Mackenzie Financial Corp Sells 24,345 Shares of Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB)

Mackenzie Financial Corp lessened its holdings in Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB - Free Report) by 31.9% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 52,019 shares of the transportation company's stock after selling 24,345 shares during the period. Mackenzie Financial Corp owned 0.12% of Grupo Aeroportuario del Centro Norte worth $4,402,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Blue Trust Inc. raised its position in Grupo Aeroportuario del Centro Norte by 5,860.0% during the fourth quarter. Blue Trust Inc. now owns 596 shares of the transportation company's stock valued at $52,000 after purchasing an additional 586 shares in the last quarter. Quantbot Technologies LP raised its position in Grupo Aeroportuario del Centro Norte by 803.6% during the third quarter. Quantbot Technologies LP now owns 1,500 shares of the transportation company's stock valued at $130,000 after purchasing an additional 1,334 shares in the last quarter. Huntington National Bank raised its position in Grupo Aeroportuario del Centro Norte by 15.4% during the third quarter. Huntington National Bank now owns 2,471 shares of the transportation company's stock valued at $215,000 after purchasing an additional 330 shares in the last quarter. SG Americas Securities LLC raised its position in Grupo Aeroportuario del Centro Norte by 41.5% during the fourth quarter. SG Americas Securities LLC now owns 2,971 shares of the transportation company's stock valued at $251,000 after purchasing an additional 872 shares in the last quarter. Finally, Veracity Capital LLC raised its position in Grupo Aeroportuario del Centro Norte by 21.7% during the third quarter. Veracity Capital LLC now owns 4,163 shares of the transportation company's stock valued at $362,000 after purchasing an additional 741 shares in the last quarter. Hedge funds and other institutional investors own 9.53% of the company's stock.

Wall Street Analysts Forecast Growth

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

Grupo Aeroportuario del Centro Norte Trading Up 1.4 %

Shares of OMAB traded up $1.02 during trading hours on Monday, hitting $76.12. The company had a trading volume of 54,725 shares, compared to its average volume of 54,441. The firm has a market cap of $3.27 billion, a P/E ratio of 12.75, a P/E/G ratio of 4.53 and a beta of 1.40. The stock's 50 day moving average price is $74.10 and its 200 day moving average price is $72.74. The company has a quick ratio of 1.86, a current ratio of 2.02 and a debt-to-equity ratio of 1.10. Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. has a 52-week low of $50.23 and a 52-week high of $100.21.

Grupo Aeroportuario del Centro Norte (NASDAQ:OMAB - Get Free Report) last released its quarterly earnings data 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 firm had revenue of $211.59 million for the quarter. Grupo Aeroportuario del Centro Norte had a return on equity of 59.61% and a net margin of 34.70%. On average, research analysts predict that Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. will post 5.52 EPS for the current year.

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.