Corenergy Infrastructure Trust Inc (NYSE:CORR) SVP Rebecca M. Sandring bought 575 shares of the business’s stock in a transaction dated Wednesday, January 10th. The stock was acquired at an average cost of $36.93 per share, for a total transaction of $21,234.75. Following the completion of the acquisition, the senior vice president now directly owns 4,276 shares in the company, valued at $157,912.68. The purchase was disclosed in a legal filing with the SEC, which is available through this link.

Corenergy Infrastructure Trust Inc (NYSE:CORR) opened at $38.49 on Monday. 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 stock has a market cap of $458.39, a price-to-earnings ratio of 16.73, a price-to-earnings-growth ratio of 3.05 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.

Corenergy Infrastructure Trust (NYSE:CORR) last announced its quarterly earnings data on Wednesday, November 1st. The asset manager reported $0.57 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.07 by ($0.50). Corenergy Infrastructure Trust had a net margin of 42.81% and a return on equity of 7.94%. equities research analysts anticipate that Corenergy Infrastructure Trust Inc will post 4.21 earnings per share for the current fiscal year.

CORR has been the topic of a number of recent research reports. Zacks Investment Research cut shares of Corenergy Infrastructure Trust from a “hold” rating to a “sell” rating in a report on Friday, November 17th. BidaskClub cut shares of Corenergy Infrastructure Trust from a “buy” rating to a “hold” rating in a research note on Wednesday, October 25th. Finally, ValuEngine raised shares of Corenergy Infrastructure Trust from a “buy” rating to a “strong-buy” rating in a research note on Monday, October 16th. One research analyst has rated the stock with a sell rating, four have given a hold rating and one has assigned a strong buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $37.50.

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Rhumbline Advisers boosted its position in shares of Corenergy Infrastructure Trust by 1.1% during the 2nd quarter. Rhumbline Advisers now owns 16,455 shares of the asset manager’s stock worth $553,000 after purchasing an additional 173 shares in the last quarter. Legal & General Group Plc boosted its position in shares of Corenergy Infrastructure Trust by 0.9% during the 2nd quarter. Legal & General Group Plc now owns 3,189 shares of the asset manager’s stock worth $108,000 after purchasing an additional 30 shares in the last quarter. Principal Financial Group Inc. purchased a new stake in shares of Corenergy Infrastructure Trust during the 2nd quarter worth $478,000. Alliancebernstein L.P. boosted its position in shares of Corenergy Infrastructure Trust by 3.5% during the 2nd quarter. Alliancebernstein L.P. now owns 53,490 shares of the asset manager’s stock worth $1,797,000 after purchasing an additional 1,800 shares in the last quarter. Finally, Teachers Advisors LLC boosted its position in shares of Corenergy Infrastructure Trust by 0.9% during the 2nd quarter. Teachers Advisors LLC now owns 21,841 shares of the asset manager’s stock worth $734,000 after purchasing an additional 205 shares in the last quarter. 62.05% of the stock is currently owned by institutional investors.

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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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