Envestnet Asset Management Inc. Acquires 4,048 Shares of Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB)

Envestnet Asset Management Inc. raised its holdings in shares of Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB - Free Report) by 14.7% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 31,517 shares of the transportation company's stock after acquiring an additional 4,048 shares during the quarter. Envestnet Asset Management Inc. owned approximately 0.07% of Grupo Aeroportuario del Centro Norte worth $2,163,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Venturi Wealth Management LLC boosted its holdings in shares of Grupo Aeroportuario del Centro Norte by 94.3% in the 4th quarter. Venturi Wealth Management LLC now owns 575 shares of the transportation company's stock valued at $39,000 after buying an additional 279 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. boosted 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 buying an additional 200 shares during the last quarter. Fifth Third Bancorp acquired a new stake in shares of Grupo Aeroportuario del Centro Norte in the 4th quarter valued at approximately $48,000. Barclays PLC acquired a new stake in shares of Grupo Aeroportuario del Centro Norte in the 3rd quarter valued at approximately $72,000. Finally, SG Americas Securities LLC acquired a new stake in shares of Grupo Aeroportuario del Centro Norte in the 4th quarter valued at approximately $116,000. 9.53% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group raised their price target 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 given a hold rating and two have assigned a buy rating to the company's stock. According to data from MarketBeat.com, 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 Stock Down 0.0 %

Shares of OMAB opened at $90.13 on Monday. 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 $92.39. The firm has a market cap of $3.83 billion, a P/E ratio of 15.90 and a beta of 0.88. The firm's 50-day simple moving average is $79.23 and its 200 day simple moving average is $74.02. The company has a debt-to-equity ratio of 1.16, a quick ratio of 1.08 and a current ratio of 1.08.

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.

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