Tiedemann Advisors LLC raised its stake in Corenergy Infrastructure Trust Inc (NYSE:CORR) by 3.2% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 13,360 shares of the asset manager’s stock after purchasing an additional 420 shares during the period. Tiedemann Advisors LLC owned 0.10% of Corenergy Infrastructure Trust worth $631,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently bought and sold shares of CORR. BlackRock Inc. grew its stake in shares of Corenergy Infrastructure Trust by 23.7% during the second quarter. BlackRock Inc. now owns 1,060,562 shares of the asset manager’s stock worth $42,062,000 after acquiring an additional 203,315 shares during the last quarter. Renaissance Technologies LLC grew its stake in shares of Corenergy Infrastructure Trust by 9.1% during the second quarter. Renaissance Technologies LLC now owns 988,000 shares of the asset manager’s stock worth $39,184,000 after acquiring an additional 82,200 shares during the last quarter. Nuveen Asset Management LLC purchased a new stake in shares of Corenergy Infrastructure Trust during the second quarter worth about $2,062,000. Kayne Anderson Capital Advisors LP purchased a new stake in shares of Corenergy Infrastructure Trust during the third quarter worth about $1,534,000. Finally, Vanguard Group Inc. grew its stake in shares of Corenergy Infrastructure Trust by 2.4% during the second quarter. Vanguard Group Inc. now owns 1,350,608 shares of the asset manager’s stock worth $53,565,000 after acquiring an additional 31,343 shares during the last quarter. Institutional investors own 62.18% of the company’s stock.

Shares of Corenergy Infrastructure Trust stock traded down $0.20 on Friday, reaching $44.68. 65,059 shares of the stock were exchanged, compared to its average volume of 106,750. The company has a quick ratio of 14.81, a current ratio of 14.81 and a debt-to-equity ratio of 0.45. Corenergy Infrastructure Trust Inc has a twelve month low of $32.52 and a twelve month high of $49.75. The firm has a market capitalization of $608.31 million, a price-to-earnings ratio of 12.08 and a beta of 1.37. The business has a 50 day moving average price of $46.95 and a two-hundred day moving average price of $43.12.

The company also recently announced a quarterly dividend, which will be paid on Friday, November 29th. Investors of record on Friday, November 15th will be issued a dividend of $0.75 per share. This represents a $3.00 dividend on an annualized basis and a dividend yield of 6.71%. The ex-dividend date is Thursday, November 14th. Corenergy Infrastructure Trust’s dividend payout ratio (DPR) is 81.08%.

Separately, Zacks Investment Research lowered Corenergy Infrastructure Trust from a “hold” rating to a “sell” rating in a research note on Monday, November 4th.

About Corenergy Infrastructure Trust

CorEnergy Infrastructure Trust, Inc (NYSE: CORR, CORRPrA), is a real estate investment trust (REIT) that owns critical energy assets, such as pipelines, storage terminals, and transmission and distribution assets. We receive long-term contracted revenue from operators of our assets, primarily under triple-net participating leases.

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Institutional Ownership by Quarter for Corenergy Infrastructure Trust (NYSE:CORR)

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