AJOVista LLC Acquires Shares of 912 Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB)

AJOVista LLC bought a new stake in Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 912 shares of the transportation company’s stock, valued at approximately $77,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Blue Trust Inc. lifted its stake in Grupo Aeroportuario del Centro Norte by 5,860.0% in the 4th quarter. Blue Trust Inc. now owns 596 shares of the transportation company’s stock worth $52,000 after purchasing an additional 586 shares in the last quarter. Quantbot Technologies LP lifted 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 worth $130,000 after buying an additional 1,334 shares in the last quarter. Huntington National Bank grew its holdings in Grupo Aeroportuario del Centro Norte by 15.4% in the 3rd quarter. Huntington National Bank now owns 2,471 shares of the transportation company’s stock valued at $215,000 after buying an additional 330 shares in the last quarter. SG Americas Securities LLC increased its stake in shares of Grupo Aeroportuario del Centro Norte by 41.5% in the 4th quarter. SG Americas Securities LLC now owns 2,971 shares of the transportation company’s stock worth $251,000 after acquiring an additional 872 shares during the last quarter. Finally, Veracity Capital LLC raised its holdings in shares of Grupo Aeroportuario del Centro Norte by 21.7% during the 3rd quarter. Veracity Capital LLC now owns 4,163 shares of the transportation company’s stock worth $362,000 after acquiring an additional 741 shares during the period. 9.53% of the stock is owned by hedge funds and other institutional investors.

Grupo Aeroportuario del Centro Norte Trading Down 1.1 %

OMAB stock traded down $0.99 during midday trading on Friday, hitting $86.69. 31,715 shares of the company’s stock were exchanged, compared to its average volume of 47,617. Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. has a 1-year low of $50.23 and a 1-year high of $100.21. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.99. The stock has a market capitalization of $3.73 billion, a PE ratio of 14.52, a P/E/G ratio of 5.07 and a beta of 1.34. The business has a 50-day simple moving average of $76.58 and a two-hundred day simple moving average of $73.89.

Grupo Aeroportuario del Centro Norte (NASDAQ:OMAB) last issued its quarterly earnings data on Thursday, February 22nd. The transportation company reported $1.53 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.34 by $0.19. Grupo Aeroportuario del Centro Norte had a return on equity of 54.28% and a net margin of 34.67%. The firm had revenue of $211.59 million during the quarter. On average, sell-side analysts predict that Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. will post 5.7 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group upped their price objective on shares of Grupo Aeroportuario del Centro Norte from $79.00 to $94.00 and gave the company a “buy” rating in a 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.