Shares of Grupo Aeroportuario del Centro Norte SAB de CV (NASDAQ:OMAB) hit a new 52-week high during trading on Monday . The stock traded as high as $52.95 and last traded at $52.85, with a volume of 15,312 shares trading hands. The stock had previously closed at $51.42.

Separately, Zacks Investment Research cut shares of Grupo Aeroportuario del Centro Norte SAB de CV from a “buy” rating to a “hold” rating in a research note on Saturday, August 6th.

The firm has a market capitalization of $2.54 billion and a price-to-earnings ratio of 31.45. The company’s 50 day moving average is $48.10 and its 200 day moving average is $44.29.

An institutional investor recently raised its position in Grupo Aeroportuario del Centro Norte SAB de CV stock. Russell Frank Co boosted its position in Grupo Aeroportuario del Centro Norte SAB de CV (NASDAQ:OMAB) by 87.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 90,150 shares of the company’s stock after buying an additional 42,001 shares during the period. Russell Frank Co owned approximately 0.18% of Grupo Aeroportuario del Centro Norte SAB de CV worth $3,465,000 at the end of the most recent reporting period.

Grupo Aeroportuario del Centro Norte, SAB. de C.V., (GACN) is a holding company and conducts all of its operations through its subsidiaries. Through its subsidiaries, it holds concessions to operate, maintain and develop airports in Mexico, which are concentrated in the country’s central and northern regions.

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