Pekin Hardy Strauss Inc. Buys New Shares in Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB)

Pekin Hardy Strauss Inc. purchased a new stake in shares of Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 7,250 shares of the transportation company’s stock, valued at approximately $614,000.

A number of other hedge funds have also recently bought and sold shares of OMAB. INCA Investments LLC boosted its stake in shares of Grupo Aeroportuario del Centro Norte by 10.3% during the 4th quarter. INCA Investments LLC now owns 332,131 shares of the transportation company’s stock worth $28,108,000 after acquiring an additional 30,987 shares during the period. Campbell & CO Investment Adviser LLC boosted its holdings in shares of Grupo Aeroportuario del Centro Norte by 202.2% during the 3rd quarter. Campbell & CO Investment Adviser LLC now owns 14,050 shares of the transportation company’s stock worth $1,221,000 after buying an additional 9,400 shares during the period. Allspring Global Investments Holdings LLC acquired a new stake in Grupo Aeroportuario del Centro Norte during the fourth quarter worth approximately $3,203,000. Alpine Global Management LLC acquired a new position in shares of Grupo Aeroportuario del Centro Norte in the third quarter valued at approximately $375,000. Finally, Yorktown Management & Research Co Inc increased its stake in shares of Grupo Aeroportuario del Centro Norte by 33.8% during the fourth quarter. Yorktown Management & Research Co Inc now owns 4,550 shares of the transportation company’s stock worth $385,000 after purchasing an additional 1,150 shares during the period. 9.53% of the stock is currently owned by institutional investors.

Grupo Aeroportuario del Centro Norte Stock Performance

NASDAQ:OMAB opened at $88.24 on Wednesday. The company has a market cap of $3.79 billion, a price-to-earnings ratio of 14.78, a PEG ratio of 5.19 and a beta of 1.40. The company has a debt-to-equity ratio of 1.10, a quick ratio of 1.86 and a current ratio of 2.02. Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. has a fifty-two week low of $50.23 and a fifty-two week high of $100.21. The stock has a fifty day moving average price of $75.30 and a 200-day moving average price of $73.36.

Grupo Aeroportuario del Centro Norte (NASDAQ:OMAB) last issued its earnings results on Thursday, February 22nd. The transportation company reported $1.53 EPS for the quarter, beating the consensus estimate of $1.34 by $0.19. The company had revenue of $211.59 million during the quarter. Grupo Aeroportuario del Centro Norte had a net margin of 34.70% and a return on equity of 59.61%. As a group, equities analysts anticipate that Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. will post 5.7 EPS for the current fiscal year.

Analyst Ratings Changes

Separately, The Goldman Sachs Group boosted their price target on Grupo Aeroportuario del Centro Norte from $79.00 to $94.00 and gave the company a “buy” rating in a research note on Friday, January 26th.

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.