National Bank of Canada FI Has $7.97 Million Stock Position in Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB)

National Bank of Canada FI reduced its position in Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB) by 4.5% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 116,035 shares of the transportation company’s stock after selling 5,497 shares during the period. National Bank of Canada FI’s holdings in Grupo Aeroportuario del Centro Norte were worth $7,974,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in OMAB. Venturi Wealth Management LLC raised its holdings in shares of Grupo Aeroportuario del Centro Norte by 94.3% during the 4th quarter. Venturi Wealth Management LLC now owns 575 shares of the transportation company’s stock valued at $39,000 after purchasing an additional 279 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. increased its position in Grupo Aeroportuario del Centro Norte by 41.2% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 685 shares of the transportation company’s stock worth $48,000 after buying an additional 200 shares during the last quarter. Fifth Third Bancorp acquired a new position in Grupo Aeroportuario del Centro Norte during the fourth quarter worth $48,000. Barclays PLC bought a new position in Grupo Aeroportuario del Centro Norte during the third quarter valued at about $72,000. Finally, SG Americas Securities LLC acquired a new stake in shares of Grupo Aeroportuario del Centro Norte in the fourth quarter worth about $116,000. 9.53% of the stock is owned by hedge funds and other institutional investors.

Grupo Aeroportuario del Centro Norte Stock Performance

Shares of OMAB opened at $76.79 on Friday. The company has a market capitalization of $3.27 billion, a PE ratio of 13.54 and a beta of 0.88. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.08 and a quick ratio of 1.08. Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. has a one year low of $59.08 and a one year high of $90.53. The company’s fifty day moving average price is $78.47 and its 200 day moving average price is $72.65.

Analyst Ratings Changes

Separately, Jefferies Financial Group increased their price objective on Grupo Aeroportuario del Centro Norte from $94.00 to $99.00 and gave the company a “buy” rating in a report on Wednesday, February 12th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $82.50.

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.