Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB) Shares Sold by O Shaughnessy Asset Management LLC

O Shaughnessy Asset Management LLC trimmed its stake in shares of Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB) by 2.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 21,454 shares of the transportation company’s stock after selling 520 shares during the period. O Shaughnessy Asset Management LLC owned about 0.05% of Grupo Aeroportuario del Centro Norte worth $1,473,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Venturi Wealth Management LLC raised its holdings in Grupo Aeroportuario del Centro Norte by 94.3% during the 4th quarter. Venturi Wealth Management LLC now owns 575 shares of the transportation company’s stock worth $39,000 after buying an additional 279 shares during the period. Fifth Third Bancorp acquired a new stake in shares of Grupo Aeroportuario del Centro Norte during the fourth quarter valued at approximately $48,000. Mirae Asset Global Investments Co. Ltd. lifted its position in shares of Grupo Aeroportuario del Centro Norte by 41.2% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 685 shares of the transportation company’s stock valued at $48,000 after acquiring an additional 200 shares in the last quarter. Barclays PLC acquired a new position in Grupo Aeroportuario del Centro Norte in the 3rd quarter worth approximately $72,000. Finally, SG Americas Securities LLC purchased a new position in Grupo Aeroportuario del Centro Norte during the 4th quarter worth approximately $116,000. Institutional investors and hedge funds own 9.53% of the company’s stock.

Grupo Aeroportuario del Centro Norte Stock Performance

OMAB stock opened at $76.79 on Friday. The stock has a market cap of $3.27 billion, a P/E ratio of 13.54 and a beta of 0.88. The company has a debt-to-equity ratio of 1.16, a quick ratio of 1.08 and a current ratio of 1.08. The firm has a 50 day simple moving average of $78.47 and a 200 day simple moving average of $72.65. Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. has a 52 week low of $59.08 and a 52 week high of $90.53.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group increased their target price on Grupo Aeroportuario del Centro Norte from $94.00 to $99.00 and gave the company a “buy” rating in a report on Wednesday, February 12th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, Grupo Aeroportuario del Centro Norte presently has an average rating of “Hold” and an average target price of $82.50.

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.