Tortoise Energy Infrastructure Corp 2017 Q4 Institutional Investor Sentiment Worse Than Expected

May 17, 2018 - By Robert Crowder

Sentiment for Tortoise Energy Infrastructure Corp (NYSE:TYG)

Tortoise Energy Infrastructure Corp (NYSE:TYG) institutional sentiment decreased to 0.98 in 2017 Q4. Its down -0.06, from 1.04 in 2017Q3. The ratio worsened, as 54 funds started new or increased equity positions, while 55 sold and reduced their equity positions in Tortoise Energy Infrastructure Corp. The funds in our partner’s database reported: 13.77 million shares, down from 13.85 million shares in 2017Q3. Also, the number of funds holding Tortoise Energy Infrastructure Corp in their top 10 equity positions decreased from 3 to 2 for a decrease of 1. Sold All: 13 Reduced: 42 Increased: 31 New Position: 23.

Tortoise Energy Infrastructure Corporation is a closed ended equity mutual fund launched and managed by Tortoise Capital Advisors L.L.C. The company has market cap of $1.55 billion. The fund invests in the public equity markets of the United States. It currently has negative earnings. It seeks to invest in the stocks of companies operating in the energy infrastructure sector, with an emphasis on those companies that are engaged in transporting, processing, storing, distributing or marketing natural gas, natural gas liquids , coal, crude oil or refined petroleum products, or exploring, developing, managing or producing such commodities.

The stock increased 0.80% or $0.24 during the last trading session, reaching $30.08. About 156,737 shares traded. Tortoise Energy Infrastructure Corporation (NYSE:TYG) has declined 24.20% since May 17, 2017 and is downtrending. It has underperformed by 35.75% the S&P500.

Whitnell & Co. holds 3.07% of its portfolio in Tortoise Energy Infrastructure Corporation for 251,546 shares. Paragon Capital Management Llc owns 270,051 shares or 2.59% of their US portfolio. Moreover, Boulegeris Investments Inc. has 2.38% invested in the company for 157,536 shares. The Illinois-based Cedar Hill Associates Llc has invested 2.11% in the stock. Lvm Capital Management Ltd Mi, a Michigan-based fund reported 235,779 shares.

More recent Tortoise Energy Infrastructure Corporation (NYSE:TYG) news were published by: which released: “Capital Link’s 17th Annual Closed-End Funds & Global ETFs Forum Thursday, May 17, 2018 – the Metropolitan Club …” on May 02, 2018. Also published the news titled: “Weekly Review: Master Limited Partnership CEFs” on May 09, 2018.‘s news article titled: “Master-Limited Partnerships (MLPs) Presenting at Capital Link’s 17th Annual Closed-End Funds & Global ETFs Forum …” with publication date: May 03, 2018 was also an interesting one.

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