Country Club Trust Company n.a. Has $4.51 Million Position in Macquarie Infrastructure Corp (MIC)

Country Club Trust Company n.a. reduced its stake in shares of Macquarie Infrastructure Corp (NYSE:MIC) by 1.5% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 70,221 shares of the conglomerate’s stock after selling 1,102 shares during the quarter. Country Club Trust Company n.a. owned 0.08% of Macquarie Infrastructure worth $4,508,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in the stock. Comerica Bank raised its holdings in shares of Macquarie Infrastructure by 2.0% during the 2nd quarter. Comerica Bank now owns 3,158 shares of the conglomerate’s stock valued at $240,000 after buying an additional 63 shares during the period. Toronto Dominion Bank raised its holdings in shares of Macquarie Infrastructure by 3.6% during the 2nd quarter. Toronto Dominion Bank now owns 3,056 shares of the conglomerate’s stock valued at $240,000 after buying an additional 107 shares during the period. Prudential Financial Inc. raised its holdings in shares of Macquarie Infrastructure by 10.5% during the 2nd quarter. Prudential Financial Inc. now owns 3,170 shares of the conglomerate’s stock valued at $249,000 after buying an additional 300 shares during the period. Public Employees Retirement System of Ohio raised its holdings in shares of Macquarie Infrastructure by 1.2% during the 2nd quarter. Public Employees Retirement System of Ohio now owns 36,535 shares of the conglomerate’s stock valued at $2,864,000 after buying an additional 438 shares during the period. Finally, Grand Jean Capital Management Inc. raised its holdings in shares of Macquarie Infrastructure by 0.5% during the 2nd quarter. Grand Jean Capital Management Inc. now owns 148,197 shares of the conglomerate’s stock valued at $11,619,000 after buying an additional 705 shares during the period. Institutional investors and hedge funds own 75.72% of the company’s stock.

In other news, Director Norman H. Brown, Jr. sold 2,151 shares of the business’s stock in a transaction that occurred on Tuesday, December 5th. The stock was sold at an average price of $66.07, for a total value of $142,116.57. Following the completion of the sale, the director now directly owns 46,925 shares in the company, valued at approximately $3,100,334.75. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Norman H. Brown, Jr. sold 1,732 shares of the business’s stock in a transaction that occurred on Wednesday, November 22nd. The shares were sold at an average price of $65.87, for a total value of $114,086.84. Following the completion of the sale, the director now owns 49,076 shares of the company’s stock, valued at $3,232,636.12. The disclosure for this sale can be found here. 5.90% of the stock is owned by insiders.

Macquarie Infrastructure Corp (NYSE MIC) traded up $0.58 during mid-day trading on Friday, reaching $65.92. The company’s stock had a trading volume of 841,300 shares, compared to its average volume of 998,412. The company has a quick ratio of 0.93, a current ratio of 1.07 and a debt-to-equity ratio of 1.11. Macquarie Infrastructure Corp has a 52 week low of $63.08 and a 52 week high of $83.48. The stock has a market cap of $5,520.00, a P/E ratio of 31.85 and a beta of 0.87.

Several equities research analysts have issued reports on the company. SunTrust Banks dropped their price objective on Macquarie Infrastructure to $75.00 and set a “buy” rating on the stock in a report on Wednesday, November 15th. Zacks Investment Research downgraded Macquarie Infrastructure from a “buy” rating to a “hold” rating in a report on Saturday, November 18th. One analyst has rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the stock. Macquarie Infrastructure presently has a consensus rating of “Hold” and an average price target of $83.75.

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About Macquarie Infrastructure

Macquarie Infrastructure Corporation owns and operates a group of businesses that provide services, such as bulk liquid terminalling and handling services. The Company operates through four segments: International-Matex Tank Terminals (IMTT), Atlantic Aviation, Contracted Power (CP) and MIC Hawaii. Its group of businesses also provides services, such as aircraft fueling, CP generation and utility gas services.

Institutional Ownership by Quarter for Macquarie Infrastructure (NYSE:MIC)

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