Invesco Ltd. Acquires 1,257 Shares of Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB)

Invesco Ltd. increased its position in shares of Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB) by 7.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 17,206 shares of the transportation company’s stock after acquiring an additional 1,257 shares during the quarter. Invesco Ltd.’s holdings in Grupo Aeroportuario del Centro Norte were worth $1,181,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of OMAB. Geode Capital Management LLC raised its holdings in Grupo Aeroportuario del Centro Norte by 2.5% in the 4th quarter. Geode Capital Management LLC now owns 5,140 shares of the transportation company’s stock worth $353,000 after purchasing an additional 126 shares during the period. Mirae Asset Global Investments Co. Ltd. boosted its stake in shares of Grupo Aeroportuario del Centro Norte by 41.2% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 685 shares of the transportation company’s stock worth $48,000 after acquiring an additional 200 shares during the last quarter. Venturi Wealth Management LLC increased its position in shares of Grupo Aeroportuario del Centro Norte by 94.3% during the fourth quarter. Venturi Wealth Management LLC now owns 575 shares of the transportation company’s stock worth $39,000 after purchasing an additional 279 shares in the last quarter. Sanders Morris Harris LLC lifted its stake in shares of Grupo Aeroportuario del Centro Norte by 8.8% in the fourth quarter. Sanders Morris Harris LLC now owns 3,700 shares of the transportation company’s stock worth $257,000 after buying an additional 300 shares in the last quarter. Finally, Rhumbline Advisers grew its position in shares of Grupo Aeroportuario del Centro Norte by 3.4% in the fourth quarter. Rhumbline Advisers now owns 9,534 shares of the transportation company’s stock valued at $654,000 after purchasing an additional 317 shares in the last quarter. Institutional investors own 9.53% of the company’s stock.

Analyst Ratings Changes

Separately, Jefferies Financial Group increased their price target on shares of Grupo Aeroportuario del Centro Norte from $94.00 to $99.00 and gave the company a “buy” rating in a research note on Wednesday, February 12th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $82.50.

Grupo Aeroportuario del Centro Norte Trading Down 0.5 %

NASDAQ OMAB opened at $88.49 on Friday. The firm has a market cap of $3.76 billion, a price-to-earnings ratio of 15.61 and a beta of 0.88. 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 $92.39. The company has a debt-to-equity ratio of 1.16, a quick ratio of 1.08 and a current ratio of 1.08. The firm has a 50 day simple moving average of $79.82 and a 200-day simple moving average of $74.48.

Grupo Aeroportuario del Centro Norte (NASDAQ:OMAB) last posted its quarterly earnings results on Tuesday, April 29th. The transportation company reported $1.30 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.28 by $0.02. Grupo Aeroportuario del Centro Norte had a return on equity of 51.74% and a net margin of 35.31%. The company had revenue of $174.65 million for the quarter, compared to analyst estimates of $3.58 billion. Equities research analysts anticipate that Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. will post 5.53 EPS for the current fiscal year.

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.