Cerity Partners LLC bought a new stake in shares of Grupo Aeroportuario del Centro Norte S.A.B. de C.V. (NASDAQ:OMAB - Free Report) in the first quarter, according to its most recent Form 13F filing with the SEC. The fund bought 3,104 shares of the transportation company's stock, valued at approximately $244,000.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of OMAB. American Century Companies Inc. boosted its stake in 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 valued at $6,192,000 after purchasing an additional 5,127 shares during the period. Arrowstreet Capital Limited Partnership raised its holdings in shares of Grupo Aeroportuario del Centro Norte by 30.8% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 173,672 shares of the transportation company's stock worth $11,921,000 after purchasing an additional 40,878 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of Grupo Aeroportuario del Centro Norte by 2.5% in the 4th quarter. Geode Capital Management LLC now owns 5,140 shares of the transportation company's stock worth $353,000 after purchasing an additional 126 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of Grupo Aeroportuario del Centro Norte by 14.7% in the 4th quarter. Envestnet Asset Management Inc. now owns 31,517 shares of the transportation company's stock worth $2,163,000 after purchasing an additional 4,048 shares in the last quarter. Finally, Invesco Ltd. raised its holdings in shares of Grupo Aeroportuario del Centro Norte by 7.9% in the 4th quarter. Invesco Ltd. now owns 17,206 shares of the transportation company's stock worth $1,181,000 after purchasing an additional 1,257 shares in the last quarter. 9.53% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
OMAB has been the topic of a number of research analyst reports. JPMorgan Chase & Co. reaffirmed an "underweight" rating on shares of Grupo Aeroportuario del Centro Norte in a research report on Friday, May 23rd. The Goldman Sachs Group boosted their target price on shares of Grupo Aeroportuario del Centro Norte from $89.00 to $106.00 and gave the stock a "buy" rating in a research report on Friday, May 16th. Finally, Bank of America raised shares of Grupo Aeroportuario del Centro Norte from an "underperform" rating to a "neutral" rating in a research report on Monday, May 19th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $88.38.
Check Out Our Latest Analysis on Grupo Aeroportuario del Centro Norte
Grupo Aeroportuario del Centro Norte Stock Performance
NASDAQ:OMAB traded down $2.36 during trading hours on Friday, hitting $104.08. 8,451 shares of the company traded hands, compared to its average volume of 74,596. The stock has a market capitalization of $4.43 billion, a price-to-earnings ratio of 19.27, a P/E/G ratio of 2.55 and a beta of 0.89. 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 $116.25. The firm has a 50-day moving average of $105.21 and a 200 day moving average of $90.09. The company has a current ratio of 0.86, a quick ratio of 1.77 and a debt-to-equity ratio of 1.35.
Grupo Aeroportuario del Centro Norte (NASDAQ:OMAB - Get Free Report) last announced its quarterly earnings data on Tuesday, April 29th. The transportation company reported $1.30 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.28 by $0.02. Grupo Aeroportuario del Centro Norte had a net margin of 33.00% and a return on equity of 52.90%. The company had revenue of $174.65 million during the quarter, compared to analysts' expectations of $3.58 billion. On average, analysts forecast that Grupo Aeroportuario del Centro Norte S.A.B. de C.V. will post 5.53 EPS for the current year.
Grupo Aeroportuario del Centro Norte Dividend Announcement
The firm also recently disclosed a semi-annual dividend, which was paid on Monday, June 2nd. Stockholders of record on Friday, May 23rd were paid a $2.1363 dividend. The ex-dividend date was Friday, May 23rd. This represents a dividend yield of 410.0%. Grupo Aeroportuario del Centro Norte's dividend payout ratio is currently 38.89%.
Grupo Aeroportuario del Centro Norte Company Profile
(
Free Report)
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.
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