Ritholtz Wealth Management Has $836,000 Stock Holdings in Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB)

Ritholtz Wealth Management lowered its position in shares of Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB) by 2.6% in the fourth quarter, Holdings Channel reports. The institutional investor owned 12,181 shares of the transportation company’s stock after selling 331 shares during the period. Ritholtz Wealth Management’s holdings in Grupo Aeroportuario del Centro Norte were worth $836,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of OMAB. 1832 Asset Management L.P. bought a new position in Grupo Aeroportuario del Centro Norte during the second quarter worth about $11,318,000. National Bank of Canada FI increased its holdings in shares of Grupo Aeroportuario del Centro Norte by 130,579.6% during the third quarter. National Bank of Canada FI now owns 121,532 shares of the transportation company’s stock worth $8,242,000 after purchasing an additional 121,439 shares during the period. Healthcare of Ontario Pension Plan Trust Fund raised its position in shares of Grupo Aeroportuario del Centro Norte by 355.1% in the second quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 53,700 shares of the transportation company’s stock valued at $3,633,000 after buying an additional 41,900 shares in the last quarter. Duff & Phelps Investment Management Co. acquired a new stake in shares of Grupo Aeroportuario del Centro Norte in the second quarter valued at approximately $2,300,000. Finally, Marshall Wace LLP boosted its stake in shares of Grupo Aeroportuario del Centro Norte by 78.1% in the second quarter. Marshall Wace LLP now owns 69,809 shares of the transportation company’s stock valued at $4,723,000 after buying an additional 30,604 shares during the period. Institutional investors own 9.53% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the company. Bank of America lowered Grupo Aeroportuario del Centro Norte from a “buy” rating to an “underperform” rating and set a $71.50 price objective on the stock. in a research note on Friday, November 15th. Scotiabank raised Grupo Aeroportuario del Centro Norte from a “sector underperform” rating to a “sector perform” rating in a research note on Wednesday, September 25th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $80.83.

Grupo Aeroportuario del Centro Norte Stock Up 1.2 %

Shares of OMAB opened at $76.64 on Monday. The firm has a 50 day simple moving average of $69.62 and a two-hundred day simple moving average of $68.21. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.08 and a quick ratio of 1.08. Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. has a one year low of $59.08 and a one year high of $90.53. The company has a market cap of $3.26 billion, a P/E ratio of 13.52, a P/E/G ratio of 4.08 and a beta of 1.27.

Grupo Aeroportuario del Centro Norte Dividend Announcement

The firm also recently declared a Thrice Yearly dividend, which was paid on Wednesday, November 27th. Stockholders of record on Tuesday, November 19th were issued a dividend of $1.921 per share. The ex-dividend date was Tuesday, November 19th. This represents a dividend yield of 6.5%. Grupo Aeroportuario del Centro Norte’s dividend payout ratio (DPR) is currently 99.12%.

Grupo Aeroportuario del Centro Norte 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.