Published: Tue, May 30, 2017
Money | By Armando Alvarado

Brokerages Set Macquarie Infrastructure Corp (MIC) PT at $91.33


The company has market cap of $2.00 billion. The Firm operates through three divisions: Small Business, Consumer Tax and ProConnect. It now has negative earnings.

Rwc Asset Management Llp decreased Macquarie Infrastructure Cor (MIC) stake by 99.08% reported in 2016Q4 SEC filing. Brenner West Capital Advisors Llc sold 43,246 shares as the company's stock declined 1.43% while stock markets rallied. Great Lakes Advsrs Limited Com stated it has 4,590 shares. The stock decreased 0.19% or $0.15 during the last trading session, reaching $78.33. SunTrust Banks, Inc. assumed coverage on Macquarie Infrastructure Corp in a report on Tuesday, March 21st. It has underperformed by 5.52% the S&P500. Wade G W reported 0.07% stake. Generac Hldgs Inc (NYSE:GNRC) was reduced too. Stockholders of record on Monday, May 15th were issued a dividend of $1.32 per share. Its up 0.17, from 1.32 in 2016Q3. It improved, as 29 investors sold Macquarie Infrastructure Corp shares while 101 reduced holdings. Finally, Mn Services Vermogensbeheer B.V. raised its position in Macquarie Infrastructure Corp by 3.6% in the first quarter. Ameriprise Inc accumulated 0.01% or 311,370 shares.

Among 7 analysts covering MacQuarie Infrastructure (NYSE:MIC), 7 have Buy rating, 0 Sell and 0 Hold. 20,889 are held by Cipher Ltd Partnership. Mckinley Ltd Liability Co Delaware invested 0.04% of its portfolio in Macquarie Infrastructure Corp (NYSE:MIC). Strs Ohio accumulated 1,118 shares.

Macquarie Infrastructure Corp (NYSE:MIC) last released its quarterly earnings results on Tuesday, February 21st. Missouri-based First Allied Advisory Service Incorporated has invested 0.01% in Macquarie Infrastructure Corp (NYSE:MIC). Guggenheim has invested 0.02% in Macquarie Infrastructure Corp (NYSE:MIC). Integral Derivatives has invested 0.05% in Macquarie Infrastructure Corp (NYSE:MIC). Capital World Investors boosted its stake in shares of Macquarie Infrastructure Corp by 27.3% in the third quarter. Comml Bank Of Montreal Can reported 188,056 shares. Ing Groep Nv accumulated 8,072 shares or 0.01% of the stock. Investec Asset Management North America Inc invested 0.31% in Honeywell International Inc. 127,690 shares of the company's stock were exchanged. Mn Services Vermogensbeheer B.V. now owns 2,078 shares of the conglomerate's stock worth $157,000 after buying an additional 73 shares during the last quarter.

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Commonwealth Financial Services LLC bought a new position in shares of Macquarie Infrastructure Corp during the first quarter worth approximately $119,000. Therefore 100% are positive. The short interest to Macquarie Infrastructure Corporation's float is 5.45%. RBC Capital Markets has "Outperform" rating and $103 target. More interesting news about Macquarie Infrastructure Corp (NYSE:MIC) were released by: Seekingalpha.com and their article: "Macquarie Infrastructure's (MIC) CEO James Hooke on Q1 2017 Results - Earnings ..." published on May 04, 2017 as well as Bloomberg.com's news article titled: "Hedgeye Short Seller Knocks $660 Million Off Macquarie Infrastructure" with publication date: February 02, 2017. The stock of Macquarie Infrastructure Corp (NYSE:MIC) earned "Outperform" rating by RBC Capital Markets on Wednesday, November 4. RBC Capital Markets maintained Macquarie Infrastructure Corp (NYSE:MIC) on Thursday, February 23 with "Outperform" rating. RBC Capital Markets maintained Macquarie Infrastructure Corp (NYSE:MIC) on Wednesday, November 2 with "Outperform" rating. The stock of Macquarie Infrastructure Corp (NYSE:MIC) has "Outperform" rating given on Wednesday, November 4 by RBC Capital Markets. 389,422 shares of the company traded hands. It has underperformed by 16.70% the S&P500.

Gendell Jeffrey L holds 0.7% of its portfolio in Citizens Community Bancorp Inc. for 486,230 shares. Eventide Asset Management LLC now owns 720,000 shares of the conglomerate's stock valued at $58,824,000 after buying an additional 3,300 shares in the last quarter. Pekin Singer Strauss Asset Il invested in 0.02% or 3,100 shares. The Pennsylvania-based Snow Capital Management Lp has invested 2.65% in the stock. Benjamin F. Edwards & Company Inc. now owns 1,997 shares of the conglomerate's stock valued at $161,000 after buying an additional 1,418 shares during the last quarter. Jpmorgan Chase And holds 0% of its portfolio in Ebix Inc (NASDAQ:EBIX) for 107,572 shares. LANC's profit will be $32.10 million for 26.87 P/E if the $1.17 EPS becomes a reality. After $0.12 actual earnings per share reported by VeriFone Systems Inc for the previous quarter, Wall Street now forecasts 91.67% EPS growth.

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