American Century Companies Inc. Raises Position in Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB)

American Century Companies Inc. increased its holdings in Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB) by 5.8% during the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 59,648 shares of the transportation company’s stock after buying an additional 3,286 shares during the period. American Century Companies Inc. owned 0.14% of Grupo Aeroportuario del Centro Norte worth $5,184,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in OMAB. Bank of New York Mellon Corp raised its position in shares of Grupo Aeroportuario del Centro Norte by 8.8% in the first quarter. Bank of New York Mellon Corp now owns 20,985 shares of the transportation company’s stock worth $1,253,000 after buying an additional 1,703 shares in the last quarter. Great West Life Assurance Co. Can raised its position in shares of Grupo Aeroportuario del Centro Norte by 17.5% in the first quarter. Great West Life Assurance Co. Can now owns 22,378 shares of the transportation company’s stock worth $1,422,000 after buying an additional 3,332 shares in the last quarter. Mackenzie Financial Corp raised its position in shares of Grupo Aeroportuario del Centro Norte by 57.2% in the first quarter. Mackenzie Financial Corp now owns 82,991 shares of the transportation company’s stock worth $4,954,000 after buying an additional 30,212 shares in the last quarter. Renaissance Group LLC raised its position in shares of Grupo Aeroportuario del Centro Norte by 6.8% in the first quarter. Renaissance Group LLC now owns 20,759 shares of the transportation company’s stock worth $1,239,000 after buying an additional 1,328 shares in the last quarter. Finally, Northern Trust Corp purchased a new stake in shares of Grupo Aeroportuario del Centro Norte in the first quarter worth $203,000. Hedge funds and other institutional investors own 9.53% of the company’s stock.

Analyst Ratings Changes

Separately, The Goldman Sachs Group increased their target price on Grupo Aeroportuario del Centro Norte from $79.00 to $94.00 and gave the company a “buy” rating in a research note on Friday, January 26th.

Grupo Aeroportuario del Centro Norte Stock Up 2.2 %

Shares of NASDAQ:OMAB opened at $79.00 on Thursday. The stock’s 50-day moving average price is $71.99 and its 200-day moving average price is $74.46. 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 $100.21. The stock has a market capitalization of $3.40 billion, a P/E ratio of 13.23, a price-to-earnings-growth ratio of 4.52 and a beta of 1.38. The company has a current ratio of 2.02, a quick ratio of 1.86 and a debt-to-equity ratio of 1.10.

Grupo Aeroportuario del Centro Norte (NASDAQ:OMAB) last announced its quarterly earnings data on Thursday, February 22nd. The transportation company reported $1.53 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.34 by $0.19. Grupo Aeroportuario del Centro Norte had a return on equity of 59.61% and a net margin of 34.70%. The firm had revenue of $211.59 million for the quarter. On average, equities analysts anticipate that Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. will post 5.52 earnings per share for the current year.

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.