Malaga Cove Capital LLC Has $1.32 Million Stake in Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB)

Malaga Cove Capital LLC lifted its position in shares of Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB) by 13.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 19,504 shares of the transportation company’s stock after purchasing an additional 2,293 shares during the period. Malaga Cove Capital LLC’s holdings in Grupo Aeroportuario del Centro Norte were worth $1,323,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. 1832 Asset Management L.P. bought a new stake in shares of Grupo Aeroportuario del Centro Norte in the 2nd quarter valued at about $11,318,000. Russell Investments Group Ltd. increased its position in Grupo Aeroportuario del Centro Norte by 0.7% during the 1st quarter. Russell Investments Group Ltd. now owns 117,193 shares of the transportation company’s stock valued at $9,269,000 after purchasing an additional 871 shares during the period. American Century Companies Inc. raised its holdings in Grupo Aeroportuario del Centro Norte by 6.1% during the 2nd quarter. American Century Companies Inc. now owns 72,083 shares of the transportation company’s stock worth $4,876,000 after purchasing an additional 4,149 shares during the last quarter. Marshall Wace LLP lifted its position in shares of Grupo Aeroportuario del Centro Norte by 78.1% in the 2nd quarter. Marshall Wace LLP now owns 69,809 shares of the transportation company’s stock worth $4,723,000 after purchasing an additional 30,604 shares during the period. Finally, Mackenzie Financial Corp boosted its stake in shares of Grupo Aeroportuario del Centro Norte by 10.6% in the 2nd quarter. Mackenzie Financial Corp now owns 62,185 shares of the transportation company’s stock valued at $4,207,000 after purchasing an additional 5,949 shares during the last quarter. Institutional investors own 9.53% of the company’s stock.

Grupo Aeroportuario del Centro Norte Stock Performance

Shares of Grupo Aeroportuario del Centro Norte stock opened at $66.17 on Thursday. The business has a 50-day simple moving average of $67.80 and a 200 day simple moving average of $71.50. The firm has a market capitalization of $2.82 billion, a price-to-earnings ratio of 11.67, a PEG ratio of 3.92 and a beta of 1.31. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.08 and a quick ratio of 1.08. Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. has a one year low of $58.85 and a one year high of $90.53.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on OMAB shares. Morgan Stanley upgraded shares of Grupo Aeroportuario del Centro Norte from an “equal weight” rating to an “overweight” rating and dropped their target price for the company from $82.00 to $77.00 in a report on Friday, September 6th. Scotiabank upgraded Grupo Aeroportuario del Centro Norte from a “sector underperform” rating to a “sector perform” rating in a report on Wednesday, September 25th. Finally, StockNews.com cut Grupo Aeroportuario del Centro Norte from a “buy” rating to a “hold” rating in a 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.