Alps Advisors Has Decreased Macquarie Infrastructure Co (MIC) Holding By $6.57 Million; Eaton Vance Municipal Income Term Trust Has 3.75 Sentiment

February 15, 2018 - By Marie Mckinney

The stock decreased 0.05% or $0.0087 during the last trading session, reaching $19.1413. About 12,295 shares traded. Eaton Vance Municipal Income 2028 Term Trust (ETX) has 0.00% since February 15, 2017 and is . It has underperformed by 16.70% the S&P500.

Alps Advisors Inc decreased Macquarie Infrastructure Co (MIC) stake by 38.13% reported in 2017Q3 SEC filing. Alps Advisors Inc sold 91,294 shares as Macquarie Infrastructure Co (MIC)’s stock declined 1.43%. The Alps Advisors Inc holds 148,161 shares with $10.69 million value, down from 239,455 last quarter. Macquarie Infrastructure Co now has $5.52 billion valuation. The stock increased 1.94% or $1.24 during the last trading session, reaching $65.29. About 306,513 shares traded. Macquarie Infrastructure Corporation (NYSE:MIC) has risen 11.18% since February 15, 2017 and is uptrending. It has underperformed by 5.52% the S&P500.

Analysts await Macquarie Infrastructure Corporation (NYSE:MIC) to report earnings on February, 20. They expect $0.61 EPS, down 31.46% or $0.28 from last year’s $0.89 per share. MIC’s profit will be $51.58 million for 26.76 P/E if the $0.61 EPS becomes a reality. After $0.48 actual EPS reported by Macquarie Infrastructure Corporation for the previous quarter, Wall Street now forecasts 27.08% EPS growth.

Investors sentiment decreased to 1.46 in Q3 2017. Its down 0.07, from 1.53 in 2017Q2. It worsened, as 30 investors sold MIC 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. Dimensional Fund Advisors Lp reported 948,812 shares. 200 are owned by Burt Wealth Advsr. Moody Financial Bank Trust Division has invested 0.03% in Macquarie Infrastructure Corporation (NYSE:MIC). Neuberger Berman Group Ltd Liability Com has invested 0.02% of its portfolio in Macquarie Infrastructure Corporation (NYSE:MIC). Patten Group Inc reported 0.18% of its portfolio in Macquarie Infrastructure Corporation (NYSE:MIC). Essex Financial has 5,503 shares. Wellington Management Grp Incorporated Llp stated it has 0% in Macquarie Infrastructure Corporation (NYSE:MIC). Ubs Asset Management Americas, a Illinois-based fund reported 240,256 shares. Tiaa Cref Mgmt Limited Co holds 0.01% in Macquarie Infrastructure Corporation (NYSE:MIC) or 261,348 shares. United Financial Advisers Lc accumulated 245,778 shares. Invesco Ltd holds 0.02% or 615,743 shares in its portfolio. Citadel Advsrs Ltd Liability Company holds 742,391 shares. Advisors Asset Management Inc has invested 0.44% of its portfolio in Macquarie Infrastructure Corporation (NYSE:MIC). Macquarie Group Inc Incorporated Ltd has 0.01% invested in Macquarie Infrastructure Corporation (NYSE:MIC) for 108,600 shares. Winfield Associates Inc invested in 0% or 10 shares.

Alps Advisors Inc increased Antero Midstream Partners Lp (NYSE:AM) stake by 686,899 shares to 6.32 million valued at $199.21 million in 2017Q3. It also upped Gold Fields Ltd (NYSE:GFI) stake by 125,765 shares and now owns 1.02M shares. Navient Corp (NASDAQ:NAVI) was raised too.

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 firm has “Outperform” rating given on Friday, November 18 by Wells Fargo. The rating was downgraded by Barclays Capital on Tuesday, July 18 to “Equal-Weight”. RBC Capital Markets maintained Macquarie Infrastructure Corporation (NYSE:MIC) on Wednesday, August 5 with “Outperform” rating. On Tuesday, January 16 the stock rating was maintained by RBC Capital Markets with “Buy”. RBC Capital Markets maintained the stock with “Buy” rating in Monday, November 6 report. RBC Capital Markets maintained Macquarie Infrastructure Corporation (NYSE:MIC) rating on Monday, September 25. RBC Capital Markets has “Buy” rating and $93.0 target. JP Morgan maintained the shares of MIC in report on Thursday, March 24 with “Overweight” rating. The rating was maintained by SunTrust with “Buy” on Thursday, November 2. RBC Capital Markets maintained it with “Buy” rating and $93.0 target in Sunday, August 20 report. Suntrust Robinson initiated the stock with “Buy” rating in Tuesday, March 21 report.

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