Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB) Stake Increased by Vanguard Personalized Indexing Management LLC

Vanguard Personalized Indexing Management LLC grew its holdings in Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB) by 10.3% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,659 shares of the transportation company’s stock after purchasing an additional 435 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in Grupo Aeroportuario del Centro Norte were worth $312,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. INCA Investments LLC increased its stake in shares of Grupo Aeroportuario del Centro Norte by 17.4% in the first quarter. INCA Investments LLC now owns 389,840 shares of the transportation company’s stock worth $30,832,000 after acquiring an additional 57,709 shares during the last quarter. Napa Wealth Management acquired a new position in shares of Grupo Aeroportuario del Centro Norte in the fourth quarter worth $563,000. Caprock Group LLC acquired a new position in shares of Grupo Aeroportuario del Centro Norte in the second quarter worth $357,000. American Century Companies Inc. increased its stake in shares of Grupo Aeroportuario del Centro Norte by 6.1% in the second quarter. American Century Companies Inc. now owns 72,083 shares of the transportation company’s stock worth $4,876,000 after acquiring an additional 4,149 shares during the last quarter. Finally, BNP Paribas Financial Markets increased its stake in shares of Grupo Aeroportuario del Centro Norte by 10.8% in the first quarter. BNP Paribas Financial Markets now owns 37,143 shares of the transportation company’s stock worth $2,938,000 after acquiring an additional 3,628 shares during the last quarter. Hedge funds and other institutional investors own 9.53% of the company’s stock.

Grupo Aeroportuario del Centro Norte Trading Down 1.1 %

Grupo Aeroportuario del Centro Norte stock opened at $68.48 on Friday. The company has a debt-to-equity ratio of 1.35, a current ratio of 0.86 and a quick ratio of 0.86. The company has a market capitalization of $2.91 billion, a price-to-earnings ratio of 11.47, a PEG ratio of 3.96 and a beta of 1.32. Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. has a one year low of $50.23 and a one year high of $95.85. The company’s fifty day moving average price is $66.65 and its two-hundred day moving average price is $73.36.

Grupo Aeroportuario del Centro Norte (NASDAQ:OMAB) last posted its earnings results on Thursday, July 25th. The transportation company reported $1.45 EPS for the quarter, topping the consensus estimate of $1.24 by $0.21. Grupo Aeroportuario del Centro Norte had a net margin of 35.08% and a return on equity of 53.36%. The firm had revenue of $203.24 million for the quarter. On average, analysts forecast that Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. will post 6.02 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research firms have recently weighed in on OMAB. Morgan Stanley raised shares of Grupo Aeroportuario del Centro Norte from an “equal weight” rating to an “overweight” rating and dropped their price target for the stock from $82.00 to $77.00 in a research note on Friday, September 6th. Scotiabank raised shares of Grupo Aeroportuario del Centro Norte from a “sector underperform” rating to a “sector perform” rating in a research report on Wednesday. Finally, StockNews.com downgraded shares of Grupo Aeroportuario del Centro Norte from a “buy” rating to a “hold” rating in a research report on Thursday, July 11th.

Grupo Aeroportuario del Centro Norte Company Profile

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.