According to Bloomberg, the seven rating agencies presently monitoring Grupo Aeroportuario del Centro Norte, S.A.B.
De C.V. (NASDAQ: OMAB) have assigned a consensus rating of “Hold” to the company’s shares. One analyst has recommended purchasing the company, while the other three have recommended either selling the stock or keeping it in one’s portfolio. One of the analysts has recommended that the shares be sold.
The price of $68.33 is at which most analysts who have covered the stock in the preceding year have projected that the stock will reach in the next 12 months.
The NASDAQ: OMAB stock began trading for the first time on Thursday at an opening price of $80.76.
The company has a P/E ratio currently sitting at 19.89, a P/E/G ratio currently sitting at 6.81, and a beta currently sitting at 1.32.
The market capitalization of the company is currently sitting at $3.47 billion at this time.
The share price is currently trading at $75.22, higher than its 50-day moving average of $65.96 and its 200-day moving average of $65.96.
In the past year, the price of Grupo Aeroportuario del Centro Norte has ranged from a low of $46.53 to a high of $83.11.
The current price is $46.53, which is the lowest it has been in the past year.
These values show a quick ratio of 0.98, a current ratio of 1.06, and a debt-to-equity ratio of 0.90.
The quick ratio is the most important of the three.
Various equity research analysts from different companies have published articles about the company.
Instead of recommending that investors hold Grupo Aeroportuario del Centro Norte stock, as it had previously done, a research report from StockNews.com published on Thursday, March 2, made a case for investing in the company instead.
In a research study published earlier this week, Scotiabank reevaluated Grupo Aeroportuario del Centro Norte and changed its rating from “underperform” to “sector perform.” They went from having a “neutral” rating for Grupo Aeroportuario del Centro Norte to having a “sell” rating, and their new price objective for the company’s stock is $58.00.
The findings of a study were published in a paper that was made available for public consumption on December 14. Goldman Sachs Group upgraded Grupo Aeroportuario del Centro Norte from a “hold” rating to a “buy” rating and set a price objective of $64.00 for the stock in a research note published on Friday, March 3. JPMorgan Chase & Co lowered their recommendation of Grupo Aeroportuario del Centro Norte from an “overweight” rating to a “neutral” rating in a research report released on Monday, November 21.
The report was about Grupo Aeroportuario del Centro Norte.
In addition, the company announced the dividend payment, which took place on March 10 and was distributed to stockholders of record on March 3.
Each share of stock was awarded a dividend with a total value of $1.6197 per share.
The day that dividends were supposed to be paid out was last Thursday, March 2.
Because of this, the dividend yield produced as a result is 2.7%. Grupo Aeroportuario del Centro Norte’s dividend payout ratio (D.P.R.) is 85.96%.
As a result of recent occurrences, several hedge funds and institutional investors have adjusted the holdings that OMAB has.
Pendal Group Ltd spent approximately $36,495,000 during the fourth quarter to acquire a new interest in Grupo Aeroportuario del Centro Norte.
This transaction took place during the quarter.
A total investment of $8,350,000 was made in Grupo Aeroportuario del Centro Norte during the second quarter by Azimuth Capital Investment Management L.L.C. River Road Asset Management L.L.C.
Increased its ownership stake in Grupo Aeroportuario del Centro Norte by approximately 5 percent during the third quarter by investing an additional approximately $5,943,000 into the company.
The investment firm Hunter Perkins Capital Management L.L.C.
Increased its holdings in Grupo Aeroportuario del Centro Norte during the third quarter by investing approximately $3,225,000.
This brought the total amount of the firm’s holdings in the company to approximately 25%.
Through the course of the second quarter, Millennium Management L.L.C. was able to achieve a 70.1% increase in the proportion of Grupo Aeroportuario del Centro Norte stock that it owned.
This brings us to the conclusion of our discussion.
After purchasing an additional 61,611 shares during the most recent quarter, Millennium Management L.L.C. now has a total of 149,461 shares of the transportation company’s stock.
The current value of these shares is $7,655,000.
This brings the total number of shares owned by Millennium Management L.L.C.
Institutional investors hold the company’s stock to the extent of 9.38%.
Airport management and operation are the primary focus of Grupo Aeroportuario del Centro Norte S.A.B.
De CV, a holding company that was established in MexiCo The total number of its locations comprises its metropolitan, tourist, regional, border, hotel, and industrial park business divisions, among other business divisions.
The Metropolitan Division is in charge of maintaining order at the airport in Monterrey to ensure passenger and employee safety.