As Callaway Golf Co Com (ELY) Market Valuation Rose, Holder Grace & White Has Cut by $310,954 Its Holding; Yost Capital Management Trimmed Its Macquarie Infrastructure Cor (MIC) Holding by $2.21 Million; Valuation Declined

February 18, 2018 - By Nellie Frank

Yost Capital Management Llc decreased its stake in Macquarie Infrastructure Cor (MIC) by 16.69% based on its latest 2017Q3 regulatory filing with the SEC. Yost Capital Management Llc sold 30,640 shares as the company’s stock declined 1.43% while stock markets rallied. The institutional investor held 152,943 shares of the oil refining and marketing company at the end of 2017Q3, valued at $11.04M, down from 183,583 at the end of the previous reported quarter. Yost Capital Management Llc who had been investing in Macquarie Infrastructure Cor for a number of months, seems to be less bullish one the $5.49 billion market cap company. The stock decreased 0.31% or $0.2 during the last trading session, reaching $64.91. About 480,018 shares traded. Macquarie Infrastructure Corporation (NYSE:MIC) has risen 11.18% since February 18, 2017 and is uptrending. It has underperformed by 5.52% the S&P500.

Grace & White Inc decreased its stake in Callaway Golf Co Com (ELY) by 3.19% based on its latest 2017Q3 regulatory filing with the SEC. Grace & White Inc sold 22,211 shares as the company’s stock rose 22.71% with the market. The institutional investor held 673,216 shares of the recreational products and toys company at the end of 2017Q3, valued at $9.72 million, down from 695,427 at the end of the previous reported quarter. Grace & White Inc who had been investing in Callaway Golf Co Com for a number of months, seems to be less bullish one the $1.49B market cap company. The stock decreased 0.94% or $0.15 during the last trading session, reaching $15.76. About 530,121 shares traded. Callaway Golf Company (NYSE:ELY) has risen 39.56% since February 18, 2017 and is uptrending. It has outperformed by 22.86% the S&P500.

Investors sentiment decreased to 1.19 in 2017 Q3. Its down 0.25, from 1.44 in 2017Q2. It is negative, as 20 investors sold ELY shares while 64 reduced holdings. 28 funds opened positions while 72 raised stakes. 82.05 million shares or 4.77% more from 78.32 million shares in 2017Q2 were reported. Platinum Mngmt has invested 0.57% in Callaway Golf Company (NYSE:ELY). New York-based Oppenheimer And Inc has invested 0.03% in Callaway Golf Company (NYSE:ELY). Los Angeles Capital And Equity Rech Inc holds 0% in Callaway Golf Company (NYSE:ELY) or 33,670 shares. Arrowstreet Cap Partnership has 14,000 shares. 196,354 are held by Rhumbline Advisers. Aqr Mngmt Ltd Com has 0% invested in Callaway Golf Company (NYSE:ELY) for 94,960 shares. Glenmede Trust Co Na has 2.62M shares for 0.17% of their portfolio. Sanctuary Wealth Ltd Liability Co, California-based fund reported 571 shares. Parametrica Mgmt Limited accumulated 38,700 shares or 0.24% of the stock. Blackrock stated it has 0.01% in Callaway Golf Company (NYSE:ELY). Dc Cap Limited reported 650,000 shares or 6.2% of all its holdings. Gotham Asset Mngmt Ltd Company owns 46,378 shares or 0.01% of their US portfolio. Alliancebernstein Lp has invested 0% in Callaway Golf Company (NYSE:ELY). Atria Investments Limited owns 0.02% invested in Callaway Golf Company (NYSE:ELY) for 19,933 shares. Regions invested 0.01% of its portfolio in Callaway Golf Company (NYSE:ELY).

Grace & White Inc, which manages about $820.58M and $480.93 million US Long portfolio, upped its stake in Aspen Insurance Holdings Ltdsh (NYSE:AHL) by 75,750 shares to 82,250 shares, valued at $3.32 million in 2017Q3, according to the filing. It also increased its holding in Summit Hotel Pptys Inc Com (NYSE:INN) by 36,500 shares in the quarter, for a total of 242,049 shares, and has risen its stake in Murphy Oil Corp Com (NYSE:MUR).

Since August 29, 2017, it had 0 insider purchases, and 7 selling transactions for $2.01 million activity. $268,951 worth of Callaway Golf Company (NYSE:ELY) shares were sold by Thomas Jennifer L.. Lynch Brian P. also sold $384,519 worth of Callaway Golf Company (NYSE:ELY) shares. Leposky Mark F had sold 31,691 shares worth $443,674.

Among 16 analysts covering Callaway Golf (NYSE:ELY), 12 have Buy rating, 0 Sell and 4 Hold. Therefore 75% are positive. Callaway Golf had 43 analyst reports since August 23, 2015 according to SRatingsIntel. The company was maintained on Thursday, September 28 by Roth Capital. The rating was maintained by DA Davidson on Wednesday, December 27 with “Buy”. The firm earned “Buy” rating on Tuesday, June 6 by Jefferies. The stock of Callaway Golf Company (NYSE:ELY) earned “Hold” rating by Forward View Consulting on Saturday, August 5. Jefferies maintained the stock with “Buy” rating in Thursday, October 26 report. The stock of Callaway Golf Company (NYSE:ELY) has “Overweight” rating given on Thursday, August 31 by KeyBanc Capital Markets. The firm has “Buy” rating given on Friday, October 20 by KeyBanc Capital Markets. The firm has “Hold” rating given on Tuesday, February 6 by Cowen & Co. The company was upgraded on Wednesday, February 24 by DA Davidson. The stock of Callaway Golf Company (NYSE:ELY) earned “Buy” rating by Ladenburg Thalmann on Monday, January 4.

Investors sentiment decreased to 1.46 in Q3 2017. Its down 0.07, from 1.53 in 2017Q2. It fall, 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. Overbrook Mngmt Corporation accumulated 288,695 shares or 4.71% of the stock. 129,760 are owned by Commonwealth Of Pennsylvania School Empls Retrmt System. Jefferies Group Inc Ltd Liability reported 0% stake. Nordea Investment Mgmt invested in 0% or 2,340 shares. 128,268 were accumulated by Punch Assocs Invest Management Inc. Cambridge Advsr, Iowa-based fund reported 9,283 shares. Avalon Advsr Lc owns 179,497 shares or 0.41% of their US portfolio. Cap Advisers Limited Liability Corp holds 0.15% or 245,778 shares in its portfolio. Sterling Cap Management Limited Company holds 10,580 shares or 0.01% of its portfolio. State Bank Of Montreal Can has 0.01% invested in Macquarie Infrastructure Corporation (NYSE:MIC). 37 were reported by Parallax Volatility Advisers Limited Partnership. Wespac Advsrs Limited Liability Company holds 12,719 shares or 0.61% of its portfolio. Envestnet Asset Mgmt Inc accumulated 0% or 881 shares. Palisade Cap Mgmt Ltd Liability Com Nj accumulated 0.01% or 3,500 shares. Panagora Asset Inc stated it has 0% of its portfolio in Macquarie Infrastructure Corporation (NYSE:MIC).

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. On Tuesday, July 18 the stock rating was downgraded by Barclays Capital to “Equal-Weight”. RBC Capital Markets maintained it with “Outperform” rating and $108 target in Wednesday, August 5 report. Barclays Capital maintained the stock with “Overweight” rating in Thursday, February 23 report. The stock has “Buy” rating by SunTrust on Thursday, November 2. JP Morgan maintained the stock with “Overweight” rating in Thursday, March 24 report. The stock of Macquarie Infrastructure Corporation (NYSE:MIC) has “Buy” rating given on Monday, September 25 by RBC Capital Markets. The firm has “Buy” rating by RBC Capital Markets given on Tuesday, January 16. On Friday, November 18 the stock rating was reinitiated by Wells Fargo with “Outperform”. Suntrust Robinson initiated Macquarie Infrastructure Corporation (NYSE:MIC) on Tuesday, March 21 with “Buy” rating. RBC Capital Markets maintained the shares of MIC in report on Thursday, February 23 with “Outperform” rating.

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 26.60 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.

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