $3.58 billion. On average, research analysts predict that Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. will post 5.53 EPS for the current fiscal year.

Analysts Set New Price Targets

Separately, Jefferies Financial Group increased 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 equities research analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, Grupo Aeroportuario del Centro Norte presently has an average rating of "Hold" and a consensus 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.