8,267 Shares in Grupo Aeroportuario del Centro Norte S.A.B. de C.V. $OMAB Bought by AGF Management Ltd.

AGF Management Ltd. purchased a new stake in shares of Grupo Aeroportuario del Centro Norte S.A.B. de C.V. (NASDAQ:OMAB) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 8,267 shares of the transportation company’s stock, valued at approximately $872,000.

Several other hedge funds have also recently added to or reduced their stakes in the company. Kingstone Capital Partners Texas LLC purchased a new stake in shares of Grupo Aeroportuario del Centro Norte during the second quarter worth about $105,360,000. Aberdeen Group plc raised its position in Grupo Aeroportuario del Centro Norte by 4.8% during the 2nd quarter. Aberdeen Group plc now owns 163,821 shares of the transportation company’s stock valued at $17,319,000 after purchasing an additional 7,487 shares during the last quarter. American Century Companies Inc. raised its position in Grupo Aeroportuario del Centro Norte by 8.3% during the 1st quarter. American Century Companies Inc. now owns 97,716 shares of the transportation company’s stock valued at $7,683,000 after purchasing an additional 7,513 shares during the last quarter. Militia Capital Partners LP lifted its holdings in Grupo Aeroportuario del Centro Norte by 18.2% in the 1st quarter. Militia Capital Partners LP now owns 48,652 shares of the transportation company’s stock worth $3,826,000 after buying an additional 7,500 shares during the period. Finally, Canada Pension Plan Investment Board grew its position in shares of Grupo Aeroportuario del Centro Norte by 77.9% in the 1st quarter. Canada Pension Plan Investment Board now owns 41,100 shares of the transportation company’s stock worth $3,232,000 after buying an additional 18,000 shares during the last quarter. Institutional investors own 9.53% of the company’s stock.

Wall Street Analysts Forecast Growth

OMAB has been the subject of a number of recent analyst reports. Weiss Ratings restated a “hold (c)” rating on shares of Grupo Aeroportuario del Centro Norte in a report on Tuesday, October 14th. Zacks Research downgraded shares of Grupo Aeroportuario del Centro Norte from a “hold” rating to a “strong sell” rating in a research report on Thursday, October 16th. Wall Street Zen upgraded shares of Grupo Aeroportuario del Centro Norte from a “hold” rating to a “buy” rating in a report on Saturday, October 11th. Finally, Citigroup reaffirmed a “hold” rating on shares of Grupo Aeroportuario del Centro Norte in a research note on Wednesday, September 10th. Two investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $92.17.

Grupo Aeroportuario del Centro Norte Stock Performance

Shares of OMAB opened at $106.56 on Wednesday. The company has a quick ratio of 0.86, a current ratio of 1.14 and a debt-to-equity ratio of 1.17. The business’s 50 day moving average price is $104.07 and its 200-day moving average price is $103.53. Grupo Aeroportuario del Centro Norte S.A.B. de C.V. has a 52 week low of $62.37 and a 52 week high of $116.25. The stock has a market cap of $4.53 billion, a P/E ratio of 18.86, a P/E/G ratio of 2.90 and a beta of 0.93.

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.