Macquarie Infrastructure Corp (NYSE:MIC) Position Raised by Legal & General Group Plc

Lloyd Doyle
December 30, 2017

The hedge fund run by Jesse Ro held 558,000 shares of the oil refining and marketing company at the end of 2017Q3, valued at $40.28M, up from 525,000 at the end of the previous reported quarter. Macquarie Infrastructure Corp has a 12 month low of $63.08 and a 12 month high of $83.48. Looking a bit further, the company has an FCF yield of 0.018629, and a 5-year average FCF yield of 0.013056. The stock had a trading volume of 813,593 shares, compared to its average volume of 615,117. Comerica Bank boosted its stake in shares of Macquarie Infrastructure by 2.0% in the 2nd quarter. It has underperformed by 5.52% the S&P500. The direction of this stock is getting Weakest.This is an indicator for investors to know whether the stock is heading towards a Buy or Sell, or whether the Hold is advancing towards a Buy or a Sell. Schmidt P J Investment Management Inc who had been investing in Yum Brands Inc for a number of months, seems to be less bullish one the $27.86 billion market cap company. The stock increased 0.12% or $0.08 during the last trading session, reaching $64.1. About 598,186 shares traded. It has outperformed by 0.96% the S&P500.

Investors sentiment decreased to 1.46 in Q3 2017. Its down 0.25, from 1.4 in 2017Q2. It is negative, as 30 investors sold MIC shares while 91 reduced holdings. 52 funds opened positions while 125 raised stakes. Columbia Asset Management holds 0.12% in Macquarie Infrastructure Corporation (NYSE:MIC) or 5,300 shares. New York-based Blackrock Inc has invested 0.02% in Macquarie Infrastructure Corporation (NYSE:MIC).

Checking in on some valuation rankings, Macquarie Infrastructure Corporation (NYSE:MIC) has a Value Composite score of 42. Commercial Bank Of Montreal Can, Ontario - Canada-based fund reported 196,411 shares. 38,819 were reported by Baltimore. Nomura Asset Management holds 9,030 shares. (NASDAQ:FB) for 24,294 shares. 972.68 million shares or 1.58% less from 988.30 million shares in 2017Q2 were reported. Tiger Legatus Capital Ltd Liability Corporation holds 16.77% or 558,000 shares in its portfolio. Boston Family Office Limited Liability holds 0.15% or 17,781 shares. SunTrust Banks reduced their price target on Macquarie Infrastructure to $75.00 and set a "buy" rating on the stock in a report on Wednesday, November 15th. Becker Management reported 0.01% in Starbucks Corporation (NASDAQ:SBUX). Macquarie Infrastructure earned a news impact score of 0.19 on Accern's scale. Sigma Planning Corporation has invested 0.02% in Macquarie Infrastructure Corporation (NYSE:MIC).

Among 53 analysts covering Facebook (NASDAQ:FB), 49 have Buy rating, 2 Sell and 2 Hold. Therefore 86% are positive.

The average Wall Street analyst rating for Macquarie Infrastructure Corporation is Strong Buy, according to the average of 5 analyst scores. The company was maintained on Thursday, February 23 by Barclays Capital. RBC Capital Markets maintained Macquarie Infrastructure Corporation (NYSE:MIC) rating on Monday, November 6. The firm has a market cap of $5,410.00, a P/E ratio of 31.21 and a beta of 0.86. The rating was maintained by RBC Capital Markets with "Outperform" on Wednesday, August 5. Wells Fargo reinitiated the shares of MIC in report on Friday, November 18 with "Outperform" rating. On Sunday, October 29 the stock rating was maintained by RBC Capital Markets with "Buy". On Thursday, November 30 the stock rating was maintained by Robert W. Baird with "Buy".

Among 4 analysts covering Mitel Networks (NASDAQ:MITL), 2 have Buy rating, 1 Sell and 1 Hold. Therefore 48% are positive. Brands had 89 analyst reports since July 1, 2015 according to SRatingsIntel. SunTrust maintained Facebook, Inc. (NYSE:ECL) on Monday, April 3 to "Neutral" rating. The rating was maintained by Robert W. Baird on Friday, November 3 with "Outperform". As per Thursday, August 20, the company rating was maintained by JP Morgan. The firm has "Sector Perform" rating by RBC Capital Markets given on Tuesday, December 20. Jefferies maintained the shares of SBUX in report on Wednesday, July 19 with "Buy" rating. Credit Suisse maintained Yum! As per Wednesday, June 28, the company rating was maintained by Bernstein. Following the completion of the transaction, the director now directly owns 46,925 shares in the company, valued at approximately $3,100,334.75.

Investors sentiment decreased to 1.46 in Q3 2017. Its up 0.02, from 1.3 in 2017Q2. 100 funds opened positions while 428 raised stakes. Invesco invested in 0.02% or 615,743 shares. Tower Research Capital Ltd Liability Com (Trc) holds 0% or 6,796 shares in its portfolio. Baldwin Brothers Ma holds 1,716 shares. Schnieders Capital Mgmt Lc reported 11,797 shares stake. Amer Assets Advisers stated it has 161,492 shares. Oakworth reported 420 shares. 250 are owned by Hanson & Doremus Investment Mngmt. Dupont Corporation reported 15,000 shares. 932,416 are owned by California Public Employees Retirement Sys. Orrstown Finance Svcs reported 1.48% stake. Moreover, Payden Rygel has 1.18% invested in Yum! (NYSE:HON) to report earnings on January, 26. New York-based Cap One Association has invested 0.03% in Yum! (NYSE:ECL). Bb&T Lc invested in 0.15% or 84,495 shares. Cv Starr And Inc has 70,000 shares. Boothbay Fund Mgmt Ltd Liability Corp accumulated 10,300 shares.

Since August 9, 2017, it had 0 insider purchases, and 1 insider sale for $616,871 activity.

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