Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB) Short Interest Up 258.1% in March

Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB - Get Free Report) was the recipient of a significant growth in short interest in March. As of March 31st, there was short interest totalling 88,100 shares, a growth of 258.1% from the March 15th total of 24,600 shares. Approximately 0.2% of the company's stock are short sold. Based on an average daily volume of 55,600 shares, the short-interest ratio is currently 1.6 days.

Grupo Aeroportuario del Centro Norte Stock Down 1.1 %

OMAB stock traded down $0.92 during trading hours on Thursday, hitting $81.46. The company's stock had a trading volume of 62,343 shares, compared to its average volume of 55,731. The company has a quick ratio of 1.86, a current ratio of 2.02 and a debt-to-equity ratio of 1.10. The company has a market capitalization of $3.50 billion, a PE ratio of 13.64, a price-to-earnings-growth ratio of 5.08 and a beta of 1.40. Grupo Aeroportuario del Centro Norte has a 12 month low of $50.23 and a 12 month high of $100.21. The stock has a 50 day moving average price of $73.93 and a two-hundred day moving average price of $73.48.

Grupo Aeroportuario del Centro Norte (NASDAQ:OMAB - Get Free Report) last posted its earnings results on Thursday, February 22nd. The transportation company reported $1.53 EPS for the quarter, topping the consensus estimate of $1.34 by $0.19. The company had revenue of $211.59 million during the quarter. Grupo Aeroportuario del Centro Norte had a net margin of 34.70% and a return on equity of 59.61%. On average, equities research analysts expect that Grupo Aeroportuario del Centro Norte will post 5.52 earnings per share for the current year.

Institutional Trading of Grupo Aeroportuario del Centro Norte

Several large investors have recently modified their holdings of OMAB. Royal London Asset Management Ltd. bought a new stake in shares of Grupo Aeroportuario del Centro Norte during the 4th quarter worth $26,252,000. Envestnet Asset Management Inc. boosted its holdings in shares of Grupo Aeroportuario del Centro Norte by 732.8% during the 1st quarter. Envestnet Asset Management Inc. now owns 210,687 shares of the transportation company's stock worth $3,373,000 after buying an additional 185,387 shares during the period. Millennium Management LLC boosted its holdings in shares of Grupo Aeroportuario del Centro Norte by 70.1% during the 2nd quarter. Millennium Management LLC now owns 149,461 shares of the transportation company's stock worth $7,655,000 after buying an additional 61,611 shares during the period. Healthcare of Ontario Pension Plan Trust Fund bought a new stake in shares of Grupo Aeroportuario del Centro Norte during the 3rd quarter worth $5,162,000. Finally, Jane Street Group LLC boosted its holdings in shares of Grupo Aeroportuario del Centro Norte by 597.7% during the 1st quarter. Jane Street Group LLC now owns 68,294 shares of the transportation company's stock worth $6,113,000 after buying an additional 58,505 shares during the period. 9.53% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group boosted their target price on shares of Grupo Aeroportuario del Centro Norte from $79.00 to $94.00 and gave the stock a "buy" rating in a research report on Friday, January 26th.

About Grupo Aeroportuario del Centro Norte

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.