Partners Group Holding AG Invests $1.56 Million in Grupo Aeroportuario del Centro Norte S.A.B. de C.V. $OMAB

Partners Group Holding AG bought a new position in shares of Grupo Aeroportuario del Centro Norte S.A.B. de C.V. (NASDAQ:OMAB) during the 4th quarter, HoldingsChannel reports. The fund bought 14,380 shares of the transportation company’s stock, valued at approximately $1,564,000.

Several other institutional investors and hedge funds have also made changes to their positions in OMAB. Triumph Capital Management acquired a new position in shares of Grupo Aeroportuario del Centro Norte during the 3rd quarter worth approximately $30,000. EverSource Wealth Advisors LLC boosted its holdings in shares of Grupo Aeroportuario del Centro Norte by 288.3% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 365 shares of the transportation company’s stock worth $39,000 after purchasing an additional 271 shares during the last quarter. Quantbot Technologies LP acquired a new position in shares of Grupo Aeroportuario del Centro Norte during the 2nd quarter worth approximately $56,000. Huntington National Bank boosted its holdings in shares of Grupo Aeroportuario del Centro Norte by 575.9% during the 3rd quarter. Huntington National Bank now owns 588 shares of the transportation company’s stock worth $61,000 after purchasing an additional 501 shares during the last quarter. Finally, Fifth Third Bancorp raised its position in shares of Grupo Aeroportuario del Centro Norte by 22.3% during the 4th quarter. Fifth Third Bancorp now owns 791 shares of the transportation company’s stock valued at $86,000 after buying an additional 144 shares during the period. 9.53% of the stock is currently owned by institutional investors and hedge funds.

Grupo Aeroportuario del Centro Norte Stock Down 1.1%

Shares of NASDAQ OMAB opened at $103.44 on Wednesday. The firm has a market cap of $4.40 billion, a price-to-earnings ratio of 17.30, a PEG ratio of 1.10 and a beta of 0.64. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 0.81. Grupo Aeroportuario del Centro Norte S.A.B. de C.V. has a 52-week low of $95.19 and a 52-week high of $134.99. The business’s 50 day moving average is $111.01 and its two-hundred day moving average is $111.81.

Grupo Aeroportuario del Centro Norte (NASDAQ:OMAB) last announced its earnings results on Tuesday, April 28th. The transportation company reported $1.41 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.49 by ($0.08). The firm had revenue of $213.33 million during the quarter, compared to analysts’ expectations of $199.73 million. Grupo Aeroportuario del Centro Norte had a net margin of 32.67% and a return on equity of 49.46%. Research analysts predict that Grupo Aeroportuario del Centro Norte S.A.B. de C.V. will post 6.99 EPS for the current year.

Grupo Aeroportuario del Centro Norte Announces Dividend

The company also recently announced a dividend, which will be paid on Wednesday, June 3rd. Shareholders of record on Tuesday, May 26th will be given a $2.9165 dividend. The ex-dividend date of this dividend is Tuesday, May 26th. This represents a yield of 558.0%. Grupo Aeroportuario del Centro Norte’s payout ratio is presently 73.75%.

Wall Street Analysts Forecast Growth

OMAB has been the topic of several analyst reports. Weiss Ratings lowered shares of Grupo Aeroportuario del Centro Norte from a “hold (c)” rating to a “hold (c-)” rating in a research report on Friday, May 1st. Citigroup raised shares of Grupo Aeroportuario del Centro Norte from a “neutral” rating to a “buy” rating in a research report on Friday, May 8th. Zacks Research lowered shares of Grupo Aeroportuario del Centro Norte from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, February 25th. HSBC raised shares of Grupo Aeroportuario del Centro Norte from a “hold” rating to a “buy” rating and lifted their price target for the company from $112.00 to $134.00 in a research report on Thursday, April 16th. Finally, Wall Street Zen lowered shares of Grupo Aeroportuario del Centro Norte from a “buy” rating to a “hold” rating in a research report on Saturday, May 2nd. Two investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Grupo Aeroportuario del Centro Norte currently has an average rating of “Hold” and an average price target of $134.00.

Grupo Aeroportuario del Centro Norte Company 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.