Arcos Dorados Holdings (ARCO) Stake Has Raised by First Trust Bank Ltd; Tricadia Capital Management Has Lifted Stake in Macquarie Infrastructure Cor (MIC) as Share Value Declined

Macquarie Infrastructure Corporation (NYSE:MIC) Logo

Tricadia Capital Management Llc increased its stake in Macquarie Infrastructure Cor (MIC) by 41.79% based on its latest 2018Q3 regulatory filing with the SEC. Tricadia Capital Management Llc bought 83,570 shares as the company’s stock declined 13.35% with the market. The hedge fund held 283,570 shares of the oil refining and marketing company at the end of 2018Q3, valued at $13.08M, up from 200,000 at the end of the previous reported quarter. Tricadia Capital Management Llc who had been investing in Macquarie Infrastructure Cor for a number of months, seems to be bullish on the $3.74B market cap company. The stock increased 0.28% or $0.12 during the last trading session, reaching $43.67. About 415,805 shares traded. Macquarie Infrastructure Corporation (NYSE:MIC) has declined 38.93% since February 17, 2018 and is downtrending. It has underperformed by 38.93% the S&P500. Some Historical MIC News: 09/05/2018 – The Klein Law Firm Announces a Class Action Commenced on Behalf of Macquarie Infrastructure Corporation Shareholders and a Lead Plaintiff Deadline of June 25, 2018 (MIC); 07/05/2018 – Moab Partners Gratified That ISS has Recommended Against the Re-Election of Three Current Board Members of Macquarie Infrastructure Corp; 15/05/2018 – BLUE HARBOUR EXITED ZAYO, MIC, THS, LOGM, CLNS IN 1Q: 13F; 07/05/2018 – Moab Partners Gratified That ISS Has Recommended Against the Re-Election of Three Current Bd Members of Macquarie Infrastructure Corp; 29/05/2018 – S&PGR Revises Macquarie Infrastructure Corp Outlook To Neg; 15/05/2018 – Brookfield Asset Management Buys Into Macquarie Infrastructure; 30/04/2018 – The Klein Law Firm Notifies Investors of an Investigation Concerning Possible Violations of Federal Securities Laws by Macquari; 23/04/2018 – Moody’s assigns Baa3 rating to EP Infrastructure, a.s.’s bonds; 05/03/2018 Broadway World: BWW TV Exclusive: Future Stars From Around the World Step Up to the Open Mic at Broadway Sessions!; 17/04/2018 – MOAB CAPITAL – CALLS FOR A STRATEGIC REVIEW AT MACQUARIE INFRASTRUCTURE CORP

First Trust Bank Ltd increased its stake in Arcos Dorados Holdings Inc (ARCO) by 15.34% based on its latest 2018Q3 regulatory filing with the SEC. First Trust Bank Ltd bought 76,492 shares as the company’s stock rose 23.05% while stock markets declined. The institutional investor held 574,979 shares of the restaurants company at the end of 2018Q3, valued at $3.59M, up from 498,487 at the end of the previous reported quarter. First Trust Bank Ltd who had been investing in Arcos Dorados Holdings Inc for a number of months, seems to be bullish on the $1.77 billion market cap company. The stock increased 1.19% or $0.1 during the last trading session, reaching $8.5. About 422,551 shares traded. Arcos Dorados Holdings Inc. (NYSE:ARCO) has declined 13.33% since February 17, 2018 and is downtrending. It has underperformed by 13.33% the S&P500. Some Historical ARCO News: 09/05/2018 – Arcos Dorados Holdings 1Q EPS 6c; 27/04/2018 – REG-VINCI : Financing deal for ARCOS, which holds the concession for the A355 motorway; 16/04/2018 – SALESFORCE TO POWER PERSONALIZED CUSTOMER ENGAGEMENT FOR ARCOS; 14/03/2018 Arcos Dorados Closes Above 50-Day Moving Average: Technicals; 09/05/2018 – ARCOS DORADOS HOLDINGS INC – EXCLUDING VENEZUELA, QTRLY SYSTEMWIDE COMPARABLE SALES ROSE 9.8% YEAR-OVER-YEAR; 16/03/2018 – Arcos Dorados to Host the Annual General Shareholders’ Meeting; 27/04/2018 – Arcos Dorados Holdings Inc. Announces the Filing of Its Annual Report on Form 20-F for Fiscal Year 2017; 21/03/2018 – ARCOS DORADOS HOLDINGS INC – FOR 2017-2019 PERIOD, COMPANY NOW EXPECTS TO OPEN AT LEAST 200 NEW RESTAURANTS; 21/03/2018 – Arcos Dorados Holdings 4Q Rev $896.9M; 29/05/2018 – Arcos Dorados Presenting at Bank of America Conference Tomorrow

Among 4 analysts covering Arcos Dorados Holdings Inc. (NYSE:ARCO), 4 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Arcos Dorados Holdings Inc. had 6 analyst reports since August 12, 2015 according to SRatingsIntel. The firm has “Neutral” rating by Citigroup given on Monday, December 7. The stock of Arcos Dorados Holdings Inc. (NYSE:ARCO) has “Overweight” rating given on Monday, October 24 by Morgan Stanley. Bank of America downgraded the stock to “Neutral” rating in Wednesday, August 12 report. The firm earned “Buy” rating on Monday, August 28 by Citigroup. On Tuesday, April 11 the stock rating was upgraded by Bank of America to “Buy”.

More notable recent Arcos Dorados Holdings Inc. (NYSE:ARCO) news were published by: Investorplace.com which released: “10 Best Stocks Under $10 – Investorplace.com” on November 28, 2018, also Seekingalpha.com with their article: “Arcos Dorados: Diversify Your Fixed Income Portfolio With Short Exposure To Latin American Fast Food (4% Yield) – Seeking Alpha” published on December 06, 2017, Businesswire.com published: “Arcos Dorados Holdings Inc. (NYSE: ARCO) Third Quarter 2018 Conference Call – Business Wire” on October 25, 2018. More interesting news about Arcos Dorados Holdings Inc. (NYSE:ARCO) were released by: Fool.com and their article: “The 3 Worst Dividend Stocks of 2018 (So Far) – Motley Fool” published on July 25, 2018 as well as Seekingalpha.com‘s news article titled: “Arcos Dorados: Don’t Be Fooled By Temporary Weakness – Seeking Alpha” with publication date: October 05, 2018.

Among 8 analysts covering MacQuarie Infrastructure (NYSE:MIC), 3 have Buy rating, 1 Sell and 4 Hold. Therefore 38% are positive. MacQuarie Infrastructure had 27 analyst reports since August 5, 2015 according to SRatingsIntel. RBC Capital Markets maintained the stock with “Buy” rating in Sunday, August 20 report. The firm has “Hold” rating by SunTrust given on Sunday, April 22. Wells Fargo downgraded Macquarie Infrastructure Corporation (NYSE:MIC) on Friday, February 23 to “Market Perform” rating. The rating was maintained by RBC Capital Markets on Friday, February 23 with “Buy”. The stock has “Neutral” rating by JP Morgan on Friday, July 27. The stock has “Outperform” rating by RBC Capital Markets on Wednesday, August 5. RBC Capital Markets maintained Macquarie Infrastructure Corporation (NYSE:MIC) on Tuesday, January 16 with “Buy” rating. The rating was maintained by RBC Capital Markets on Wednesday, November 2 with “Outperform”. The firm has “Neutral” rating given on Thursday, February 22 by JP Morgan. The firm has “Buy” rating given on Monday, November 6 by RBC Capital Markets.

More notable recent Macquarie Infrastructure Corporation (NYSE:MIC) news were published by: Seekingalpha.com which released: “Macquarie: High-Yield Play Insiders Are Buying – Seeking Alpha” on August 21, 2018, also Seekingalpha.com with their article: “Cheap Valuation And Aligned Interests Make This Infrastructure Play’s 11% Yield A Buy – Seeking Alpha” published on November 01, 2018, Nasdaq.com published: “Want Huge Long-Term Gains? Look For These 5 Things… – Nasdaq” on January 29, 2019. More interesting news about Macquarie Infrastructure Corporation (NYSE:MIC) were released by: Prnewswire.com and their article: “Johnson Fistel, LLP Announces Investigations of AbbVie Inc., Macquarie Infrastructure Corporation, OPKO Health, Inc. and Uxin Limited; Investors Encouraged to Contact Firm – PRNewswire” published on February 05, 2019 as well as Seekingalpha.com‘s news article titled: “Macquarie Infrastructure Corp 2018 Q3 – Results – Earnings Call Slides – Seeking Alpha” with publication date: November 01, 2018.

Investors sentiment increased to 0.92 in Q3 2018. Its up 0.14, from 0.78 in 2018Q2. It improved, 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. Patten Grp Inc Incorporated Inc stated it has 0.42% of its portfolio in Macquarie Infrastructure Corporation (NYSE:MIC). Oppenheimer Asset has 14,117 shares. Art Advsrs Llc invested 0.15% of its portfolio in Macquarie Infrastructure Corporation (NYSE:MIC). Amalgamated Financial Bank accumulated 0.02% or 14,959 shares. Cove Street Capital reported 2.17% in Macquarie Infrastructure Corporation (NYSE:MIC). Royal Fincl Bank Of Canada holds 135,021 shares. Burt Wealth Advsr holds 0% in Macquarie Infrastructure Corporation (NYSE:MIC) or 200 shares. Advsr Asset Mngmt has 481,676 shares. California State Teachers Retirement Systems accumulated 129,671 shares. Investors Asset Management Of Georgia Ga Adv has 0.34% invested in Macquarie Infrastructure Corporation (NYSE:MIC). Blair William And Il invested in 5,268 shares or 0% of the stock. The Virginia-based Thompson Davis & Co has invested 0.1% in Macquarie Infrastructure Corporation (NYSE:MIC). Ameriprise invested 0% of its portfolio in Macquarie Infrastructure Corporation (NYSE:MIC). Miller Howard Inc holds 105,099 shares or 0.12% of its portfolio. Deutsche Bancorp Ag owns 101,950 shares.

Tricadia Capital Management Llc, which manages about $3.88B and $116.15M US Long portfolio, decreased its stake in On Deck Cap Inc by 129,600 shares to 352,258 shares, valued at $2.67 million in 2018Q3, according to the filing.

Macquarie Infrastructure Corporation (NYSE:MIC) Institutional Positions Chart

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