Mirae Asset Global Investments Co. Ltd. Acquires 825 Shares of Grupo Aeroportuario del Centro Norte S.A.B. de C.V. $OMAB

Mirae Asset Global Investments Co. Ltd. lifted its holdings in shares of Grupo Aeroportuario del Centro Norte S.A.B. de C.V. (NASDAQ:OMAB) by 133.5% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 1,443 shares of the transportation company’s stock after purchasing an additional 825 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in Grupo Aeroportuario del Centro Norte were worth $152,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in OMAB. Envestnet Asset Management Inc. grew its holdings in shares of Grupo Aeroportuario del Centro Norte by 0.5% during the first quarter. Envestnet Asset Management Inc. now owns 31,667 shares of the transportation company’s stock worth $2,490,000 after purchasing an additional 150 shares during the last quarter. Pekin Hardy Strauss Inc. grew its holdings in shares of Grupo Aeroportuario del Centro Norte by 28.1% during the first quarter. Pekin Hardy Strauss Inc. now owns 8,930 shares of the transportation company’s stock worth $702,000 after purchasing an additional 1,960 shares during the last quarter. Cerity Partners LLC bought a new stake in shares of Grupo Aeroportuario del Centro Norte during the first quarter worth $244,000. Empirical Finance LLC bought a new stake in shares of Grupo Aeroportuario del Centro Norte during the first quarter worth $2,258,000. Finally, US Bancorp DE grew its holdings in shares of Grupo Aeroportuario del Centro Norte by 25.6% during the first quarter. US Bancorp DE now owns 761 shares of the transportation company’s stock worth $60,000 after purchasing an additional 155 shares during the last quarter. Institutional investors own 9.53% of the company’s stock.

Grupo Aeroportuario del Centro Norte Price Performance

Shares of OMAB opened at $105.05 on Friday. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 1.35. Grupo Aeroportuario del Centro Norte S.A.B. de C.V. has a 1 year low of $62.06 and a 1 year high of $116.25. The stock has a market cap of $4.47 billion, a P/E ratio of 19.45, a price-to-earnings-growth ratio of 2.53 and a beta of 0.94. The stock’s 50-day moving average price is $105.44 and its two-hundred day moving average price is $99.82.

Wall Street Analyst Weigh In

A number of brokerages recently commented on OMAB. Zacks Research lowered Grupo Aeroportuario del Centro Norte from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 19th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Grupo Aeroportuario del Centro Norte in a research report on Saturday, September 27th. Wall Street Zen upgraded Grupo Aeroportuario del Centro Norte from a “hold” rating to a “buy” rating in a research report on Saturday. Finally, Citigroup reiterated a “hold” rating on shares of Grupo Aeroportuario del Centro Norte in a research report on Wednesday, September 10th. Two investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Grupo Aeroportuario del Centro Norte currently has a consensus rating of “Hold” and an average target price of $92.17.

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.