Metis Global Partners LLC Has $2.75 Million Position in Grupo Aeroportuario del Centro Norte S.A.B. de C.V. $OMAB

Metis Global Partners LLC lifted its holdings in shares of Grupo Aeroportuario del Centro Norte S.A.B. de C.V. (NASDAQ:OMAB) by 27.5% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 26,050 shares of the transportation company’s stock after acquiring an additional 5,615 shares during the quarter. Metis Global Partners LLC owned approximately 0.06% of Grupo Aeroportuario del Centro Norte worth $2,748,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. US Bancorp DE increased its position in Grupo Aeroportuario del Centro Norte by 25.6% during the 1st quarter. US Bancorp DE now owns 761 shares of the transportation company’s stock worth $60,000 after buying an additional 155 shares during the period. Mirae Asset Global Investments Co. Ltd. grew its position in shares of Grupo Aeroportuario del Centro Norte by 133.5% during the 2nd quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,443 shares of the transportation company’s stock worth $152,000 after purchasing an additional 825 shares in the last quarter. Ballentine Partners LLC bought a new position in shares of Grupo Aeroportuario del Centro Norte during the second quarter worth approximately $211,000. Avidian Wealth Enterprises LLC acquired a new stake in shares of Grupo Aeroportuario del Centro Norte in the second quarter valued at approximately $213,000. Finally, Alamar Capital Management LLC bought a new stake in shares of Grupo Aeroportuario del Centro Norte in the second quarter valued at approximately $222,000. 9.53% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on OMAB shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Grupo Aeroportuario del Centro Norte in a research report on Tuesday, October 14th. Zacks Research lowered Grupo Aeroportuario del Centro Norte from a “hold” rating to a “strong sell” rating in a research note on Thursday, October 16th. Citigroup reissued a “hold” rating on shares of Grupo Aeroportuario del Centro Norte in a research note on Wednesday, September 10th. Finally, Wall Street Zen upgraded Grupo Aeroportuario del Centro Norte from a “hold” rating to a “buy” rating in a report on Saturday, October 11th. Two equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $92.17.

Grupo Aeroportuario del Centro Norte Stock Down 0.7%

Shares of NASDAQ:OMAB opened at $104.37 on Monday. The firm has a market cap of $4.44 billion, a P/E ratio of 18.47, a PEG ratio of 2.90 and a beta of 0.93. The business’s 50 day simple moving average is $103.98 and its two-hundred day simple moving average is $103.32. The company has a debt-to-equity ratio of 1.17, a quick ratio of 0.86 and a current ratio of 1.14. Grupo Aeroportuario del Centro Norte S.A.B. de C.V. has a 52-week low of $62.37 and a 52-week high of $116.25.

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.