Advisors Asset Management Inc. decreased its stake in Grupo Aeroportuario del Centro Nort (NASDAQ:OMAB) by 88.4% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 776 shares of the transportation company’s stock after selling 5,930 shares during the quarter. Advisors Asset Management Inc.’s holdings in Grupo Aeroportuario del Centro Nort were worth $273,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently added to or reduced their stakes in the stock. Renaissance Technologies LLC boosted its position in shares of Grupo Aeroportuario del Centro Nort by 1.9% in the 2nd quarter. Renaissance Technologies LLC now owns 517,000 shares of the transportation company’s stock valued at $21,533,000 after purchasing an additional 9,800 shares during the period. Highstreet Asset Management Inc. acquired a new position in shares of Grupo Aeroportuario del Centro Nort in the 2nd quarter valued at $940,000. Azimuth Capital Management LLC boosted its position in shares of Grupo Aeroportuario del Centro Nort by 6.0% in the 2nd quarter. Azimuth Capital Management LLC now owns 98,960 shares of the transportation company’s stock valued at $4,122,000 after purchasing an additional 5,575 shares during the period. BlackRock Inc. boosted its position in shares of Grupo Aeroportuario del Centro Nort by 41.7% in the 2nd quarter. BlackRock Inc. now owns 692,592 shares of the transportation company’s stock valued at $28,847,000 after purchasing an additional 203,826 shares during the period. Finally, Russell Investments Group Ltd. boosted its position in shares of Grupo Aeroportuario del Centro Nort by 5.4% in the 2nd quarter. Russell Investments Group Ltd. now owns 74,637 shares of the transportation company’s stock valued at $3,109,000 after purchasing an additional 3,812 shares during the period. Institutional investors and hedge funds own 15.27% of the company’s stock.

A number of research firms recently weighed in on OMAB. ValuEngine upgraded Grupo Aeroportuario del Centro Nort from a “sell” rating to a “hold” rating in a research report on Sunday, July 8th. BidaskClub upgraded Grupo Aeroportuario del Centro Nort from a “hold” rating to a “buy” rating in a research report on Tuesday, July 10th. Barclays lowered Grupo Aeroportuario del Centro Nort from an “overweight” rating to an “equal weight” rating in a research report on Thursday, August 16th. HSBC lowered Grupo Aeroportuario del Centro Nort from a “buy” rating to a “hold” rating in a research report on Monday, October 8th. Finally, Zacks Investment Research lowered Grupo Aeroportuario del Centro Nort from a “buy” rating to a “hold” rating in a research report on Tuesday, June 26th. Four investment analysts have rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus price target of $59.00.

Shares of NASDAQ OMAB opened at $52.80 on Friday. Grupo Aeroportuario del Centro Nort has a one year low of $37.45 and a one year high of $58.10. The stock has a market cap of $2.45 billion, a price-to-earnings ratio of 24.11, a price-to-earnings-growth ratio of 6.94 and a beta of 0.71. The company has a debt-to-equity ratio of 0.66, a current ratio of 2.27 and a quick ratio of 2.27.

Grupo Aeroportuario del Centro Nort (NASDAQ:OMAB) last announced its quarterly earnings data on Wednesday, July 18th. The transportation company reported $0.74 EPS for the quarter. Grupo Aeroportuario del Centro Nort had a return on equity of 35.46% and a net margin of 32.68%. The firm had revenue of $102.76 million during the quarter. Equities analysts expect that Grupo Aeroportuario del Centro Nort will post 2.74 EPS for the current year.

Grupo Aeroportuario del Centro Nort Company Profile

Grupo Aeroportuario del Centro Norte, S. A. B. de C. V., through its subsidiaries, holds concessions to develop, operate, and maintain airports in Mexico. The company operates 13 international airports in Monterrey, Acapulco, Mazatlán, Zihuatanejo, Chihuahua, Culiacán, Durango, San Luis Potosí, Tampico, Torreón, Zacatecas, Ciudad Juárez, and Reynosa cities.

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Institutional Ownership by Quarter for Grupo Aeroportuario del Centro Nort (NASDAQ:OMAB)

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