Parvin Asset Management LLC Buys New Shares in Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB)

Parvin Asset Management LLC bought a new stake in Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 12,390 shares of the transportation company’s stock, valued at approximately $850,000.

Several other hedge funds and other institutional investors have also bought and sold shares of OMAB. Tower Research Capital LLC TRC increased its stake in Grupo Aeroportuario del Centro Norte by 3,581.8% in the fourth quarter. Tower Research Capital LLC TRC now owns 405 shares of the transportation company’s stock valued at $28,000 after purchasing an additional 394 shares in the last quarter. Venturi Wealth Management LLC increased its stake in Grupo Aeroportuario del Centro Norte by 94.3% in the fourth quarter. Venturi Wealth Management LLC now owns 575 shares of the transportation company’s stock valued at $39,000 after purchasing an additional 279 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. increased its stake in 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 valued at $48,000 after purchasing an additional 200 shares in the last quarter. Fifth Third Bancorp bought a new stake in Grupo Aeroportuario del Centro Norte in the fourth quarter valued at $48,000. Finally, Barclays PLC bought a new stake in Grupo Aeroportuario del Centro Norte in the third quarter valued at $72,000. Institutional investors and hedge funds own 9.53% of the company’s stock.

Grupo Aeroportuario del Centro Norte Price Performance

Shares of NASDAQ OMAB opened at $85.90 on Wednesday. The stock has a market cap of $3.65 billion, a PE ratio of 15.15 and a beta of 0.88. Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. has a fifty-two week low of $59.08 and a fifty-two week 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 stock has a fifty day moving average of $79.45 and a 200-day moving average of $74.24.

Grupo Aeroportuario del Centro Norte (NASDAQ:OMAB) last posted its earnings results on Thursday, April 24th. The transportation company reported $1.30 EPS for the quarter, topping the consensus estimate of $1.23 by $0.07. Grupo Aeroportuario del Centro Norte had a return on equity of 51.74% and a net margin of 35.31%. Equities research analysts anticipate that Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. will post 5.53 earnings per share for the current year.

Analysts Set New Price Targets

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

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.