Marshall Financial Group LLC Takes Position in Grupo Aeroportuario del Centro Norte S.A.B. de C.V. $OMAB

Marshall Financial Group LLC acquired a new stake in shares of Grupo Aeroportuario del Centro Norte S.A.B. de C.V. (NASDAQ:OMAB) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 7,097 shares of the transportation company’s stock, valued at approximately $772,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in OMAB. Triumph Capital Management purchased a new stake in Grupo Aeroportuario del Centro Norte during the 3rd quarter valued at $30,000. EverSource Wealth Advisors LLC boosted its stake in shares of Grupo Aeroportuario del Centro Norte by 288.3% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 365 shares of the transportation company’s stock worth $39,000 after buying an additional 271 shares during the last quarter. Mather Group LLC. bought a new stake in shares of Grupo Aeroportuario del Centro Norte in the third quarter worth $42,000. Blue Trust Inc. increased its position in Grupo Aeroportuario del Centro Norte by 34.5% during the third quarter. Blue Trust Inc. now owns 491 shares of the transportation company’s stock valued at $51,000 after acquiring an additional 126 shares during the last quarter. Finally, Quantbot Technologies LP purchased a new stake in Grupo Aeroportuario del Centro Norte during the second quarter valued at $56,000. Hedge funds and other institutional investors own 9.53% of the company’s stock.

Analyst Ratings Changes

OMAB has been the topic of several research reports. Wall Street Zen cut Grupo Aeroportuario del Centro Norte from a “strong-buy” rating to a “buy” rating in a research report on Saturday, March 14th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Grupo Aeroportuario del Centro Norte in a research report on Friday, January 9th. Finally, Zacks Research downgraded shares of Grupo Aeroportuario del Centro Norte from a “strong-buy” rating to a “hold” rating in a report on Wednesday, February 25th. One equities research analyst has rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $106.00.

Grupo Aeroportuario del Centro Norte Price Performance

Shares of Grupo Aeroportuario del Centro Norte stock opened at $108.82 on Tuesday. Grupo Aeroportuario del Centro Norte S.A.B. de C.V. has a one year low of $70.24 and a one year high of $134.99. The stock’s fifty day moving average is $117.76 and its 200 day moving average is $109.87. The stock has a market cap of $4.63 billion, a P/E ratio of 18.54, a P/E/G ratio of 1.28 and a beta of 0.74. The company has a debt-to-equity ratio of 1.17, a quick ratio of 1.14 and a current ratio of 1.14.

Grupo Aeroportuario del Centro Norte (NASDAQ:OMAB) last released its earnings results on Tuesday, February 24th. The transportation company reported $1.40 earnings per share for the quarter, missing the consensus estimate of $1.65 by ($0.25). The company had revenue of $228.23 million for the quarter, compared to analysts’ expectations of $241.63 million. Grupo Aeroportuario del Centro Norte had a net margin of 33.46% and a return on equity of 54.36%. Sell-side analysts anticipate that Grupo Aeroportuario del Centro Norte S.A.B. de C.V. will post 5.53 earnings per share for the current year.

About Grupo Aeroportuario del Centro Norte

Grupo Aeroportuario del Centro Norte, SAB. de C.V. (OMAB) is a Mexican airport operator that develops, manages and operates airports under long?term concessions granted by the Federal Government of Mexico. The company’s core business covers all aspects of airport operations, including passenger processing, airfield services, security, ground handling, cargo handling and commercial activities such as retail, food and beverage, and parking.

OMA currently holds concession contracts for 13 airports in central and northern Mexico, serving key markets such as Monterrey, Ciudad Juárez, Culiacán, Hermosillo and Torreón.