Grupo Aeroportuario Centro Norte (OMAB) Shares Bought by Freestone Capital Holdings LLC

Freestone Capital Holdings LLC boosted its holdings in Grupo Aeroportuario Centro Norte (NASDAQ:OMAB) by 115.0% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 136,110 shares of the transportation company’s stock after buying an additional 72,817 shares during the quarter. Freestone Capital Holdings LLC’s holdings in Grupo Aeroportuario Centro Norte were worth $5,365,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Compass Group LLC acquired a new stake in Grupo Aeroportuario Centro Norte in the fourth quarter valued at about $3,158,000. Renaissance Technologies LLC boosted its stake in Grupo Aeroportuario Centro Norte by 21.3% in the fourth quarter. Renaissance Technologies LLC now owns 472,800 shares of the transportation company’s stock valued at $19,612,000 after buying an additional 83,000 shares in the last quarter. Smith Asset Management Group LP boosted its stake in Grupo Aeroportuario Centro Norte by 51.5% in the first quarter. Smith Asset Management Group LP now owns 18,820 shares of the transportation company’s stock valued at $742,000 after buying an additional 6,400 shares in the last quarter. BlackRock Inc. boosted its stake in Grupo Aeroportuario Centro Norte by 12.1% in the fourth quarter. BlackRock Inc. now owns 549,698 shares of the transportation company’s stock valued at $22,801,000 after buying an additional 59,457 shares in the last quarter. Finally, AMP Capital Investors Ltd boosted its stake in Grupo Aeroportuario Centro Norte by 78.1% in the fourth quarter. AMP Capital Investors Ltd now owns 928,553 shares of the transportation company’s stock valued at $38,516,000 after buying an additional 407,253 shares in the last quarter. 16.66% of the stock is currently owned by institutional investors and hedge funds.

Several analysts recently weighed in on the company. ValuEngine lowered Grupo Aeroportuario Centro Norte from a “sell” rating to a “strong sell” rating in a research note on Wednesday, June 6th. Scotiabank raised Grupo Aeroportuario Centro Norte from an “underperform” rating to a “sector perform” rating in a research note on Tuesday. BidaskClub raised Grupo Aeroportuario Centro Norte from a “sell” rating to a “hold” rating in a research note on Friday, April 13th. UBS Group lowered Grupo Aeroportuario Centro Norte from an “outperform” rating to a “market perform” rating in a research note on Wednesday. Finally, Zacks Investment Research raised Grupo Aeroportuario Centro Norte from a “hold” rating to a “buy” rating and set a $46.00 price objective on the stock in a research note on Tuesday, February 27th. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $46.00.

Shares of OMAB stock opened at $39.34 on Thursday. Grupo Aeroportuario Centro Norte has a 12 month low of $37.45 and a 12 month high of $52.51. The stock has a market cap of $1.69 billion, a PE ratio of 17.96, a PEG ratio of 4.52 and a beta of 0.65. The company has a current ratio of 3.24, a quick ratio of 3.24 and a debt-to-equity ratio of 0.58.

Grupo Aeroportuario Centro Norte (NASDAQ:OMAB) last announced its quarterly earnings results on Tuesday, April 17th. The transportation company reported $0.67 EPS for the quarter, beating the Zacks’ consensus estimate of $0.60 by $0.07. Grupo Aeroportuario Centro Norte had a return on equity of 33.76% and a net margin of 31.13%. The firm had revenue of $103.10 million for the quarter. equities analysts predict that Grupo Aeroportuario Centro Norte will post 2.89 EPS for the current year.

The company also recently declared a special dividend, which was paid on Wednesday, June 6th. Stockholders of record on Thursday, May 31st were paid a dividend of $1.6335 per share. This is a positive change from Grupo Aeroportuario Centro Norte’s previous special dividend of $1.56. The ex-dividend date was Wednesday, May 30th. Grupo Aeroportuario Centro Norte’s dividend payout ratio (DPR) is presently 64.38%.

Grupo Aeroportuario Centro Norte Company Profile

Grupo Aeroportuario del Centro Norte, S. A. B. de C. V., through its subsidiaries, holds concessions to develop, operate, and maintain airports in Mexico. It also operates NH Collection Hotel in Terminal 2 of the Mexico City International Airport; and a hotel under the Hilton Garden Inn name at the Monterrey Airport.

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Institutional Ownership by Quarter for Grupo Aeroportuario Centro Norte (NASDAQ:OMAB)

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