UBS Group upgraded shares of Grupo Aeroportuario del Centro Nort (NASDAQ:OMAB) from a market perform rating to an outperform rating in a research note released on Wednesday, The Fly reports.

Several other brokerages also recently weighed in on OMAB. BidaskClub downgraded shares of Grupo Aeroportuario del Centro Nort from a buy rating to a hold rating in a research report on Friday, November 2nd. ValuEngine downgraded shares of Grupo Aeroportuario del Centro Nort from a buy rating to a hold rating in a research report on Monday, October 29th. Barclays downgraded shares of Grupo Aeroportuario del Centro Nort from an overweight rating to an equal weight rating in a research report on Thursday, August 16th. Zacks Investment Research downgraded shares of Grupo Aeroportuario del Centro Nort from a strong-buy rating to a hold rating in a research report on Thursday, November 1st. Finally, Credit Suisse Group downgraded shares of Grupo Aeroportuario del Centro Nort from an outperform rating to a neutral rating in a research report on Wednesday, October 31st. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and two have issued a buy rating to the company’s stock. The company has a consensus rating of Hold and an average price target of $55.67.

Grupo Aeroportuario del Centro Nort stock traded down $0.27 during trading on Wednesday, reaching $39.69. The stock had a trading volume of 178,520 shares, compared to its average volume of 84,991. Grupo Aeroportuario del Centro Nort has a 52-week low of $37.45 and a 52-week high of $58.10. The company has a quick ratio of 2.63, a current ratio of 2.63 and a debt-to-equity ratio of 0.59. The company has a market capitalization of $1.95 billion, a P/E ratio of 18.12, a P/E/G ratio of 5.36 and a beta of 1.08.

Several large investors have recently modified their holdings of OMAB. BlackRock Inc. lifted its position in shares of Grupo Aeroportuario del Centro Nort by 41.7% during the 2nd quarter. BlackRock Inc. now owns 692,592 shares of the transportation company’s stock worth $28,847,000 after buying an additional 203,826 shares during the last quarter. Pendal Group Ltd acquired a new position in shares of Grupo Aeroportuario del Centro Nort in the 3rd quarter valued at $3,694,000. Wells Fargo & Company MN increased its holdings in shares of Grupo Aeroportuario del Centro Nort by 28,806.0% in the 1st quarter. Wells Fargo & Company MN now owns 57,523 shares of the transportation company’s stock valued at $2,267,000 after acquiring an additional 57,324 shares during the period. Public Employees Retirement System of Ohio acquired a new position in shares of Grupo Aeroportuario del Centro Nort in the 2nd quarter valued at $1,672,000. Finally, Highstreet Asset Management Inc. acquired a new position in shares of Grupo Aeroportuario del Centro Nort in the 2nd quarter valued at $940,000. Institutional investors and hedge funds own 15.31% of the company’s stock.

About Grupo Aeroportuario del Centro Nort

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.

Featured Article: What is a Fiduciary?

The Fly

Analyst Recommendations for Grupo Aeroportuario del Centro Nort (NASDAQ:OMAB)

Receive News & Ratings for Grupo Aeroportuario del Centro Nort Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Grupo Aeroportuario del Centro Nort and related companies with MarketBeat.com's FREE daily email newsletter.