Healthcare of Ontario Pension Plan Trust Fund Sells 11,800 Shares of Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB)

Healthcare of Ontario Pension Plan Trust Fund trimmed its position in Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB - Free Report) by 22.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 41,900 shares of the transportation company's stock after selling 11,800 shares during the quarter. Healthcare of Ontario Pension Plan Trust Fund owned 0.10% of Grupo Aeroportuario del Centro Norte worth $2,842,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Signaturefd LLC raised its holdings in Grupo Aeroportuario del Centro Norte by 109.2% in the 3rd quarter. Signaturefd LLC now owns 498 shares of the transportation company's stock worth $34,000 after purchasing an additional 260 shares in the last quarter. US Bancorp DE raised its holdings in Grupo Aeroportuario del Centro Norte by 143.8% in the third quarter. US Bancorp DE now owns 507 shares of the transportation company's stock worth $34,000 after purchasing an additional 299 shares in the last quarter. Blue Trust Inc. lifted its position in Grupo Aeroportuario del Centro Norte by 565.3% during the second quarter. Blue Trust Inc. now owns 1,131 shares of the transportation company's stock valued at $77,000 after buying an additional 961 shares during the period. Virtu Financial LLC purchased a new position in Grupo Aeroportuario del Centro Norte during the first quarter valued at $202,000. Finally, Creative Planning boosted its holdings in shares of Grupo Aeroportuario del Centro Norte by 10.5% during the 2nd quarter. Creative Planning now owns 4,444 shares of the transportation company's stock valued at $301,000 after buying an additional 423 shares in the last quarter. 9.53% of the stock is currently owned by institutional investors.

Grupo Aeroportuario del Centro Norte Stock Up 0.6 %

Shares of OMAB traded up $0.36 on Friday, hitting $65.23. 41,320 shares of the stock traded hands, compared to its average volume of 64,918. Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. has a one year low of $59.08 and a one year high of $90.53. The company has a market capitalization of $2.77 billion, a PE ratio of 11.50, a P/E/G ratio of 3.94 and a beta of 1.31. The business has a 50 day simple moving average of $67.02 and a 200 day simple moving average of $69.06. 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 Announces Dividend

The firm also recently declared a Thrice Yearly dividend, which was paid on Wednesday, November 27th. Stockholders of record on Tuesday, November 19th were paid a $1.921 dividend. This represents a dividend yield of 6.5%. The ex-dividend date was Tuesday, November 19th. Grupo Aeroportuario del Centro Norte's dividend payout ratio is currently 99.12%.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on OMAB shares. Bank of America lowered shares of Grupo Aeroportuario del Centro Norte from a "buy" rating to an "underperform" rating and set a $71.50 price objective on the stock. in a research note on Friday, November 15th. Morgan Stanley upgraded Grupo Aeroportuario del Centro Norte from an "equal weight" rating to an "overweight" rating and lowered their price objective for the company from $82.00 to $77.00 in a research note on Friday, September 6th. Finally, Scotiabank raised Grupo Aeroportuario del Centro Norte from a "sector underperform" rating to a "sector perform" rating in a research note on Wednesday, September 25th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $80.83.

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.