Grupo Aeroportuario del Centro Nort (NASDAQ:OMAB) saw a large increase in short interest in the month of June. As of June 30th, there was short interest totalling 144,500 shares, an increase of 19.3% from the June 15th total of 121,100 shares. Based on an average daily volume of 169,700 shares, the days-to-cover ratio is presently 0.9 days. Currently, 0.3% of the company’s shares are sold short.

Grupo Aeroportuario del Centro Nort stock traded up $0.26 during midday trading on Monday, hitting $38.10. The company’s stock had a trading volume of 3,032 shares, compared to its average volume of 160,673. The company has a debt-to-equity ratio of 0.43, a current ratio of 3.82 and a quick ratio of 3.82. Grupo Aeroportuario del Centro Nort has a 1-year low of $20.55 and a 1-year high of $67.07. The company has a market cap of $1.86 billion, a price-to-earnings ratio of 11.21, a PEG ratio of 7.07 and a beta of 1.45. The company has a 50-day moving average price of $35.67 and a two-hundred day moving average price of $44.41.

Grupo Aeroportuario del Centro Nort (NASDAQ:OMAB) last released its earnings results on Tuesday, April 28th. The transportation company reported $0.84 EPS for the quarter, beating the consensus estimate of $0.72 by $0.12. Grupo Aeroportuario del Centro Nort had a net margin of 40.34% and a return on equity of 35.70%. The firm had revenue of $95.63 million for the quarter. Sell-side analysts forecast that Grupo Aeroportuario del Centro Nort will post 1.79 EPS for the current year.

A number of brokerages have weighed in on OMAB. Barclays raised Grupo Aeroportuario del Centro Nort from an “underweight” rating to an “overweight” rating in a research note on Tuesday, March 31st. Goldman Sachs Group raised Grupo Aeroportuario del Centro Nort from a “neutral” rating to a “buy” rating and set a $43.00 price target on the stock in a research note on Wednesday, April 8th. Bank of America lowered Grupo Aeroportuario del Centro Nort from a “buy” rating to a “neutral” rating and set a $50.00 target price on the stock. in a research report on Wednesday, June 10th. ValuEngine raised Grupo Aeroportuario del Centro Nort from a “sell” rating to a “hold” rating in a research report on Thursday, June 11th. Finally, Zacks Investment Research downgraded Grupo Aeroportuario del Centro Nort from a “hold” rating to a “strong sell” rating in a report on Saturday, June 13th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and six have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $55.00.

Hedge funds have recently bought and sold shares of the stock. US Bancorp DE lifted its stake in shares of Grupo Aeroportuario del Centro Nort by 86.0% during the 1st quarter. US Bancorp DE now owns 900 shares of the transportation company’s stock worth $25,000 after purchasing an additional 416 shares during the last quarter. Panagora Asset Management Inc. bought a new position in Grupo Aeroportuario del Centro Nort in the fourth quarter worth about $26,000. Tower Research Capital LLC TRC lifted its holdings in Grupo Aeroportuario del Centro Nort by 955.8% in the fourth quarter. Tower Research Capital LLC TRC now owns 549 shares of the transportation company’s stock worth $33,000 after acquiring an additional 497 shares during the last quarter. Advisor Group Holdings Inc. bought a new position in Grupo Aeroportuario del Centro Nort in the first quarter worth about $42,000. Finally, FMR LLC lifted its holdings in Grupo Aeroportuario del Centro Nort by 141.1% in the fourth quarter. FMR LLC now owns 745 shares of the transportation company’s stock worth $45,000 after acquiring an additional 436 shares during the last quarter. Institutional investors own 8.98% of the company’s stock.

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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