Pekin Hardy Strauss Inc. Has $487,000 Stake in Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB)

Pekin Hardy Strauss Inc. trimmed its holdings in Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB) by 12.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 7,200 shares of the transportation company’s stock after selling 1,000 shares during the period. Pekin Hardy Strauss Inc.’s holdings in Grupo Aeroportuario del Centro Norte were worth $487,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. INCA Investments LLC boosted its position in shares of Grupo Aeroportuario del Centro Norte by 17.4% during the first quarter. INCA Investments LLC now owns 389,840 shares of the transportation company’s stock worth $30,832,000 after buying an additional 57,709 shares during the period. Russell Investments Group Ltd. boosted its position in shares of Grupo Aeroportuario del Centro Norte by 0.7% during the first quarter. Russell Investments Group Ltd. now owns 117,193 shares of the transportation company’s stock worth $9,269,000 after buying an additional 871 shares during the period. American Century Companies Inc. boosted its position in shares of Grupo Aeroportuario del Centro Norte by 6.1% during the second quarter. American Century Companies Inc. now owns 72,083 shares of the transportation company’s stock worth $4,876,000 after buying an additional 4,149 shares during the period. Maryland State Retirement & Pension System boosted its position in shares of Grupo Aeroportuario del Centro Norte by 1.1% during the second quarter. Maryland State Retirement & Pension System now owns 41,892 shares of the transportation company’s stock worth $2,834,000 after buying an additional 447 shares during the period. Finally, BNP Paribas Financial Markets boosted its position in shares of Grupo Aeroportuario del Centro Norte by 10.8% during the first quarter. BNP Paribas Financial Markets now owns 37,143 shares of the transportation company’s stock worth $2,938,000 after buying an additional 3,628 shares during the period. 9.53% of the stock is owned by institutional investors and hedge funds.

Grupo Aeroportuario del Centro Norte Price Performance

NASDAQ:OMAB opened at $73.46 on Wednesday. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 1.35. The stock’s 50 day moving average price is $66.72 and its two-hundred day moving average price is $73.19. The firm has a market capitalization of $3.12 billion, a price-to-earnings ratio of 12.30, a P/E/G ratio of 3.74 and a beta of 1.32. Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. has a 12-month low of $50.23 and a 12-month high of $98.92.

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

Analyst Ratings Changes

Several research firms have recently weighed in on OMAB. Morgan Stanley raised Grupo Aeroportuario del Centro Norte from an “equal weight” rating to an “overweight” rating and reduced their price objective for the stock from $82.00 to $77.00 in a research report on Friday, September 6th. StockNews.com cut 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.