Grupo Aeroportuario del Centro Norte S.A.B. de C.V. $OMAB Shares Purchased by Militia Capital Partners LP

Militia Capital Partners LP boosted its position in shares of Grupo Aeroportuario del Centro Norte S.A.B. de C.V. (NASDAQ:OMAB) by 6.1% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 83,046 shares of the transportation company’s stock after buying an additional 4,794 shares during the quarter. Grupo Aeroportuario del Centro Norte makes up about 4.1% of Militia Capital Partners LP’s portfolio, making the stock its largest position. Militia Capital Partners LP’s holdings in Grupo Aeroportuario del Centro Norte were worth $8,626,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in the business. Blue Trust Inc. grew its position in shares of Grupo Aeroportuario del Centro Norte by 34.5% during the 3rd quarter. Blue Trust Inc. now owns 491 shares of the transportation company’s stock worth $51,000 after buying an additional 126 shares during the period. EverSource Wealth Advisors LLC boosted its stake in Grupo Aeroportuario del Centro Norte by 288.3% in the second quarter. EverSource Wealth Advisors LLC now owns 365 shares of the transportation company’s stock valued at $39,000 after acquiring an additional 271 shares during the last quarter. ProShare Advisors LLC boosted its stake in Grupo Aeroportuario del Centro Norte by 8.0% in the second quarter. ProShare Advisors LLC now owns 3,736 shares of the transportation company’s stock valued at $394,000 after acquiring an additional 278 shares during the last quarter. Mather Group LLC. acquired a new stake in Grupo Aeroportuario del Centro Norte during the 3rd quarter worth $42,000. Finally, PNC Financial Services Group Inc. raised its position in shares of Grupo Aeroportuario del Centro Norte by 306.5% during the 2nd quarter. PNC Financial Services Group Inc. now owns 565 shares of the transportation company’s stock valued at $60,000 after acquiring an additional 426 shares during the last quarter. 9.53% of the stock is currently owned by institutional investors and hedge funds.

Grupo Aeroportuario del Centro Norte Stock Up 3.0%

Shares of NASDAQ OMAB opened at $108.75 on Tuesday. Grupo Aeroportuario del Centro Norte S.A.B. de C.V. has a 52-week low of $70.24 and a 52-week high of $134.99. The company has a debt-to-equity ratio of 1.17, a quick ratio of 1.14 and a current ratio of 1.14. The stock has a market cap of $4.63 billion, a P/E ratio of 18.53, a P/E/G ratio of 1.24 and a beta of 0.74. The firm has a 50 day moving average price of $118.01 and a 200 day moving average price of $109.65.

Grupo Aeroportuario del Centro Norte (NASDAQ:OMAB) last posted its earnings results on Tuesday, February 24th. The transportation company reported $1.40 earnings per share for the quarter, missing the consensus estimate of $1.65 by ($0.25). The firm had revenue of $228.23 million during the quarter, compared to analyst estimates of $241.63 million. Grupo Aeroportuario del Centro Norte had a return on equity of 54.36% and a net margin of 33.46%. Analysts expect that Grupo Aeroportuario del Centro Norte S.A.B. de C.V. will post 5.53 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on OMAB shares. Wall Street Zen downgraded Grupo Aeroportuario del Centro Norte from a “strong-buy” rating to a “buy” rating in a research note on Saturday. Zacks Research downgraded Grupo Aeroportuario del Centro Norte from a “strong-buy” rating to a “hold” rating in a report on Wednesday, February 25th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Grupo Aeroportuario del Centro Norte in a research note on Friday, January 9th. One equities research analyst has rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Grupo Aeroportuario del Centro Norte has an average rating of “Hold” and a consensus target price of $106.00.

Grupo Aeroportuario del Centro Norte Profile

Grupo Aeroportuario del Centro Norte, SAB. de C.V. (OMAB) is a Mexican airport operator that develops, manages and operates airports under long‐term concessions granted by the Federal Government of Mexico. The company’s core business covers all aspects of airport operations, including passenger processing, airfield services, security, ground handling, cargo handling and commercial activities such as retail, food and beverage, and parking.

OMA currently holds concession contracts for 13 airports in central and northern Mexico, serving key markets such as Monterrey, Ciudad Juárez, Culiacán, Hermosillo and Torreón.