Sei Investments Co. Has $2.06 Million Stake in Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB)

Sei Investments Co. cut its stake in Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB - Free Report) by 10.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 29,978 shares of the transportation company's stock after selling 3,435 shares during the period. Sei Investments Co. owned 0.07% of Grupo Aeroportuario del Centro Norte worth $2,058,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of OMAB. Fisher Funds Management LTD bought a new position in Grupo Aeroportuario del Centro Norte in the fourth quarter valued at about $33,617,000. State Street Corp lifted 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 valued at $21,460,000 after purchasing an additional 19,683 shares during the period. abrdn plc boosted its stake in shares of Grupo Aeroportuario del Centro Norte by 1.4% in the 4th quarter. abrdn plc now owns 170,233 shares of the transportation company's stock valued at $11,723,000 after purchasing an additional 2,279 shares during the last quarter. National Bank of Canada FI grew its position in shares of Grupo Aeroportuario del Centro Norte by 130,579.6% during the 3rd quarter. National Bank of Canada FI now owns 121,532 shares of the transportation company's stock worth $8,242,000 after buying an additional 121,439 shares during the period. Finally, American Century Companies Inc. raised its stake in shares of Grupo Aeroportuario del Centro Norte by 6.0% during the fourth quarter. American Century Companies Inc. now owns 90,203 shares of the transportation company's stock worth $6,192,000 after buying an additional 5,127 shares during the last quarter. 9.53% of the stock is currently owned by institutional investors and hedge funds.

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Grupo Aeroportuario del Centro Norte Trading Up 2.0 %

Grupo Aeroportuario del Centro Norte stock traded up $1.52 during mid-day trading on Thursday, hitting $78.33. 220,021 shares of the company's stock were exchanged, compared to its average volume of 68,251. The company's 50 day simple moving average is $78.11 and its 200-day simple moving average is $72.75. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 1.16. The firm has a market capitalization of $3.33 billion, a P/E ratio of 13.81 and a beta of 0.88. 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.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group upped their price target on Grupo Aeroportuario del Centro Norte from $94.00 to $99.00 and gave the company a "buy" rating in a research note 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 issued a buy rating to the stock. Based on data from MarketBeat.com, Grupo Aeroportuario del Centro Norte has a consensus rating of "Hold" and an average target price of $82.50.

About Grupo Aeroportuario del Centro Norte

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.