Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB – Get Free Report) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $72.92 and traded as high as $75.96. Grupo Aeroportuario del Centro Norte shares last traded at $75.30, with a volume of 26,246 shares.
Wall Street Analysts Forecast Growth
Separately, The Goldman Sachs Group upped their price target on Grupo Aeroportuario del Centro Norte from $79.00 to $94.00 and gave the stock a “buy” rating in a report on Friday, January 26th.
Check Out Our Latest Report on OMAB
Grupo Aeroportuario del Centro Norte Stock Performance
Grupo Aeroportuario del Centro Norte (NASDAQ:OMAB – Get Free Report) last released 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 return on equity of 59.61% and a net margin of 34.70%. Equities analysts forecast that Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. will post 5.52 EPS for the current year.
Hedge Funds Weigh In On Grupo Aeroportuario del Centro Norte
Several large investors have recently added to or reduced their stakes in OMAB. Bank of New York Mellon Corp lifted its stake in Grupo Aeroportuario del Centro Norte by 8.8% during the first quarter. Bank of New York Mellon Corp now owns 20,985 shares of the transportation company’s stock worth $1,253,000 after purchasing an additional 1,703 shares during the last quarter. Great West Life Assurance Co. Can increased its position in Grupo Aeroportuario del Centro Norte by 17.5% in the first quarter. Great West Life Assurance Co. Can now owns 22,378 shares of the transportation company’s stock worth $1,422,000 after buying an additional 3,332 shares during the period. Mackenzie Financial Corp increased its position in Grupo Aeroportuario del Centro Norte by 57.2% in the first quarter. Mackenzie Financial Corp now owns 82,991 shares of the transportation company’s stock worth $4,954,000 after buying an additional 30,212 shares during the period. Renaissance Group LLC increased its position in Grupo Aeroportuario del Centro Norte by 6.8% in the first quarter. Renaissance Group LLC now owns 20,759 shares of the transportation company’s stock worth $1,239,000 after buying an additional 1,328 shares during the period. Finally, Northern Trust Corp acquired a new stake in Grupo Aeroportuario del Centro Norte in the first quarter worth $203,000. 9.53% of the stock is currently owned by institutional investors.
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.
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