How Many Macquarie Infrastructure Corporation (NYSE:MIC)’s Analysts Are Bullish?

January 19, 2018 - By Henry Gaston

 How Many Macquarie Infrastructure Corporation (NYSE:MIC)'s Analysts Are Bullish?
Investors sentiment decreased to 1.46 in Q3 2017. Its down 0.07, from 1.53 in 2017Q2. It worsened, as 30 investors sold Macquarie Infrastructure Corporation shares while 91 reduced holdings. 52 funds opened positions while 125 raised stakes. 63.11 million shares or 4.68% less from 66.21 million shares in 2017Q2 were reported.
Sumitomo Mitsui Asset Mngmt Co Limited has invested 0.01% in Macquarie Infrastructure Corporation (NYSE:MIC). Grand Jean Cap stated it has 4.11% of its portfolio in Macquarie Infrastructure Corporation (NYSE:MIC). Macquarie Ltd holds 0.01% of its portfolio in Macquarie Infrastructure Corporation (NYSE:MIC) for 108,600 shares. Teewinot Cap Advisers Ltd Com has invested 0.13% of its portfolio in Macquarie Infrastructure Corporation (NYSE:MIC). Telemus Capital Ltd accumulated 3,000 shares. Westwood Il reported 0.23% of its portfolio in Macquarie Infrastructure Corporation (NYSE:MIC). Fred Alger Management Incorporated holds 0% of its portfolio in Macquarie Infrastructure Corporation (NYSE:MIC) for 14,551 shares. Bluemountain Lc reported 0.07% stake. 3,874 are held by Ajo L P. Deroy & Devereaux Private Inv Counsel reported 4,600 shares. Msd Prns Lp has invested 4.56% in Macquarie Infrastructure Corporation (NYSE:MIC). X Lc owns 14,387 shares for 0.03% of their portfolio. Highlander Management Ltd Co reported 100 shares. 27,216 are owned by Aqr Ltd. Cohen & Steers invested in 0.2% or 991,556 shares.

Macquarie Infrastructure Corporation (NYSE:MIC) Ratings Coverage

Among 7 analysts covering MacQuarie Infrastructure (NYSE:MIC), 6 have Buy rating, 0 Sell and 1 Hold. Therefore 86% are positive. MacQuarie Infrastructure had 19 analyst reports since August 5, 2015 according to SRatingsIntel. The rating was maintained by JP Morgan on Thursday, March 24 with “Overweight”. On Thursday, February 23 the stock rating was maintained by Barclays Capital with “Overweight”. The firm has “Buy” rating by Suntrust Robinson given on Tuesday, March 21. SunTrust maintained the stock with “Buy” rating in Thursday, November 2 report. As per Wednesday, November 2, the company rating was maintained by RBC Capital Markets. The stock of Macquarie Infrastructure Corporation (NYSE:MIC) has “Buy” rating given on Monday, September 25 by RBC Capital Markets. RBC Capital Markets maintained the stock with “Outperform” rating in Wednesday, August 5 report. The stock has “Outperform” rating by RBC Capital Markets on Thursday, February 23. The rating was maintained by RBC Capital Markets with “Buy” on Tuesday, January 16. The firm earned “Buy” rating on Sunday, October 29 by RBC Capital Markets. Below is a list of Macquarie Infrastructure Corporation (NYSE:MIC) latest ratings and price target changes.

16/01/2018 Broker: RBC Capital Markets Rating: Buy New Target: $80.0 Maintain
06/11/2017 Broker: RBC Capital Markets Rating: Buy New Target: $88.0 Maintain
02/11/2017 Broker: SunTrust Rating: Buy New Target: $96.0 Maintain
29/10/2017 Broker: RBC Capital Markets Rating: Buy New Target: $93.0 Maintain
25/09/2017 Broker: RBC Capital Markets Rating: Buy New Target: $93.0 Maintain
20/08/2017 Broker: RBC Capital Markets Rating: Buy New Target: $93.0 Maintain

The stock decreased 0.11% or $0.07 during the last trading session, reaching $63.51. About 123,814 shares traded. Macquarie Infrastructure Corporation (NYSE:MIC) has risen 11.18% since January 19, 2017 and is uptrending. It has underperformed by 5.52% the S&P500.

Macquarie Infrastructure Corporation, through its subsidiaries, owns and operates a portfolio of businesses that provide services to businesses, government agencies, and individuals. The company has market cap of $5.37 billion. It operates through four divisions: International-Matex Tank Terminals , Atlantic Aviation, Contracted Power (CP), and MIC Hawaii. It has a 31.13 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.

Another recent and important Macquarie Infrastructure Corporation (NYSE:MIC) news was published by Gurufocus.com which published an article titled: “Berson & Corrado Investment Advisors, LLC Buys Flex, Time Warner Inc …” on January 10, 2018.

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