Overbrook Management Corp Lowered Macquarie Infrastructure Cor (MIC) Holding by $22.28 Million; Stock Value Declined

Macquarie Infrastructure Corporation (NYSE:MIC) LogoInvestors sentiment increased to 0.92 in 2018 Q3. Its up 0.14, from 0.78 in 2018Q2. It increased, as 33 investors sold MIC shares while 96 reduced holdings. 52 funds opened positions while 67 raised stakes. 67.90 million shares or 12.76% more from 60.21 million shares in 2018Q2 were reported. Teewinot Advisers Ltd Co has 4,000 shares for 0.06% of their portfolio. Martingale Asset Mngmt LP has invested 0% in Macquarie Infrastructure Corporation (NYSE:MIC). Cipher LP reported 0.53% in Macquarie Infrastructure Corporation (NYSE:MIC). Deroy Devereaux Private Counsel reported 8,300 shares. Cullen Frost Bankers invested in 0.01% or 4,598 shares. Selz Cap Lc owns 482,615 shares or 4.91% of their US portfolio. Nj State Employees Deferred Compensation Plan invested 0.05% in Macquarie Infrastructure Corporation (NYSE:MIC). Private Advisor Gp Ltd owns 4,506 shares for 0% of their portfolio. Teton Advisors, New York-based fund reported 16,000 shares. Grantham Mayo Van Otterloo & Co Limited Co invested in 0.06% or 176,000 shares. Westwood Holdings Gp reported 3,125 shares or 0% of all its holdings. Advsrs Asset Mgmt has invested 0.36% in Macquarie Infrastructure Corporation (NYSE:MIC). Zacks Invest Mngmt invested 0.07% in Macquarie Infrastructure Corporation (NYSE:MIC). Menta Ltd Llc invested in 8,286 shares. Clear Harbor Asset Limited Co has invested 0.67% in Macquarie Infrastructure Corporation (NYSE:MIC).

Overbrook Management Corp decreased its stake in Macquarie Infrastructure Cor (MIC) by 51.74% based on its latest 2018Q3 regulatory filing with the SEC. Overbrook Management Corp sold 309,453 shares as the company’s stock declined 13.35% with the market. The hedge fund held 288,695 shares of the oil refining and marketing company at the end of 2018Q3, valued at $20.84M, down from 598,148 at the end of the previous reported quarter. Overbrook Management Corp who had been investing in Macquarie Infrastructure Cor for a number of months, seems to be less bullish one the $3.48 billion market cap company. The stock increased 0.12% or $0.05 during the last trading session, reaching $40.59. About 105,904 shares traded. Macquarie Infrastructure Corporation (NYSE:MIC) has declined 38.93% since January 14, 2018 and is downtrending. It has underperformed by 38.93% the S&P500.

More notable recent Macquarie Infrastructure Corporation (NYSE:MIC) news were published by: Businesswire.com which released: “MACQUARIE INFRASTRUCTURE INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Macquarie Infrastructure Corporation – MIC – Business Wire” on January 05, 2019, also Seekingalpha.com with their article: “Macquarie: High-Yield Play Insiders Are Buying – Seeking Alpha” published on August 21, 2018, Zacks.com published: “Macquarie (MIC) Stock Sinks As Market Gains: What You Should Know – Zacks.com” on December 18, 2018. More interesting news about Macquarie Infrastructure Corporation (NYSE:MIC) were released by: Seekingalpha.com and their article: “Cheap Valuation And Aligned Interests Make This Infrastructure Play’s 11% Yield A Buy – Seeking Alpha” published on November 01, 2018 as well as Seekingalpha.com‘s news article titled: “Macquarie Infrastructure: 10% Dividend Made Even Safer By Balance Sheet Improvements – Seeking Alpha” with publication date: November 02, 2018.

Macquarie Infrastructure Corporation (NYSE:MIC) Institutional Positions Chart

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