Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB) Shares Sold by Renaissance Technologies LLC

Renaissance Technologies LLC reduced its stake in Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB - Free Report) by 11.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 187,700 shares of the transportation company's stock after selling 24,000 shares during the quarter. Renaissance Technologies LLC owned about 0.44% of Grupo Aeroportuario del Centro Norte worth $12,884,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in OMAB. ABS Direct Equity Fund LLC lifted its holdings in shares of Grupo Aeroportuario del Centro Norte by 165.0% in the 4th quarter. ABS Direct Equity Fund LLC now owns 36,700 shares of the transportation company's stock worth $2,519,000 after acquiring an additional 22,850 shares during the last quarter. Arrowstreet Capital Limited Partnership increased its position in shares of Grupo Aeroportuario del Centro Norte by 30.8% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 173,672 shares of the transportation company's stock valued at $11,921,000 after acquiring an additional 40,878 shares during the period. State Street Corp raised its position in Grupo Aeroportuario del Centro Norte by 6.6% during the 3rd quarter. State Street Corp now owns 316,425 shares of the transportation company's stock worth $21,460,000 after buying an additional 19,683 shares during the last quarter. Barclays PLC acquired a new position in shares of Grupo Aeroportuario del Centro Norte in the 3rd quarter valued at about $72,000. Finally, Mirae Asset Global Investments Co. Ltd. boosted its holdings in Grupo Aeroportuario del Centro Norte by 41.2% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 685 shares of the transportation company's stock worth $48,000 after buying an additional 200 shares in the last quarter. Institutional investors own 9.53% of the company's stock.

Grupo Aeroportuario del Centro Norte Stock Performance

Shares of NASDAQ:OMAB traded up $0.59 on Monday, reaching $84.12. The company's stock had a trading volume of 6,766 shares, compared to its average volume of 69,007. 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 52-week low of $59.08 and a 52-week high of $90.53. The stock's 50-day moving average is $78.56 and its two-hundred day moving average is $73.34. The stock has a market capitalization of $3.58 billion, a P/E ratio of 14.83 and a beta of 0.88.

Wall Street Analyst Weigh In

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