Macquarie Infrastructure Management (Usa) Who Is Macquarie Infrastructure (MIC) Insider, Obtained 160,800 Shares; Ballantyne Strong (BTN)’s Sentiment Is 0.55

June 13, 2018 - By rebbecca

Macquarie Infrastructure Corporation (NYSE:MIC) Logo

Sentiment for Ballantyne Strong Inc (BTN)

Ballantyne Strong Inc (BTN) investors sentiment decreased to 0.55 in Q1 2018. It’s down -0.23, from 0.78 in 2017Q4. The ratio dropped, as 6 investment managers opened new or increased stock positions, while 11 trimmed and sold stock positions in Ballantyne Strong Inc. The investment managers in our database now hold: 6.51 million shares, up from 6.38 million shares in 2017Q4. Also, the number of investment managers holding Ballantyne Strong Inc in top ten stock positions was flat from 0 to 0 for the same number . Sold All: 2 Reduced: 9 Increased: 3 New Position: 3.

Ariel Investments Llc holds 0.15% of its portfolio in Ballantyne Strong, Inc for 3.01 million shares. Perritt Capital Management Inc owns 100,000 shares or 0.15% of their US portfolio. Moreover, Bridgeway Capital Management Inc has 0.01% invested in the company for 134,920 shares. The New Jersey-based State Of New Jersey Common Pension Fund D has invested 0.01% in the stock. Bank Of America Corp De, a North Carolina-based fund reported 2,200 shares.

The stock increased 0.93% or $0.05 during the last trading session, reaching $5.45. About 177 shares traded. Ballantyne Strong, Inc (BTN) has declined 13.93% since June 13, 2017 and is downtrending. It has underperformed by 26.50% the S&P500. Some Historical BTN News: ; 10/03/2018 Hometown Source: Wrestling: Ballantyne’s state title is twice as nice; 08/05/2018 – Ballantyne Strong 1Q Loss/Shr 26c; 23/04/2018 – MTBOT – Largest Yellow Taxicab Trade Association in NYC – Announces Major Investment Deal with STRONG for Traditional and Digi; 14/03/2018 – Ballantyne Introduces Luxury, Artisanal Limited-Edition Collection; 19/04/2018 – Northeast Regional Council of Carpenters’ Executive Secretary-Treasurer John Ballantyne Named Chairman of the New Jersey Sports and Exposition Authority; 30/04/2018 – Strong/MDI Reaches Agreement with Eclipse Screens and Adds Curvilinear Screens for Themed Applications to Its Product Lineup; 19/04/2018 – Northeast Regional Council of Carpenters’ Executive Secretary-Treasurer John Ballantyne Named Chairman of the New Jersey Spo; 08/05/2018 – Ballantyne Strong 1Q Rev $15.8M; 23/04/2018 – DJ Ballantyne Strong Inc, Inst Holders, 1Q 2018 (BTN); 15/03/2018 – Ballantyne Strong 4Q Loss/Shr 7c

Ballantyne Strong, Inc. designs, integrates, and installs technology solutions for the retail, financial, government, and cinema markets worldwide. The company has market cap of $78.60 million. It operates through two divisions, Cinema and Digital Media. It currently has negative earnings. The Cinema segment provides audio-visual products and accessories, such as digital projectors, projection screens, servers and library management systems, menu boards, flat panel displays, and sound systems.

Macquarie Infrastructure Corporation, through its subsidiaries, owns and operates a portfolio of businesses that provide services to businesses, government agencies, and individuals. The company has market cap of $3.53 billion. It operates through four divisions: International-Matex Tank Terminals , Atlantic Aviation, Contracted Power (CP), and MIC Hawaii. It has a 7.59 P/E ratio. The IMTT segment offers bulk liquid storage, handling, and other services for petroleum products, chemicals, renewable fuels, and vegetable and animal oils at 10 marine terminals in the United States and 2 marine terminals in Canada.

Among 8 analysts covering MacQuarie Infrastructure (NYSE:MIC), 3 have Buy rating, 1 Sell and 4 Hold. Therefore 38% are positive. MacQuarie Infrastructure has $108 highest and $4500 lowest target. $78.50’s average target is 89.07% above currents $41.52 stock price. MacQuarie Infrastructure had 25 analyst reports since August 5, 2015 according to SRatingsIntel. RBC Capital Markets maintained Macquarie Infrastructure Corporation (NYSE:MIC) on Sunday, October 29 with “Buy” rating. The company was maintained on Wednesday, November 2 by RBC Capital Markets. The stock of Macquarie Infrastructure Corporation (NYSE:MIC) has “Hold” rating given on Thursday, February 22 by SunTrust. The firm earned “Outperform” rating on Friday, November 18 by Wells Fargo. On Thursday, February 23 the stock rating was maintained by RBC Capital Markets with “Outperform”. The stock has “Buy” rating by RBC Capital Markets on Monday, September 25. The stock of Macquarie Infrastructure Corporation (NYSE:MIC) has “Buy” rating given on Friday, February 23 by RBC Capital Markets. The stock of Macquarie Infrastructure Corporation (NYSE:MIC) earned “Buy” rating by RBC Capital Markets on Monday, November 6. As per Thursday, February 22, the company rating was downgraded by JP Morgan. The stock has “Hold” rating by SunTrust on Sunday, April 22.

Since May 10, 2018, it had 10 insider buys, and 0 selling transactions for $98.43 million activity. Macquarie Infrastructure Management (USA) INC bought $15.78 million worth of Macquarie Infrastructure Corporation (NYSE:MIC) on Friday, June 1.

Investors sentiment decreased to 0.97 in 2018 Q1. Its down 0.27, from 1.24 in 2017Q4. It fall, as 75 investors sold Macquarie Infrastructure Corporation shares while 90 reduced holdings. 51 funds opened positions while 109 raised stakes. 62.79 million shares or 2.07% less from 64.11 million shares in 2017Q4 were reported. Schwab Charles Invest Incorporated reported 369,027 shares. A D Beadell Invest Counsel reported 0.52% of its portfolio in Macquarie Infrastructure Corporation (NYSE:MIC). Loomis Sayles And Limited Partnership owns 13,221 shares. Geode Capital Management Limited Liability Corporation holds 0.01% or 723,766 shares in its portfolio. Ameriprise Fincl Inc reported 0.01% of its portfolio in Macquarie Infrastructure Corporation (NYSE:MIC). Cls Invs Ltd Liability Corp, a Nebraska-based fund reported 259 shares. Indiana-based First Financial In has invested 0.01% in Macquarie Infrastructure Corporation (NYSE:MIC). Trellus Management Co Limited Liability Co holds 30,000 shares. Raymond James Fincl Serv Advsrs owns 12,516 shares. Forest Hill Cap Ltd holds 0.94% or 94,084 shares in its portfolio. Selz Capital Ltd Liability Co, a New York-based fund reported 1.08M shares. Kayne Anderson Cap Ltd Partnership stated it has 0.22% of its portfolio in Macquarie Infrastructure Corporation (NYSE:MIC). State Of Wisconsin Inv Board holds 68,401 shares or 0.01% of its portfolio. Burt Wealth Advsrs reported 200 shares. Eii Mgmt Inc has 2,424 shares for 0.05% of their portfolio.

More recent Macquarie Infrastructure Corporation (NYSE:MIC) news were published by: Seekingalpha.com which released: “In Case Macquarie Infrastructure Loses More IMTT Customers” on May 29, 2018. Also Businesswire.com published the news titled: “Glancy Prongay & Murray LLP Announces the Filing of a Securities Class Action on Behalf of Macquarie Infrastructure ..” on June 11, 2018. Businesswire.com‘s news article titled: “All Six MIC Directors Reelected at Annual Meeting of Stockholders” with publication date: May 16, 2018 was also an interesting one.

Analysts await Macquarie Infrastructure Corporation (NYSE:MIC) to report earnings on August, 1. They expect $0.51 earnings per share, up 59.38% or $0.19 from last year’s $0.32 per share. MIC’s profit will be $43.40 million for 20.35 P/E if the $0.51 EPS becomes a reality. After $0.88 actual earnings per share reported by Macquarie Infrastructure Corporation for the previous quarter, Wall Street now forecasts -42.05% negative EPS growth.

Ballantyne Strong, Inc (NYSEAMERICAN:BTN) Institutional Positions Chart