Macquarie Infrastructure Corp (MIC) : Grand Jean Capital Management Inc added new position in Macquarie Infrastructure Corp during the most recent quarter end. The investment management firm now holds 123,877 shares of Macquarie Infrastructure Corp which is valued at $9,960,950 , the company said in a statement filed on Aug 10, 2016 with the SEC.Macquarie Infrastructure Corp makes up approximately 4.06% of Grand Jean Capital Management Inc’s portfolio.
Other Hedge Funds, Including , Blackrock Institutional Trust Company N.a. boosted its stake in MIC in the latest quarter, The investment management firm added 145,399 additional shares and now holds a total of 1,914,373 shares of Macquarie Infrastructure Corp which is valued at $153,934,733. Macquarie Infrastructure Corp makes up approx 0.02% of Blackrock Institutional Trust Company N.a.’s portfolio.Silver Capital Management reduced its stake in MIC by selling 190 shares or 1.02% in the most recent quarter. The Hedge Fund company now holds 18,460 shares of MIC which is valued at $1,465,539. Macquarie Infrastructure Corp makes up approx 6.60% of Silver Capital Management’s portfolio.Proficio Capital Partners boosted its stake in MIC in the latest quarter, The investment management firm added 11 additional shares and now holds a total of 40 shares of Macquarie Infrastructure Corp which is valued at $3,066. Country Club Trust Company N.a. added MIC to its portfolio by purchasing 3,000 company shares during the most recent quarter which is valued at $231,930. Macquarie Infrastructure Corp makes up approx 0.03% of Country Club Trust Company N.a.’s portfolio. Deroy Devereaux Private Investment Counsel Inc added MIC to its portfolio by purchasing 4,600 company shares during the most recent quarter which is valued at $349,922. Macquarie Infrastructure Corp makes up approx 0.05% of Deroy Devereaux Private Investment Counsel Inc’s portfolio.
Macquarie Infrastructure Corp closed down -0.15 points or -0.19% at $80.57 with 1,63,680 shares getting traded on Friday. Post opening the session at $80.36, the shares hit an intraday low of $80.18 and an intraday high of $80.72 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.
On the company’s financial health, Macquarie Infrastructure Corp reported $0.13 EPS for the quarter, missing the analyst consensus estimate by $ -0.23 based on the information available during the earnings call on Nov 2, 2015. Analyst had a consensus of $0.36. The company had revenue of $415.71 million for the quarter, compared to analysts expectations of $428.12 million. The company’s revenue was up 7.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $13.87 EPS.
Macquarie Infrastructure Company LLC owns operates and invests in a group of infrastructure businesses that provide basic services to businesses and individuals primarily in the United States. The Companys operational segments include International-Matex Tank Terminals (IMTT) engaged in bulk liquid terminals business which provides bulk liquid storage handling and other services at 10 marine terminals in the United States and two in Canada; Atlantic Aviation which includes a network of aviation fixed-base operations (FBOs) that provide fuel terminal aircraft hangaring and other services primarily to owners and operators of general aviation (GA) aircraft at 69 airports in the United States; Contracted Power and Energy (CP&E) which is engaged in selling energy generated by their facilities to creditworthy off-takers and Hawaii Gas a gas energy company processing and distributing gas and providing related services in Hawaii.