Duff & Phelps Investment Management Co. Has $2.39 Million Holdings in Grupo Aeroportuario del Centro Norte S.A.B. de C.V. $OMAB

Duff & Phelps Investment Management Co. trimmed its holdings in Grupo Aeroportuario del Centro Norte S.A.B. de C.V. (NASDAQ:OMAB) by 32.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 23,000 shares of the transportation company’s stock after selling 11,000 shares during the period. Duff & Phelps Investment Management Co. owned about 0.05% of Grupo Aeroportuario del Centro Norte worth $2,389,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of OMAB. EverSource Wealth Advisors LLC lifted its holdings in shares of Grupo Aeroportuario del Centro Norte by 288.3% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 365 shares of the transportation company’s stock valued at $39,000 after purchasing an additional 271 shares in the last quarter. Mather Group LLC. bought a new stake in Grupo Aeroportuario del Centro Norte during the 3rd quarter worth approximately $42,000. Blue Trust Inc. increased its stake in Grupo Aeroportuario del Centro Norte by 34.5% during the 3rd quarter. Blue Trust Inc. now owns 491 shares of the transportation company’s stock worth $51,000 after purchasing an additional 126 shares in the last quarter. Quantbot Technologies LP acquired a new stake in Grupo Aeroportuario del Centro Norte during the 2nd quarter worth approximately $56,000. Finally, PNC Financial Services Group Inc. lifted its stake in Grupo Aeroportuario del Centro Norte by 306.5% in the second quarter. PNC Financial Services Group Inc. now owns 565 shares of the transportation company’s stock valued at $60,000 after buying an additional 426 shares in the last quarter. 9.53% of the stock is currently owned by institutional investors.

Grupo Aeroportuario del Centro Norte Trading Down 1.6%

NASDAQ OMAB opened at $110.61 on Thursday. Grupo Aeroportuario del Centro Norte S.A.B. de C.V. has a 52 week low of $70.24 and a 52 week high of $134.99. The company has a debt-to-equity ratio of 1.17, a quick ratio of 1.14 and a current ratio of 1.14. The stock’s 50 day moving average price is $118.13 and its two-hundred day moving average price is $109.56. The stock has a market capitalization of $4.71 billion, a price-to-earnings ratio of 18.84, a PEG ratio of 1.32 and a beta of 0.74.

Grupo Aeroportuario del Centro Norte (NASDAQ:OMAB) last issued its quarterly 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). Grupo Aeroportuario del Centro Norte had a return on equity of 54.36% and a net margin of 33.46%.The business had revenue of $228.23 million for the quarter, compared to the consensus estimate of $241.63 million. As a group, analysts anticipate that Grupo Aeroportuario del Centro Norte S.A.B. de C.V. will post 5.53 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on OMAB shares. Weiss Ratings reiterated a “hold (c)” rating on shares of Grupo Aeroportuario del Centro Norte in a report on Friday, January 9th. Wall Street Zen raised shares of Grupo Aeroportuario del Centro Norte from a “buy” rating to a “strong-buy” rating in a research report on Sunday, February 15th. Finally, Zacks Research lowered shares of Grupo Aeroportuario del Centro Norte from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, February 25th. One equities research analyst has rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $106.00.

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.