Tiger Legatus Capital Management Has Upped Its Macquarie Infrastructure Cor (MIC) Stake by $2.38 Million; British Amern Tob Plc (BTI) Stake Held by Guardian Capital Lp

February 22, 2018 - By Peter Erickson

Guardian Capital Lp increased its stake in British Amern Tob Plc (BTI) by 28.18% based on its latest 2017Q3 regulatory filing with the SEC. Guardian Capital Lp bought 94,676 shares as the company’s stock rose 13.21% with the market. The institutional investor held 430,698 shares of the farming and seeds and milling company at the end of 2017Q3, valued at $26.90M, up from 336,022 at the end of the previous reported quarter. Guardian Capital Lp who had been investing in British Amern Tob Plc for a number of months, seems to be bullish on the $128.61B market cap company. The stock decreased 1.65% or $1.02 during the last trading session, reaching $60.68. About 1.82 million shares traded. British American Tobacco p.l.c. (NYSEMKT:BTI) has risen 17.78% since February 22, 2017 and is uptrending. It has outperformed by 1.08% the S&P500.

Jesse Ro increased its stake in Macquarie Infrastructure Cor (MIC) by 6.29% based on its latest 2017Q3 regulatory filing with the SEC. Tiger Legatus Capital Management Llc bought 33,000 shares as the company’s stock declined 1.43% while stock markets rallied. 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. Tiger Legatus Capital Management Llc who had been investing in Macquarie Infrastructure Cor for a number of months, seems to be bullish on the $3.20 billion market cap company. The stock decreased 40.54% or $25.79 during the last trading session, reaching $37.83. About 15.04M shares traded or 1689.74% up from the average. Macquarie Infrastructure Corporation (NYSE:MIC) has risen 11.18% since February 22, 2017 and is uptrending. It has underperformed by 5.52% the S&P500.

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 stock of Macquarie Infrastructure Corporation (NYSE:MIC) has “Outperform” rating given on Thursday, February 23 by RBC Capital Markets. The stock of Macquarie Infrastructure Corporation (NYSE:MIC) has “Buy” rating given on Monday, September 25 by RBC Capital Markets. The firm earned “Outperform” rating on Wednesday, November 2 by RBC Capital Markets. The rating was maintained by RBC Capital Markets with “Buy” on Monday, November 6. The firm has “Buy” rating by RBC Capital Markets given on Sunday, August 20. The firm has “Buy” rating given on Tuesday, January 16 by RBC Capital Markets. The company was initiated on Tuesday, March 21 by Suntrust Robinson. As per Thursday, November 2, the company rating was maintained by SunTrust. The stock has “Overweight” rating by JP Morgan on Thursday, March 24. The stock of Macquarie Infrastructure Corporation (NYSE:MIC) earned “Outperform” rating by Wells Fargo on Friday, November 18.

Investors sentiment decreased to 1.46 in Q3 2017. Its down 0.07, from 1.53 in 2017Q2. It turned negative, 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. Salem Investment Counselors Incorporated accumulated 59 shares. Jacobus Wealth Mgmt reported 2,165 shares. Fred Alger Mgmt, New York-based fund reported 14,551 shares. Boston Family Office Ltd Liability Co owns 0.15% invested in Macquarie Infrastructure Corporation (NYSE:MIC) for 17,781 shares. Biondo Investment Advsr Llc has 46,306 shares for 0.92% of their portfolio. Caisse De Depot Et Placement Du Quebec reported 48,744 shares. Eventide Asset Limited Liability owns 731,100 shares or 2.99% of their US portfolio. Renaissance Techs Ltd Limited Liability Company invested in 0.08% or 892,600 shares. Benjamin F Edwards stated it has 0.02% in Macquarie Infrastructure Corporation (NYSE:MIC). Steinberg Glob Asset Management holds 0.76% in Macquarie Infrastructure Corporation (NYSE:MIC) or 71,760 shares. New York-based Knott David M has invested 0.38% in Macquarie Infrastructure Corporation (NYSE:MIC). Brookstone Capital holds 4,303 shares or 0.03% of its portfolio. Neuberger Berman Gp Ltd Liability Co holds 0.02% or 198,081 shares. Panagora Asset Mgmt, a Massachusetts-based fund reported 5,406 shares. Bnp Paribas Arbitrage Sa has 297,128 shares for 0.05% of their portfolio.

Guardian Capital Lp, which manages about $6.76 billion US Long portfolio, decreased its stake in Mitel Networks Corp (NASDAQ:MITL) by 94,349 shares to 5.27M shares, valued at $44.02 million in 2017Q3, according to the filing. It also reduced its holding in Illinois Tool Wks Inc (NYSE:ITW) by 3,487 shares in the quarter, leaving it with 169,783 shares, and cut its stake in Cvs Health Corp (NYSE:CVS).

Among 7 analysts covering British Amrcn Tobacco (NYSEMKT:BTI), 5 have Buy rating, 1 Sell and 1 Hold. Therefore 71% are positive. British Amrcn Tobacco had 9 analyst reports since August 4, 2015 according to SRatingsIntel. On Thursday, May 25 the stock rating was initiated by Piper Jaffray with “Overweight”. The stock of British American Tobacco p.l.c. (NYSE:BTI) earned “Overweight” rating by Morgan Stanley on Wednesday, November 2. The rating was downgraded by Goldman Sachs to “Sell” on Thursday, December 10. The stock of British American Tobacco p.l.c. (NYSE:BTI) has “Hold” rating given on Friday, July 29 by Societe Generale. The company was upgraded on Thursday, September 8 by Investec. As per Tuesday, August 4, the company rating was reinitiated by Bank of America. The company was initiated on Tuesday, August 25 by Cowen & Co. Societe Generale upgraded the stock to “Buy” rating in Friday, October 28 report. Investec upgraded the stock to “Buy” rating in Friday, August 4 report.

- Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


>