Nuveen Asset Management LLC trimmed its holdings in shares of Grupo Aeroportuario del Centro Nort (NASDAQ:OMAB) by 25.7% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 47,327 shares of the transportation company’s stock after selling 16,404 shares during the period. Nuveen Asset Management LLC’s holdings in Grupo Aeroportuario del Centro Nort were worth $2,313,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of OMAB. Quantamental Technologies LLC boosted its position in Grupo Aeroportuario del Centro Nort by 58.5% during the second quarter. Quantamental Technologies LLC now owns 653 shares of the transportation company’s stock valued at $32,000 after buying an additional 241 shares during the period. Stevens Capital Management LP purchased a new stake in Grupo Aeroportuario del Centro Nort during the second quarter valued at about $252,000. Bank of Nova Scotia purchased a new stake in Grupo Aeroportuario del Centro Nort during the second quarter valued at about $259,000. Connor Clark & Lunn Investment Management Ltd. purchased a new stake in Grupo Aeroportuario del Centro Nort during the second quarter valued at about $265,000. Finally, Wells Fargo & Company MN boosted its position in Grupo Aeroportuario del Centro Nort by 6,164.4% during the second quarter. Wells Fargo & Company MN now owns 6,327 shares of the transportation company’s stock valued at $309,000 after buying an additional 6,226 shares during the period. Institutional investors and hedge funds own 10.61% of the company’s stock.

Shares of Grupo Aeroportuario del Centro Nort stock traded down $0.27 during trading on Wednesday, reaching $53.09. 7,712 shares of the stock were exchanged, compared to its average volume of 55,751. The company has a quick ratio of 2.97, a current ratio of 2.97 and a debt-to-equity ratio of 0.55. The stock’s fifty day moving average is $48.74 and its 200 day moving average is $48.84. The firm has a market cap of $2.60 billion, a price-to-earnings ratio of 17.99, a price-to-earnings-growth ratio of 5.23 and a beta of 0.79. Grupo Aeroportuario del Centro Nort has a 1 year low of $33.39 and a 1 year high of $54.64.

Grupo Aeroportuario del Centro Nort (NASDAQ:OMAB) last posted its earnings results on Wednesday, July 24th. The transportation company reported $0.90 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.85 by $0.05. The company had revenue of $113.38 million during the quarter. Grupo Aeroportuario del Centro Nort had a net margin of 39.59% and a return on equity of 37.31%. Equities analysts forecast that Grupo Aeroportuario del Centro Nort will post 3.37 earnings per share for the current year.

Several analysts have issued reports on OMAB shares. UBS Group upgraded shares of Grupo Aeroportuario del Centro Nort from a “neutral” rating to a “buy” rating in a research report on Tuesday, September 24th. Zacks Investment Research lowered shares of Grupo Aeroportuario del Centro Nort from a “buy” rating to a “hold” rating in a research report on Tuesday. BidaskClub upgraded shares of Grupo Aeroportuario del Centro Nort from a “buy” rating to a “strong-buy” rating in a research report on Saturday. Finally, ValuEngine lowered shares of Grupo Aeroportuario del Centro Nort from a “buy” rating to a “hold” rating in a report on Friday, June 28th. Four research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. Grupo Aeroportuario del Centro Nort presently has a consensus rating of “Buy” and an average price target of $52.00.

Grupo Aeroportuario del Centro Nort Company Profile

Grupo Aeroportuario del Centro Norte, S. A. B. de C. V., through its subsidiaries, holds concessions to develop, operate, and maintain airports in Mexico. The company operates 13 international airports in Monterrey, Acapulco, Mazatlán, Zihuatanejo, Chihuahua, Culiacán, Durango, San Luis Potosí, Tampico, Torreón, Zacatecas, Ciudad Juárez, and Reynosa cities.

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Institutional Ownership by Quarter for Grupo Aeroportuario del Centro Nort (NASDAQ:OMAB)

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