Maryland State Retirement & Pension System Has $3.48 Million Position in Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB)

Maryland State Retirement & Pension System trimmed its position in shares of Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB) by 0.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 41,146 shares of the transportation company’s stock after selling 279 shares during the quarter. Maryland State Retirement & Pension System owned approximately 0.10% of Grupo Aeroportuario del Centro Norte worth $3,482,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Healthcare of Ontario Pension Plan Trust Fund acquired a new stake in shares of Grupo Aeroportuario del Centro Norte during the third quarter worth $5,162,000. National Bank of Canada FI lifted its stake in shares of Grupo Aeroportuario del Centro Norte by 63.9% in the 4th quarter. National Bank of Canada FI now owns 114,214 shares of the transportation company’s stock valued at $9,299,000 after purchasing an additional 44,546 shares during the period. Allspring Global Investments Holdings LLC acquired a new position in shares of Grupo Aeroportuario del Centro Norte in the 4th quarter valued at about $3,203,000. Azimuth Capital Investment Management LLC boosted its position in shares of Grupo Aeroportuario del Centro Norte by 68.8% during the 3rd quarter. Azimuth Capital Investment Management LLC now owns 92,360 shares of the transportation company’s stock valued at $8,027,000 after purchasing an additional 37,635 shares in the last quarter. Finally, abrdn plc grew its stake in Grupo Aeroportuario del Centro Norte by 19.4% during the fourth quarter. abrdn plc now owns 226,535 shares of the transportation company’s stock worth $19,172,000 after purchasing an additional 36,763 shares during the period. 9.53% of the stock is currently owned by institutional investors.

Grupo Aeroportuario del Centro Norte Stock Up 0.0 %

Shares of NASDAQ OMAB traded up $0.03 during trading on Tuesday, hitting $86.64. 15,980 shares of the company traded hands, compared to its average volume of 52,586. The firm has a market capitalization of $3.73 billion, a price-to-earnings ratio of 14.49, a P/E/G ratio of 5.07 and a beta of 1.34. The business’s fifty day moving average is $76.91 and its 200 day moving average is $74.06. The company has a debt-to-equity ratio of 0.99, a quick ratio of 1.86 and a current ratio of 1.86. 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.

Grupo Aeroportuario del Centro Norte (NASDAQ:OMAB) last posted its quarterly earnings results on Thursday, February 22nd. The transportation company reported $1.53 earnings per share for the quarter, topping analysts’ consensus estimates of $1.34 by $0.19. The business had revenue of $211.59 million for the quarter. Grupo Aeroportuario del Centro Norte had a return on equity of 54.28% and a net margin of 34.67%. Equities research analysts predict that Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. will post 5.7 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group increased 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.

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.