0.97 is Macquarie Infrastructure Co Trust’s (NYSE:MIC) Big Money Sentiment

June 29, 2018 - By Sarah Holford

Macquarie Infrastructure Corporation (NYSE:MIC) Corporate Logo

Macquarie Infrastructure Co Trust’s Sentiment

“Big money sentiment for Macquarie Infrastructure Co Trust (NYSE:MIC) in 2018 Q1 decreased to 0.97, revealed SEC filings. That’s down -0.27, from 2017Q4’s 1.24. 160 institutional investors opened new or increased positions, while 165 cut down and sold their positions in Macquarie Infrastructure Co Trust so the sentiment has worsened. 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 changed to 7 from 13 for a decrease of 6. In total 75 funds closed positions, 90 reduced and 109 increased. Also 51 funds bought new Macquarie Infrastructure Co Trust stakes.

Largest Macquarie Infrastructure Co Trust Shareholders

Tricadia Capital Management Llc owns 626,218 shares in Macquarie Infrastructure Co Trust as of 2018 Q1. Macquarie Infrastructure Co Trust’s shareholder Moab Capital Partners Llc owns 832,357 shares as of 2018 Q1. Furthermore, Selz Capital Llc reported 1.08 million shares in Macquarie Infrastructure Co Trust equivalent to 6.15% of its US long equity exposure. The New York-based fund Electron Capital Partners Llc have invested about 5.79% of the fund’s stock portfolio in Macquarie Infrastructure Co Trust. The New York-based fund Claar Advisors Llc looks positive on Macquarie Infrastructure Co Trust, possessing 333,333 shares.

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.

MIC touched $42.65 during the last trading session after $0.42 change.Currently Macquarie Infrastructure Corporation is downtrending after 51.52% change in last June 29, 2017. MIC has 213,681 shares volume. MIC underperformed the S&P500 by 64.09%.

Investors wait Macquarie Infrastructure Corporation (NYSE:MIC)’s quarterly earnings on August, 1., Faxor reports. Analysts predict $0.51 earnings per share. That’s $0.19 up or 59.38 % from 2017’s earnings of $0.32. This could reach $43.39 million profit for MIC assuming the current $0.51 earnings per share will become reality. After $0.88 EPS report last quarter, Wall Street now sees -42.05 % negative EPS growth of Macquarie Infrastructure Corporation.

Westpac holds 0% or 7,541 shs in its capital. United Cap Financial Advisers Ltd Co holds 0.15% in Macquarie Infrastructure Corporation (NYSE:MIC) or 547,666 shs. New York-based Sg Americas Secs Lc has invested 0% in Macquarie Infrastructure Corporation (NYSE:MIC). Guggenheim Capital Ltd Liability Corporation holds 0.01% or 66,100 shs in its capital. Fmr Limited Liability Corp holds 0% or 978,437 shs. State Of Alaska Department Of Revenue stated it has 0% of its capital in Macquarie Infrastructure Corporation (NYSE:MIC). Natl Registered Investment Advisor invested in 7,665 shs. Salient Cap Limited Liability owns 0.91% invested in Macquarie Infrastructure Corporation (NYSE:MIC) for 1.00M shs. California State Teachers Retirement Sys has 0.01% invested in Macquarie Infrastructure Corporation (NYSE:MIC). The New York-based Levin Strategies Ltd Partnership has invested 0.14% in Macquarie Infrastructure Corporation (NYSE:MIC). 14,531 were reported by Eqis Mngmt. Asset Mngmt Of Georgia Ga Adv reported 10,400 shs or 0.28% of all its holdings. Panagora Asset Mgmt owns 0% invested in Macquarie Infrastructure Corporation (NYSE:MIC) for 2,546 shs. Amundi Pioneer Asset Management invested in 0% or 45,843 shs. Tiaa Cref Inv Mngmt Ltd Liability Corporation invested in 0.01% or 245,660 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 stock rating was maintained by SunTrust with “Hold” on Sunday, April 22. On Tuesday, January 16 RBC Capital Markets maintained Macquarie Infrastructure Corporation (NYSE:MIC) with “Buy” rating. On Friday, February 23 the firm has “Buy” rating by RBC Capital Markets given. On Thursday, February 22 the rating was downgraded by JP Morgan to “Neutral”. On Thursday, February 22 the firm earned “Hold” rating by SunTrust.

For more Macquarie Infrastructure Corporation (NYSE:MIC) news released briefly go to: Prnewswire.com, Businesswire.com, Globenewswire.com, Businesswire.com or Globenewswire.com. The titles are as follows: “Alerian Index Series June 2018 Index Review” released on June 08, 2018, “Glancy Prongay & Murray LLP Announces the Filing of a Securities Class Action on Behalf of Macquarie Infrastructure …” on June 11, 2018, “The Law Offices of Howard G. Smith Reminds Investors of June 25th Deadline in the Class Action Lawsuit Against …” with a publish date: June 20, 2018, “JUNE 25 Deadline Alert: Glancy Prongay & Murray LLP Reminds Investors of the Deadline in the Class Action Lawsuit …” and the last “UPCOMING DEADLINES: The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of MIC …” with publication date: June 22, 2018.

Macquarie Infrastructure Corporation (NYSE:MIC) Institutional Investors Chart

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