Arrowstreet Capital Limited Partnership Has $11.92 Million Position in Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB)

Arrowstreet Capital Limited Partnership lifted its stake in shares of Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB - Free Report) by 30.8% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 173,672 shares of the transportation company's stock after purchasing an additional 40,878 shares during the period. Arrowstreet Capital Limited Partnership owned about 0.41% of Grupo Aeroportuario del Centro Norte worth $11,921,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of OMAB. Fisher Funds Management LTD bought a new position in Grupo Aeroportuario del Centro Norte in the fourth quarter worth about $33,617,000. National Bank of Canada FI raised its holdings in shares of Grupo Aeroportuario del Centro Norte by 130,579.6% during the third quarter. National Bank of Canada FI now owns 121,532 shares of the transportation company's stock valued at $8,242,000 after buying an additional 121,439 shares during the last quarter. ABS Direct Equity Fund LLC raised its holdings in shares of Grupo Aeroportuario del Centro Norte by 165.0% during the fourth quarter. ABS Direct Equity Fund LLC now owns 36,700 shares of the transportation company's stock valued at $2,519,000 after buying an additional 22,850 shares during the last quarter. State Street Corp raised its holdings in Grupo Aeroportuario del Centro Norte by 6.6% during the third quarter. State Street Corp now owns 316,425 shares of the transportation company's stock worth $21,460,000 after purchasing an additional 19,683 shares in the last quarter. Finally, Walleye Capital LLC bought a new stake in Grupo Aeroportuario del Centro Norte during the third quarter worth approximately $822,000. Institutional investors own 9.53% of the company's stock.

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Wall Street Analyst Weigh In

Separately, Jefferies Financial Group boosted their target price on Grupo Aeroportuario del Centro Norte from $94.00 to $99.00 and gave the stock a "buy" rating in a report on Wednesday, February 12th. One analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $82.50.

Grupo Aeroportuario del Centro Norte Trading Up 2.0 %

NASDAQ OMAB traded up $1.57 on Thursday, hitting $78.38. 16,184 shares of the stock were exchanged, compared to its average volume of 69,720. 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. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.08 and a quick ratio of 1.08. The company has a market capitalization of $3.33 billion, a price-to-earnings ratio of 13.82 and a beta of 0.88. The company's 50-day moving average price is $78.10 and its two-hundred day moving average price is $72.72.

Grupo Aeroportuario del Centro Norte 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.