Grupo Aeroportuario del Centro Nort (NASDAQ:OMAB) saw a large decline in short interest during the month of August. As of August 31st, there was short interest totalling 157,800 shares, a decline of 20.8% from the August 15th total of 199,300 shares. Approximately 0.4% of the shares of the stock are short sold. Based on an average trading volume of 118,100 shares, the short-interest ratio is presently 1.3 days.

A number of equities research analysts have weighed in on OMAB shares. downgraded Grupo Aeroportuario del Centro Nort from a “buy” rating to a “neutral” rating and set a $50.00 price target on the stock. in a research report on Wednesday, June 10th. Scotiabank upgraded Grupo Aeroportuario del Centro Nort from a “sector perform” rating to a “sector outperform” rating in a research report on Monday. ValuEngine upgraded shares of Grupo Aeroportuario del Centro Nort from a “sell” rating to a “hold” rating in a report on Thursday, June 11th. BidaskClub upgraded shares of Grupo Aeroportuario del Centro Nort from a “sell” rating to a “hold” rating in a report on Wednesday, September 9th. Finally, Credit Suisse Group upgraded shares of Grupo Aeroportuario del Centro Nort from a “neutral” rating to an “outperform” rating in a research report on Friday, May 29th. Six research analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. Grupo Aeroportuario del Centro Nort presently has an average rating of “Buy” and a consensus target price of $55.00.

Several institutional investors have recently bought and sold shares of OMAB. BlackRock Inc. raised its stake in Grupo Aeroportuario del Centro Nort by 4.2% in the first quarter. BlackRock Inc. now owns 982,504 shares of the transportation company’s stock worth $26,469,000 after buying an additional 39,430 shares in the last quarter. Bank of New York Mellon Corp lifted its holdings in shares of Grupo Aeroportuario del Centro Nort by 15.6% during the first quarter. Bank of New York Mellon Corp now owns 20,779 shares of the transportation company’s stock worth $560,000 after purchasing an additional 2,803 shares during the period. Russell Investments Group Ltd. boosted its holdings in shares of Grupo Aeroportuario del Centro Nort by 3.7% in the first quarter. Russell Investments Group Ltd. now owns 131,522 shares of the transportation company’s stock valued at $3,527,000 after acquiring an additional 4,722 shares in the last quarter. ETRADE Capital Management LLC increased its stake in shares of Grupo Aeroportuario del Centro Nort by 14.4% during the first quarter. ETRADE Capital Management LLC now owns 20,697 shares of the transportation company’s stock worth $558,000 after acquiring an additional 2,604 shares during the period. Finally, State Street Corp raised its holdings in Grupo Aeroportuario del Centro Nort by 10.2% during the first quarter. State Street Corp now owns 264,041 shares of the transportation company’s stock worth $7,113,000 after purchasing an additional 24,424 shares in the last quarter. Institutional investors own 11.30% of the company’s stock.

Shares of OMAB stock traded up $0.47 during mid-day trading on Wednesday, reaching $38.12. 2,550 shares of the company’s stock traded hands, compared to its average volume of 117,155. The company’s 50-day moving average price is $36.13 and its 200-day moving average price is $34.91. The company has a market cap of $1.61 billion, a P/E ratio of 15.63, a P/E/G ratio of 10.32 and a beta of 1.39. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.15. Grupo Aeroportuario del Centro Nort has a 12 month low of $20.55 and a 12 month high of $67.07.

Grupo Aeroportuario del Centro Nort (NASDAQ:OMAB) last posted its quarterly earnings data on Wednesday, July 22nd. The transportation company reported ($0.16) EPS for the quarter, hitting the consensus estimate of ($0.16). The business had revenue of $27.25 million for the quarter. Grupo Aeroportuario del Centro Nort had a net margin of 35.40% and a return on equity of 25.11%. Equities analysts predict that Grupo Aeroportuario del Centro Nort will post 1.19 earnings per share for the current year.

Grupo Aeroportuario del Centro Nort Company Profile

Grupo Aeroportuario del Centro Norte, S. A. B. de C. V., through its subsidiaries, holds concessions to develop, operate, and maintain airports in Mexico. The company operates 13 international airports in Monterrey, Acapulco, Mazatlán, Zihuatanejo, Chihuahua, Culiacán, Durango, San Luis Potosí, Tampico, Torreón, Zacatecas, Ciudad Juárez, and Reynosa cities.

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