National Bank of Canada FI raised its stake in shares of Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB - Free Report) by 130,579.6% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 121,532 shares of the transportation company's stock after acquiring an additional 121,439 shares during the period. National Bank of Canada FI owned approximately 0.29% of Grupo Aeroportuario del Centro Norte worth $8,242,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the stock. Signaturefd LLC boosted its holdings in Grupo Aeroportuario del Centro Norte by 109.2% during the 3rd quarter. Signaturefd LLC now owns 498 shares of the transportation company's stock valued at $34,000 after acquiring an additional 260 shares during the period. US Bancorp DE lifted its position in shares of Grupo Aeroportuario del Centro Norte by 143.8% during the third quarter. US Bancorp DE now owns 507 shares of the transportation company's stock worth $34,000 after purchasing an additional 299 shares in the last quarter. Blue Trust Inc. boosted its stake in shares of Grupo Aeroportuario del Centro Norte by 565.3% in the second quarter. Blue Trust Inc. now owns 1,131 shares of the transportation company's stock valued at $77,000 after purchasing an additional 961 shares during the period. Creative Planning grew its holdings in shares of Grupo Aeroportuario del Centro Norte by 10.5% in the second quarter. Creative Planning now owns 4,444 shares of the transportation company's stock valued at $301,000 after purchasing an additional 423 shares in the last quarter. Finally, Vanguard Personalized Indexing Management LLC increased its stake in Grupo Aeroportuario del Centro Norte by 10.3% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 4,659 shares of the transportation company's stock worth $312,000 after buying an additional 435 shares during the period. 9.53% of the stock is currently owned by institutional investors and hedge funds.

Several equities analysts have commented on the stock. Scotiabank upgraded shares of Grupo Aeroportuario del Centro Norte from a "sector underperform" rating to a "sector perform" rating in a research note on Wednesday, September 25th. Morgan Stanley upgraded Grupo Aeroportuario del Centro Norte from an "equal weight" rating to an "overweight" rating and cut their price target for the stock from $82.00 to $77.00 in a report on Friday, September 6th. Finally, Bank of America cut Grupo Aeroportuario del Centro Norte from a "buy" rating to an "underperform" rating and set a $71.50 price objective for the company. in a research note on Friday, November 15th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $80.83.

Read Our Latest Research Report on Grupo Aeroportuario del Centro Norte

Grupo Aeroportuario del Centro Norte stock opened at $72.91 on Thursday. The stock's fifty day moving average is $67.02 and its two-hundred day moving average is $68.13. The stock has a market cap of $3.10 billion, a PE ratio of 12.86, a P/E/G ratio of 4.38 and a beta of 1.30. Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. has a 1-year low of $59.08 and a 1-year high of $90.53. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.08 and a quick ratio of 1.08.

The firm also recently announced a Thrice Yearly dividend, which was paid on Wednesday, November 27th. Investors of record on Tuesday, November 19th were paid a dividend of $1.921 per share. This represents a yield of 6.5%. The ex-dividend date was Tuesday, November 19th. Grupo Aeroportuario del Centro Norte's payout ratio is 98.94%.

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.

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