Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB) Shares Acquired by ABS Direct Equity Fund LLC

ABS Direct Equity Fund LLC boosted its holdings in shares of Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB) by 165.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 36,700 shares of the transportation company’s stock after purchasing an additional 22,850 shares during the quarter. Grupo Aeroportuario del Centro Norte makes up 2.9% of ABS Direct Equity Fund LLC’s holdings, making the stock its 15th largest position. ABS Direct Equity Fund LLC owned about 0.09% of Grupo Aeroportuario del Centro Norte worth $2,519,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Walleye Capital LLC purchased a new position in shares of Grupo Aeroportuario del Centro Norte during the third quarter worth $822,000. State Street Corp lifted its position in shares of 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 purchased a new position in shares of Grupo Aeroportuario del Centro Norte during the third quarter worth about $72,000. Healthcare of Ontario Pension Plan Trust Fund grew its stake in Grupo Aeroportuario del Centro Norte by 355.1% during the 2nd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 53,700 shares of the transportation company’s stock worth $3,633,000 after buying an additional 41,900 shares during the last quarter. Finally, Centiva Capital LP grew its position in Grupo Aeroportuario del Centro Norte by 30.1% during the 3rd quarter. Centiva Capital LP now owns 5,839 shares of the transportation company’s stock worth $396,000 after purchasing an additional 1,351 shares during the last quarter. Hedge funds and other institutional investors own 9.53% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Bank of America downgraded shares of Grupo Aeroportuario del Centro Norte from a “buy” rating to an “underperform” rating and set a $71.50 target price on the stock. in a report on Friday, November 15th.

Grupo Aeroportuario del Centro Norte Stock Down 2.4 %

OMAB opened at $78.00 on Tuesday. The company has a debt-to-equity ratio of 1.16, a quick ratio of 1.08 and a current ratio of 1.08. The company has a market cap of $3.32 billion, a price-to-earnings ratio of 13.76 and a beta of 1.27. 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 business’s fifty day moving average is $71.22 and its two-hundred day moving average is $68.59.

Grupo Aeroportuario del Centro Norte Dividend Announcement

The firm also recently announced a Thrice Yearly dividend, which was paid on Wednesday, November 27th. Shareholders of record on Tuesday, November 19th were issued a dividend of $1.921 per share. The ex-dividend date of this dividend was Tuesday, November 19th. This represents a yield of 6.5%. Grupo Aeroportuario del Centro Norte’s dividend payout ratio (DPR) is currently 99.12%.

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.