487,103 Shares in Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB) Purchased by Fisher Funds Management LTD

Fisher Funds Management LTD purchased a new stake in Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 487,103 shares of the transportation company’s stock, valued at approximately $33,617,000. Fisher Funds Management LTD owned approximately 1.15% of Grupo Aeroportuario del Centro Norte as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in OMAB. Signaturefd LLC grew its stake in shares of Grupo Aeroportuario del Centro Norte by 109.2% in the third quarter. Signaturefd LLC now owns 498 shares of the transportation company’s stock valued at $34,000 after buying an additional 260 shares in the last quarter. US Bancorp DE grew its position in shares of Grupo Aeroportuario del Centro Norte by 143.8% in the 3rd quarter. US Bancorp DE now owns 507 shares of the transportation company’s stock valued at $34,000 after acquiring an additional 299 shares during the period. Venturi Wealth Management LLC increased its stake in shares of 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 purchasing an additional 279 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. raised its holdings 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 purchasing an additional 200 shares during the period. Finally, Fifth Third Bancorp acquired a new stake in Grupo Aeroportuario del Centro Norte in the 4th quarter valued at about $48,000. Institutional investors and hedge funds own 9.53% of the company’s stock.

Wall Street Analysts Forecast Growth

OMAB has been the topic of a number of recent analyst reports. Jefferies Financial Group boosted their price target on Grupo Aeroportuario del Centro Norte from $94.00 to $99.00 and gave the stock a “buy” rating in a research report on Wednesday, February 12th. Bank of America lowered Grupo Aeroportuario del Centro Norte from a “buy” rating to an “underperform” rating and set a $71.50 target price on the stock. in a report on Friday, November 15th. 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 data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $82.50.

Grupo Aeroportuario del Centro Norte Price Performance

Shares of NASDAQ OMAB opened at $79.89 on Friday. The business has a fifty day moving average price of $75.58 and a two-hundred day moving average price of $69.91. The stock has a market capitalization of $3.40 billion, a PE ratio of 14.09 and a beta of 1.28. 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 fifty-two week low of $59.08 and a fifty-two week high of $90.53.

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.