Hunter Perkins Capital Management LLC Has $1.38 Million Stock Holdings in Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB)

Hunter Perkins Capital Management LLC boosted its stake in Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB) by 14.7% in the fourth quarter, Holdings Channel reports. The institutional investor owned 20,070 shares of the transportation company’s stock after acquiring an additional 2,570 shares during the quarter. Hunter Perkins Capital Management LLC’s holdings in Grupo Aeroportuario del Centro Norte were worth $1,378,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Signaturefd LLC raised its holdings in shares of Grupo Aeroportuario del Centro Norte by 109.2% during the third quarter. Signaturefd LLC now owns 498 shares of the transportation company’s stock worth $34,000 after acquiring an additional 260 shares in the last quarter. US Bancorp DE increased its position in Grupo Aeroportuario del Centro Norte by 143.8% in the 3rd quarter. US Bancorp DE now owns 507 shares of the transportation company’s stock worth $34,000 after purchasing an additional 299 shares during the last quarter. Fifth Third Bancorp purchased a new stake in shares of Grupo Aeroportuario del Centro Norte during the 4th quarter worth about $48,000. Barclays PLC purchased a new stake in shares of Grupo Aeroportuario del Centro Norte during the 3rd quarter worth about $72,000. Finally, SG Americas Securities LLC acquired a new stake in shares of Grupo Aeroportuario del Centro Norte during the 4th quarter valued at about $116,000. Institutional investors and hedge funds own 9.53% of the company’s stock.

Grupo Aeroportuario del Centro Norte Price Performance

NASDAQ OMAB opened at $79.94 on Monday. 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. The stock’s 50-day moving average is $70.95 and its two-hundred day moving average is $68.55. The firm has a market cap of $3.40 billion, a P/E ratio of 14.10 and a beta of 1.27. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.08 and a quick ratio of 1.08.

Grupo Aeroportuario del Centro Norte Dividend Announcement

The business also recently announced a Thrice Yearly dividend, which was paid on Wednesday, November 27th. Investors of record on Tuesday, November 19th were issued a $1.921 dividend. The ex-dividend date of this dividend was Tuesday, November 19th. This represents a yield of 6.5%. Grupo Aeroportuario del Centro Norte’s dividend payout ratio (DPR) is currently 99.12%.

Analysts Set New Price Targets

Separately, Bank of America downgraded Grupo Aeroportuario del Centro Norte from a “buy” rating to an “underperform” rating and set a $71.50 price objective on the stock. in a report on Friday, November 15th.

About Grupo Aeroportuario del Centro Norte

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.