Connor Clark & Lunn Investment Management Ltd. Sells 1,957 Shares of Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB)

Connor Clark & Lunn Investment Management Ltd. lessened its holdings in Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB) by 7.7% during the 4th quarter, Holdings Channel.com reports. The firm owned 23,464 shares of the transportation company’s stock after selling 1,957 shares during the period. Connor Clark & Lunn Investment Management Ltd.’s holdings in Grupo Aeroportuario del Centro Norte were worth $1,611,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Mirae Asset Global Investments Co. Ltd. increased its holdings in Grupo Aeroportuario del Centro Norte by 41.2% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 685 shares of the transportation company’s stock valued at $48,000 after buying an additional 200 shares during the last quarter. Venturi Wealth Management LLC increased its stake in shares of Grupo Aeroportuario del Centro Norte by 94.3% in the 4th quarter. Venturi Wealth Management LLC now owns 575 shares of the transportation company’s stock worth $39,000 after purchasing an additional 279 shares in the last quarter. Sanders Morris Harris LLC raised its holdings in Grupo Aeroportuario del Centro Norte by 8.8% in the 4th quarter. Sanders Morris Harris LLC now owns 3,700 shares of the transportation company’s stock worth $257,000 after purchasing an additional 300 shares during the period. Rhumbline Advisers lifted its position in Grupo Aeroportuario del Centro Norte by 3.4% during the fourth quarter. Rhumbline Advisers now owns 9,534 shares of the transportation company’s stock valued at $654,000 after purchasing an additional 317 shares in the last quarter. Finally, Naples Global Advisors LLC grew its holdings in Grupo Aeroportuario del Centro Norte by 2.3% during the fourth quarter. Naples Global Advisors LLC now owns 17,720 shares of the transportation company’s stock valued at $1,216,000 after purchasing an additional 400 shares during the period. Hedge funds and other institutional investors own 9.53% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group raised their price objective on Grupo Aeroportuario del Centro Norte from $94.00 to $99.00 and gave the stock a “buy” rating in a research note on Wednesday, February 12th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat, Grupo Aeroportuario del Centro Norte has a consensus rating of “Hold” and a consensus price target of $82.50.

Grupo Aeroportuario del Centro Norte Stock Up 0.2 %

OMAB opened at $81.12 on Thursday. The stock has a market cap of $3.45 billion, a price-to-earnings ratio of 14.31 and a beta of 1.25. The company has a debt-to-equity ratio of 1.16, a quick ratio of 1.08 and a current ratio of 1.08. The firm’s fifty day moving average is $77.57 and its 200 day moving average is $71.57. Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. has a fifty-two week low of $59.08 and a fifty-two week high of $90.53.

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.