Corenergy Infrastructure Trust Inc (NYSE:CORR) CEO David J. Schulte acquired 690 shares of the stock in a transaction dated Tuesday, January 9th. The stock was acquired at an average cost of $37.27 per share, with a total value of $25,716.30. Following the completion of the transaction, the chief executive officer now owns 21,610 shares in the company, valued at approximately $805,404.70. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link.

Shares of Corenergy Infrastructure Trust Inc (NYSE:CORR) opened at $38.56 on Friday. The company has a debt-to-equity ratio of 0.35, a current ratio of 5.33 and a quick ratio of 5.33. The company has a market capitalization of $459.22, a PE ratio of 16.77, a PEG ratio of 2.99 and a beta of 2.11. Corenergy Infrastructure Trust Inc has a 12 month low of $31.45 and a 12 month high of $38.90.

Several research analysts have recently weighed in on the company. BidaskClub raised Corenergy Infrastructure Trust from a “hold” rating to a “buy” rating in a research report on Saturday, September 30th. ValuEngine raised Corenergy Infrastructure Trust from a “buy” rating to a “strong-buy” rating in a research report on Friday, December 15th. Finally, Zacks Investment Research raised Corenergy Infrastructure Trust from a “sell” rating to a “hold” rating in a research report on Thursday, December 14th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and one has issued a strong buy rating to the company. Corenergy Infrastructure Trust presently has an average rating of “Hold” and an average price target of $37.50.

Institutional investors and hedge funds have recently modified their holdings of the company. Renaissance Technologies LLC boosted its stake in Corenergy Infrastructure Trust by 31.3% during the 2nd quarter. Renaissance Technologies LLC now owns 448,500 shares of the asset manager’s stock valued at $15,065,000 after purchasing an additional 107,000 shares during the last quarter. Vanguard Group Inc. boosted its stake in Corenergy Infrastructure Trust by 9.0% during the 2nd quarter. Vanguard Group Inc. now owns 611,713 shares of the asset manager’s stock valued at $20,548,000 after purchasing an additional 50,263 shares during the last quarter. Northern Trust Corp boosted its stake in Corenergy Infrastructure Trust by 9.7% during the 2nd quarter. Northern Trust Corp now owns 223,968 shares of the asset manager’s stock valued at $7,523,000 after purchasing an additional 19,727 shares during the last quarter. Benchmark Capital Advisors acquired a new position in Corenergy Infrastructure Trust during the 3rd quarter valued at about $621,000. Finally, Principal Financial Group Inc. acquired a new position in Corenergy Infrastructure Trust during the 2nd quarter valued at about $478,000. Institutional investors own 62.05% of the company’s stock.

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Corenergy Infrastructure Trust Company Profile

CorEnergy Infrastructure Trust, Inc (CorEnergy) is focused on acquiring and financing midstream and downstream real estate assets within the United States energy infrastructure sector and concurrently entering into long-term triple-net participating leases with energy companies. The Company also provides other types of capital, including loans secured by energy infrastructure assets.

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