O Shaughnessy Asset Management LLC Sells 9,810 Shares of Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB)

O Shaughnessy Asset Management LLC trimmed its holdings in shares of Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB) by 29.6% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 23,305 shares of the transportation company’s stock after selling 9,810 shares during the period. O Shaughnessy Asset Management LLC owned approximately 0.05% of Grupo Aeroportuario del Centro Norte worth $1,843,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Russell Investments Group Ltd. boosted its holdings in shares of Grupo Aeroportuario del Centro Norte by 0.7% during the 1st quarter. Russell Investments Group Ltd. now owns 117,193 shares of the transportation company’s stock worth $9,269,000 after buying an additional 871 shares in the last quarter. Meixler Investment Management Ltd. raised its position in shares of Grupo Aeroportuario del Centro Norte by 7.1% during the first quarter. Meixler Investment Management Ltd. now owns 7,444 shares of the transportation company’s stock worth $589,000 after purchasing an additional 493 shares during the period. INCA Investments LLC raised its position in shares of Grupo Aeroportuario del Centro Norte by 17.4% during the first quarter. INCA Investments LLC now owns 389,840 shares of the transportation company’s stock worth $30,832,000 after purchasing an additional 57,709 shares during the period. BNP Paribas Financial Markets raised its position in shares of Grupo Aeroportuario del Centro Norte by 10.8% during the first quarter. BNP Paribas Financial Markets now owns 37,143 shares of the transportation company’s stock worth $2,938,000 after purchasing an additional 3,628 shares during the period. Finally, Naples Global Advisors LLC raised its position in shares of Grupo Aeroportuario del Centro Norte by 5.2% during the first quarter. Naples Global Advisors LLC now owns 14,285 shares of the transportation company’s stock worth $1,130,000 after purchasing an additional 700 shares during the period. 9.53% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on OMAB shares. StockNews.com lowered Grupo Aeroportuario del Centro Norte from a “buy” rating to a “hold” rating in a research report on Thursday, July 11th. Scotiabank lowered Grupo Aeroportuario del Centro Norte from a “sector perform” rating to a “sector underperform” rating in a research report on Wednesday, May 15th.

Grupo Aeroportuario del Centro Norte Trading Down 1.0 %

NASDAQ OMAB opened at $70.58 on Thursday. The firm has a market capitalization of $3.00 billion, a P/E ratio of 11.82, a PEG ratio of 3.89 and a beta of 1.33. The business has a fifty day simple moving average of $73.44 and a 200 day simple moving average of $75.44. Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. has a 12 month low of $50.23 and a 12 month high of $100.21. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.99.

Grupo Aeroportuario del Centro Norte (NASDAQ:OMAB) last released its quarterly earnings results on Thursday, April 25th. The transportation company reported $1.24 EPS for the quarter, beating analysts’ consensus estimates of $1.19 by $0.05. The business had revenue of $189.64 million during the quarter. Grupo Aeroportuario del Centro Norte had a return on equity of 54.28% and a net margin of 34.67%. On average, analysts predict that Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. will post 5.98 EPS for the current fiscal year.

Grupo Aeroportuario del Centro Norte Increases Dividend

The firm also recently announced a — dividend, which was paid on Friday, May 31st. Stockholders of record on Wednesday, May 22nd were paid a dividend of $2.5963 per share. This represents a dividend yield of 5.3%. This is a boost from Grupo Aeroportuario del Centro Norte’s previous — dividend of $2.14. The ex-dividend date was Tuesday, May 21st. Grupo Aeroportuario del Centro Norte’s payout ratio is presently 76.88%.

Grupo Aeroportuario del Centro Norte Company Profile

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.