Today’s Stock On Watch: Macquarie Stock Decline in Q2 2016 Driven by Institutional Investors

November 17, 2016 - By Adrian Mccoy   ·   0 Comments

Today's Stock On Watch: Macquarie Stock Decline in  Q2 2016 Driven by Institutional Investors

Sentiment for Macquarie (NYSE:MFD)

Macquarie (NYSE:MFD) institutional sentiment decreased to 0.41 in 2016 Q2. Its down -0.04, from 0.45 in 2016Q1. The ratio dropped, as 7 investment managers started new or increased equity positions, while 17 decreased and sold their equity positions in Macquarie. The investment managers in our partner’s database now possess: 721,064 shares, up from 682,590 shares in 2016Q1. Also, the number of investment managers holding Macquarie in their top 10 equity positions was flat from 0 to 0 for the same number . Sold All: 7 Reduced: 10 Increased: 5 New Position: 2.

Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund is a non-diversified, closed-end management investment company. The company has a market cap of $93.40 million. The Fund’s investment objective is to seek a high level of current return consisting of dividends, interest and other similar income while attempting to preserve capital. It currently has negative earnings. The Fund seeks to achieve its investment objective by investing in the securities of companies that are involved in the management, ownership and/or operation of infrastructure and utility assets.

About 6,361 shares traded hands. Macquarie First Trust Global Infrstrctre (NYSE:MFD) has declined 9.09% since April 15, 2016 and is downtrending. It has underperformed by 13.71% the S&P500.

Doliver Capital Advisors Inc. holds 0.43% of its portfolio in Macquarie First Trust Global Infrstrctre for 41,014 shares. Greenwich Wealth Management Llc owns 102,255 shares or 0.26% of their US portfolio. Moreover, Rmb Capital Management Llc has 0.07% invested in the company for 102,061 shares. The Florida-based Ifc Holdings Incorporated Fl has invested 0.02% in the stock. Cetera Advisors Llc, a Colorado-based fund reported 10,080 shares.#img1#

MFD Company Profile

Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund (the Fund) is a non-diversified, closed-end management investment company. The Fund’s primary investment objective is to seek a high level of current return consisting of dividends, interest and other similar income, together with capital preservation. It invests in a non-diversified portfolio of equity, debt, preferred or convertible securities and other instruments (other instruments may include Canadian income trusts and Australian stapled securities) issued by United States and non-United States issuers that have as their primary focus (in terms of income and/or assets) the management, ownership and/or operation of infrastructure and utilities assets in a select group of countries.

More notable recent Macquarie First Trust Global Infrstrctre (NYSE:MFD) news were published by: Businesswire.com which released: “Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund …” on November 10, 2016, also Businesswire.com with their article: “Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund …” published on February 10, 2016, Businesswire.com published: “First Trust Advisors L.P. Announces Portfolio Manager Conference Call for …” on August 08, 2016. More interesting news about Macquarie First Trust Global Infrstrctre (NYSE:MFD) were released by: Businesswire.com and their article: “First Trust Advisors LP Announces Share Repurchase Programs for Certain Closed …” published on September 14, 2016 as well as Nasdaq.com‘s news article titled: “Noteworthy ETF Inflows: VEA, MFD, LN, CIZN” with publication date: November 15, 2016.

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.

By Adrian Mccoy


Readers Comments (0)





Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Market News

>