Hunter Perkins Capital Management LLC decreased its holdings in Grupo Aeroportuario del Centro Norte S.A.B. de C.V. (NASDAQ:OMAB - Free Report) by 28.2% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 14,410 shares of the transportation company's stock after selling 5,660 shares during the quarter. Hunter Perkins Capital Management LLC's holdings in Grupo Aeroportuario del Centro Norte were worth $1,520,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently made changes to their positions in OMAB. US Bancorp DE raised its position in shares of Grupo Aeroportuario del Centro Norte by 25.6% in the first quarter. US Bancorp DE now owns 761 shares of the transportation company's stock valued at $60,000 after buying an additional 155 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. raised its holdings in Grupo Aeroportuario del Centro Norte by 133.5% in the 2nd quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,443 shares of the transportation company's stock valued at $152,000 after acquiring an additional 825 shares in the last quarter. Ballentine Partners LLC bought a new stake in shares of Grupo Aeroportuario del Centro Norte during the 2nd quarter valued at $211,000. Cerity Partners LLC bought a new position in shares of Grupo Aeroportuario del Centro Norte in the first quarter worth $244,000. Finally, Itau Unibanco Holding S.A. raised its stake in Grupo Aeroportuario del Centro Norte by 3.2% in the first quarter. Itau Unibanco Holding S.A. now owns 6,902 shares of the transportation company's stock valued at $543,000 after purchasing an additional 212 shares in the last quarter. Institutional investors and hedge funds own 9.53% of the company's stock.
Grupo Aeroportuario del Centro Norte Trading Down 1.1%
Shares of OMAB stock opened at $101.21 on Monday. Grupo Aeroportuario del Centro Norte S.A.B. de C.V. has a fifty-two week low of $62.06 and a fifty-two week high of $116.25. The company has a debt-to-equity ratio of 1.35, a quick ratio of 0.86 and a current ratio of 0.86. The stock has a 50 day simple moving average of $105.62 and a two-hundred day simple moving average of $99.17. The company has a market cap of $4.31 billion, a P/E ratio of 18.74, a PEG ratio of 2.44 and a beta of 0.94.
Analysts Set New Price Targets
OMAB has been the topic of a number of analyst reports. Citigroup reiterated a "hold" rating on shares of Grupo Aeroportuario del Centro Norte in a research note on Wednesday, September 10th. Weiss Ratings reiterated a "hold (c+)" rating on shares of Grupo Aeroportuario del Centro Norte in a research report on Saturday, September 27th. Wall Street Zen cut shares of Grupo Aeroportuario del Centro Norte from a "buy" rating to a "hold" rating in a research note on Friday, September 26th. Finally, Zacks Research cut Grupo Aeroportuario del Centro Norte from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, August 19th. Two equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Hold" and an average target price of $92.17.
View Our Latest Stock Analysis on Grupo Aeroportuario del Centro Norte
Grupo Aeroportuario del Centro Norte 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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