Grupo Aeroportuario del Centro Norte S.A.B. de C.V. $OMAB Shares Sold by U S Global Investors Inc.

U S Global Investors Inc. lessened its holdings in Grupo Aeroportuario del Centro Norte S.A.B. de C.V. (NASDAQ:OMAB) by 26.8% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 41,326 shares of the transportation company’s stock after selling 15,155 shares during the quarter. U S Global Investors Inc. owned about 0.10% of Grupo Aeroportuario del Centro Norte worth $3,993,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Empowered Funds LLC lifted its holdings in shares of Grupo Aeroportuario del Centro Norte by 68.1% during the first quarter. Empowered Funds LLC now owns 168,401 shares of the transportation company’s stock valued at $19,321,000 after purchasing an additional 68,212 shares during the last quarter. Empirical Finance LLC boosted its position in shares of Grupo Aeroportuario del Centro Norte by 74.6% in the 1st quarter. Empirical Finance LLC now owns 168,343 shares of the transportation company’s stock worth $19,314,000 after purchasing an additional 71,924 shares in the last quarter. Militia Capital Management LLC purchased a new stake in shares of Grupo Aeroportuario del Centro Norte in the 1st quarter worth approximately $9,732,000. Sei Investments Co. grew its stake in shares of Grupo Aeroportuario del Centro Norte by 208.7% in the 1st quarter. Sei Investments Co. now owns 28,991 shares of the transportation company’s stock worth $3,326,000 after buying an additional 19,599 shares during the last quarter. Finally, Opal Capital LLC grew its stake in shares of Grupo Aeroportuario del Centro Norte by 14.1% in the 1st quarter. Opal Capital LLC now owns 15,136 shares of the transportation company’s stock worth $1,737,000 after buying an additional 1,870 shares during the last quarter. Institutional investors own 9.53% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently weighed in on OMAB shares. Weiss Ratings raised Grupo Aeroportuario del Centro Norte from a “hold (c-)” rating to a “hold (c)” rating in a research report on Tuesday, July 28th. Zacks Research raised Grupo Aeroportuario del Centro Norte from a “strong sell” rating to a “hold” rating in a report on Thursday, June 25th. Finally, JPMorgan Chase & Co. raised Grupo Aeroportuario del Centro Norte from an “underweight” rating to a “neutral” rating in a research note on Wednesday, July 22nd. Two investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, Grupo Aeroportuario del Centro Norte presently has a consensus rating of “Hold” and a consensus target price of $134.00.

Grupo Aeroportuario del Centro Norte Stock Down 0.3%

NASDAQ:OMAB opened at $98.38 on Friday. The company has a debt-to-equity ratio of 1.10, a quick ratio of 0.66 and a current ratio of 0.66. The firm has a market cap of $4.19 billion, a P/E ratio of 15.74, a P/E/G ratio of 1.27 and a beta of 0.61. Grupo Aeroportuario del Centro Norte S.A.B. de C.V. has a fifty-two week low of $87.31 and a fifty-two week high of $134.99. The firm has a 50-day simple moving average of $97.97 and a two-hundred day simple moving average of $104.35.

Grupo Aeroportuario del Centro Norte (NASDAQ:OMAB) last issued its earnings results on Wednesday, July 1st. The transportation company reported $1.74 earnings per share (EPS) for the quarter. Grupo Aeroportuario del Centro Norte had a net margin of 33.17% and a return on equity of 49.50%. The firm had revenue of $255.27 million for the quarter. Analysts predict that Grupo Aeroportuario del Centro Norte S.A.B. de C.V. will post 7.01 earnings per share for the current fiscal year.

About Grupo Aeroportuario del Centro Norte

Grupo Aeroportuario del Centro Norte, SAB. de C.V., operating under the OMA brand, is a Mexican airport infrastructure company. It develops, operates and maintains a portfolio of airports serving the central and northern regions of Mexico, including Monterrey International Airport and airports in destinations such as Acapulco, Chihuahua, Ciudad Juárez, Culiacán, Durango, Mazatlán, Reynosa, San Luis Potosí, Tampico, Torreón and Zacatecas.

OMA provides core airport services including passenger processing, aircraft landing and parking facilities, security-related infrastructure, baggage handling areas and cargo facilities.