INCA Investments LLC Has $28.11 Million Stock Holdings in Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB)

INCA Investments LLC raised its holdings in Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB) by 10.3% during the 4th quarter, Holdings Channel reports. The institutional investor owned 332,131 shares of the transportation company’s stock after acquiring an additional 30,987 shares during the quarter. Grupo Aeroportuario del Centro Norte comprises 12.4% of INCA Investments LLC’s holdings, making the stock its 4th biggest holding. INCA Investments LLC’s holdings in Grupo Aeroportuario del Centro Norte were worth $28,108,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Veracity Capital LLC increased its position in shares of Grupo Aeroportuario del Centro Norte by 21.7% during the 3rd quarter. Veracity Capital LLC now owns 4,163 shares of the transportation company’s stock worth $362,000 after purchasing an additional 741 shares during the last quarter. Mackenzie Financial Corp increased its holdings in Grupo Aeroportuario del Centro Norte by 12.4% during the third quarter. Mackenzie Financial Corp now owns 76,364 shares of the transportation company’s stock worth $6,491,000 after buying an additional 8,426 shares during the last quarter. Malaga Cove Capital LLC raised its position in Grupo Aeroportuario del Centro Norte by 24.4% during the third quarter. Malaga Cove Capital LLC now owns 12,208 shares of the transportation company’s stock worth $1,061,000 after acquiring an additional 2,391 shares in the last quarter. Manhattan West Asset Management LLC lifted its stake in Grupo Aeroportuario del Centro Norte by 19.6% in the third quarter. Manhattan West Asset Management LLC now owns 12,143 shares of the transportation company’s stock valued at $1,055,000 after acquiring an additional 1,988 shares during the last quarter. Finally, Metis Global Partners LLC lifted its stake in Grupo Aeroportuario del Centro Norte by 5.5% in the third quarter. Metis Global Partners LLC now owns 8,277 shares of the transportation company’s stock valued at $719,000 after acquiring an additional 428 shares during the last quarter. 9.53% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group boosted their price objective on shares of Grupo Aeroportuario del Centro Norte from $79.00 to $94.00 and gave the stock a “buy” rating in a research note on Friday, January 26th.

Grupo Aeroportuario del Centro Norte Stock Performance

NASDAQ:OMAB traded up $0.69 on Monday, hitting $88.81. The company’s stock had a trading volume of 28,368 shares, compared to its average volume of 54,297. 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 firm has a market capitalization of $3.82 billion, a P/E ratio of 14.88, a price-to-earnings-growth ratio of 5.15 and a beta of 1.39. The stock has a fifty day moving average of $75.30 and a two-hundred day moving average of $73.36. The company has a current ratio of 2.02, a quick ratio of 1.86 and a debt-to-equity ratio of 1.10.

Grupo Aeroportuario del Centro Norte (NASDAQ:OMAB) last posted its earnings results on Thursday, February 22nd. The transportation company reported $1.53 earnings per share for the quarter, topping analysts’ consensus estimates of $1.34 by $0.19. Grupo Aeroportuario del Centro Norte had a return on equity of 59.61% and a net margin of 34.70%. The business had revenue of $211.59 million for the quarter. Research analysts predict that Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. will post 5.7 earnings per share for the current year.

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.