Healthcare of Ontario Pension Plan Trust Fund Sells 46,400 Shares of Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB)

Healthcare of Ontario Pension Plan Trust Fund decreased its position in shares of Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB) by 79.7% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 11,800 shares of the transportation company’s stock after selling 46,400 shares during the quarter. Healthcare of Ontario Pension Plan Trust Fund’s holdings in Grupo Aeroportuario del Centro Norte were worth $933,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of OMAB. SPX Gestao de Recursos Ltda bought a new position in Grupo Aeroportuario del Centro Norte during the fourth quarter worth $1,132,000. INCA Investments LLC raised its position in shares of Grupo Aeroportuario del Centro Norte by 10.3% in the 4th quarter. INCA Investments LLC now owns 332,131 shares of the transportation company’s stock worth $28,108,000 after acquiring an additional 30,987 shares in the last quarter. BNP Paribas Financial Markets lifted its stake in shares of Grupo Aeroportuario del Centro Norte by 132.5% in the 4th quarter. BNP Paribas Financial Markets now owns 33,515 shares of the transportation company’s stock valued at $2,836,000 after purchasing an additional 19,097 shares during the period. Allspring Global Investments Holdings LLC bought a new stake in shares of Grupo Aeroportuario del Centro Norte during the 4th quarter valued at about $3,203,000. Finally, Anthracite Investment Company Inc. acquired a new stake in Grupo Aeroportuario del Centro Norte during the fourth quarter worth approximately $899,000. Institutional investors and hedge funds own 9.53% of the company’s stock.

Grupo Aeroportuario del Centro Norte Trading Down 1.9 %

NASDAQ:OMAB opened at $69.24 on Friday. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.86 and a quick ratio of 1.86. Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. has a one year low of $50.23 and a one year high of $100.21. The company has a market cap of $2.95 billion, a PE ratio of 11.60, a PEG ratio of 3.85 and a beta of 1.33. The firm has a 50-day moving average of $73.05 and a 200-day moving average of $75.39.

Grupo Aeroportuario del Centro Norte (NASDAQ:OMAB) last released its quarterly earnings results on Thursday, April 25th. The transportation company reported $1.24 earnings per share (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%. As a group, equities research analysts expect 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 business also recently declared a — dividend, which was paid on Friday, May 31st. Investors of record on Wednesday, May 22nd were issued a dividend of $2.5963 per share. The ex-dividend date of this dividend was Tuesday, May 21st. This represents a yield of 5.3%. This is an increase from Grupo Aeroportuario del Centro Norte’s previous — dividend of $2.14. Grupo Aeroportuario del Centro Norte’s dividend payout ratio is 76.88%.

Wall Street Analyst Weigh In

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

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.