Stock Analysis

Individual investors who hold 37% of Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (BMV:OMAB) gained 8.3%, institutions profited as well

BMV:OMA B
Source: Shutterstock

Key Insights

To get a sense of who is truly in control of Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (BMV:OMAB), it is important to understand the ownership structure of the business. We can see that individual investors own the lion's share in the company with 37% ownership. In other words, the group stands to gain the most (or lose the most) from their investment into the company.

Individual investors gained the most after market cap touched Mex$65b last week, while institutions who own 33% also benefitted.

In the chart below, we zoom in on the different ownership groups of Grupo Aeroportuario del Centro Norte. de.

See our latest analysis for Grupo Aeroportuario del Centro Norte. de

ownership-breakdown
BMV:OMA B Ownership Breakdown September 14th 2024

What Does The Institutional Ownership Tell Us About Grupo Aeroportuario del Centro Norte. de?

Institutional investors commonly compare their own returns to the returns of a commonly followed index. So they generally do consider buying larger companies that are included in the relevant benchmark index.

We can see that Grupo Aeroportuario del Centro Norte. de does have institutional investors; and they hold a good portion of the company's stock. This suggests some credibility amongst professional investors. But we can't rely on that fact alone since institutions make bad investments sometimes, just like everyone does. When multiple institutions own a stock, there's always a risk that they are in a 'crowded trade'. When such a trade goes wrong, multiple parties may compete to sell stock fast. This risk is higher in a company without a history of growth. You can see Grupo Aeroportuario del Centro Norte. de's historic earnings and revenue below, but keep in mind there's always more to the story.

earnings-and-revenue-growth
BMV:OMA B Earnings and Revenue Growth September 14th 2024

We note that hedge funds don't have a meaningful investment in Grupo Aeroportuario del Centro Norte. de. Vinci SA is currently the company's largest shareholder with 30% of shares outstanding. Meanwhile, the second and third largest shareholders, hold 7.5% and 2.9%, of the shares outstanding, respectively.

Looking at the shareholder registry, we can see that 50% of the ownership is controlled by the top 12 shareholders, meaning that no single shareholder has a majority interest in the ownership.

While studying institutional ownership for a company can add value to your research, it is also a good practice to research analyst recommendations to get a deeper understand of a stock's expected performance. There are a reasonable number of analysts covering the stock, so it might be useful to find out their aggregate view on the future.

Insider Ownership Of Grupo Aeroportuario del Centro Norte. de

The definition of company insiders can be subjective and does vary between jurisdictions. Our data reflects individual insiders, capturing board members at the very least. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it.

Most consider insider ownership a positive because it can indicate the board is well aligned with other shareholders. However, on some occasions too much power is concentrated within this group.

We note our data does not show any board members holding shares, personally. Not all jurisdictions have the same rules around disclosing insider ownership, and it is possible we have missed something, here. So you can click here learn more about the CEO.

General Public Ownership

The general public, who are usually individual investors, hold a 37% stake in Grupo Aeroportuario del Centro Norte. de. This size of ownership, while considerable, may not be enough to change company policy if the decision is not in sync with other large shareholders.

Public Company Ownership

We can see that public companies hold 30% of the Grupo Aeroportuario del Centro Norte. de shares on issue. We can't be certain but it is quite possible this is a strategic stake. The businesses may be similar, or work together.

Next Steps:

It's always worth thinking about the different groups who own shares in a company. But to understand Grupo Aeroportuario del Centro Norte. de better, we need to consider many other factors. For example, we've discovered 2 warning signs for Grupo Aeroportuario del Centro Norte. de that you should be aware of before investing here.

Ultimately the future is most important. You can access this free report on analyst forecasts for the company.

NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.