Macquarie Infrastructure Co Trust Q1 2018 Big Money Sentiment Better Than Expected, now at 0.97

June 29, 2018 - By Arnold Ferreira

Macquarie Infrastructure Corporation (NYSE:MIC) Corporate Logo

Positions for Macquarie Infrastructure Co Trust (NYSE:MIC)

“Big money sentiment for Macquarie Infrastructure Co Trust (NYSE:MIC) in Q1 2018 decreased to 0.97, according to Securities and Exchange Commission filings. So its down -0.27, from 2017Q4’s 1.24. 160 institutional investors increased and opened new positions, while 165 decreased and sold holdings in Macquarie Infrastructure Co Trust so the sentiment is negative. These funds own 62.79 million shares, that’s down from 64.11 million shares in 2017Q4. Funds holding Macquarie Infrastructure Co Trust in top 10 decreased from 13 to 7 for a decrease of 6. 75 Investors Sold All; 90 Reduced Holdings; 109 increased stakes while 51 institutional investors bought stakes.

Most Macquarie Infrastructure Co Trust Investors

As of Q1 2018 Tricadia Capital Management Llc has 11.39% invested in Macquarie Infrastructure Co Trust. As of Q1 2018, 832,357 shares of Macquarie Infrastructure Co Trust are owned by Moab Capital Partners Llc. Selz Capital Llc reported 1.08 million shares. The New York-based fund Electron Capital Partners Llc have invested about 5.79% of the active investment manager’s stock portfolio in Macquarie Infrastructure Co Trust. The New York-based fund Claar Advisors Llc holds 333,333 shares or 4.4% of their stock exposure.

Macquarie Infrastructure Corporation, through its subsidiaries, owns and operates a portfolio of businesses that provide services to businesses, government agencies, and individuals.The firm is valued at $3.63 billion. It operates through four divisions: International-Matex Tank Terminals , Atlantic Aviation, Contracted Power (CP), and MIC Hawaii.7.8 is the P/E ratio. The IMTT segment offers bulk liquid storage, handling, and other services for petroleum products, chemicals, renewable fuels, and vegetable and animal oils at 10 marine terminals in the United States and 2 marine terminals in Canada.

The stock increased 0.99% or $0.42 during the last trading session, reaching $42.65.Macquarie Infrastructure Corporation has volume of 213,681 shares. Since June 29, 2017 MIC has declined 51.52% and is downtrending. MIC underperformed the S&P500 by 64.09%.

On August, 1 Macquarie Infrastructure Corporation (NYSE:MIC)’s earnings release is anticipated by WallStreet, according to Zacks. This year’s earnings per share analyst estimate is anticipated to be $0.51. That is 59.38 % up compareed to $0.32 earnings per share for last year. If earnings per share of $0.51 is reported the profit of MIC could hit $43.39M giving it 20.91 P/E. Last quarter $0.88 earnings per share was reported. Analysts forecasts -42.05 % negative EPS growth this quarter.

Royal Bancshares Of Canada accumulated 100,529 shs. The Kansas-based Creative Planning has invested 0% in Macquarie Infrastructure Corporation (NYSE:MIC). Quinn Opportunity Prtnrs Llc, New York-based fund reported 299,500 shs. 85,300 are owned by Art Ltd Company. 25,063 are held by Da Davidson And. Pacific Heights Asset Management Limited Liability Corporation accumulated 100,000 shs or 0.39% of the stock. Caxton Associate L P stated it has 0.01% of its capital in Macquarie Infrastructure Corporation (NYSE:MIC). Nj State Employees Deferred Compensation Plan accumulated 0.08% or 12,000 shs. 100 were accumulated by Toth Financial Advisory. Electron Capital Ptnrs Limited Liability Co reported 5.79% in Macquarie Infrastructure Corporation (NYSE:MIC). Jpmorgan Chase accumulated 34,990 shs. Andra Ap owns 0.03% invested in Macquarie Infrastructure Corporation (NYSE:MIC) for 33,600 shs. Sit Associates invested in 40,220 shs. United Advisers Llc reported 547,666 shs or 0.15% of all its holdings. Cibc World reported 24,987 shs.

Macquarie Infrastructure Corporation (NYSE:MIC) Ratings Coverage

A total of 5 analysts rate Macquarie Infrastructure Company (NYSE:MIC) as follows: 1 “Buy”, 3 “Hold” and 1 “Sell”. Тherefore 20% are bullish. (NYSE:MIC) has 7 ratings reports on 29 Jun 2018 according to StockzIntelligence. On Friday, February 23 the firm earned “Market Perform” rating by Wells Fargo. The company rating was downgraded by JP Morgan on Thursday, February 22. The stock rating was maintained by SunTrust with “Hold” on Sunday, April 22. On Tuesday, January 16 the rating was maintained by RBC Capital Markets with “Buy”. On Friday, February 23 the stock has “Buy” rating by RBC Capital Markets. On Thursday, February 22 the company was downgraded by SunTrust.

For more Macquarie Infrastructure Corporation (NYSE:MIC) news published recently go to: Globenewswire.com, Globenewswire.com, Globenewswire.com, Businesswire.com or Businesswire.com. The titles are as follows: “SHAREHOLDER ALERT: The Law Offices of Vincent Wong Reminds Investors of Class Actions Involving Macquarie …” published on June 18, 2018, “The Law Offices of Howard G. Smith Reminds Investors of June 25th Deadline in the Class Action Lawsuit Against …” on June 20, 2018, “UPCOMING DEADLINES: The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of MIC …” with a publish date: June 22, 2018, “Glancy Prongay & Murray LLP Announces the Filing of a Securities Class Action on Behalf of Macquarie Infrastructure …” and the last “JUNE 25 Deadline Alert: Glancy Prongay & Murray LLP Reminds Investors of the Deadline in the Class Action Lawsuit …” with publication date: June 21, 2018.

Macquarie Infrastructure Corporation (NYSE:MIC) Institutional Investors Chart

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