Tortoise Energy Infrastructure Corp (TYG): H Kevin Birzer , director other of Tortoise Energy Infrastructure Corp purchased 100 shares on Jul 5, 2016. The Insider buying transaction was reported by the company on Jul 5, 2016 to the Securities and Exchange Commission. The shares were purchased at $30.01 per share for a total value of $3,001.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Jul 5, 2016, H Kevin Birzer (director other) purchased 100 shares at $30.01 per share price.On Mar 7, 2016, Nicholas Scott Holmes (Vice President) purchased 750 shares at $26.60 per share price.Also, On Mar 4, 2016, P. Bradley Adams (Chief Executive Officer) purchased 770 shares at $26.34 per share price.On Dec 17, 2015, Conrad S Ciccotello (director) purchased 100 shares at $23.34 per share price.
Company has been under the radar of several Street Analysts.Tortoise Energy Infrastructure Corp. is Upgraded by Stifel to Buy and the brokerage firm has set the Price Target at $30. Earlier the firm had a rating of Hold on the company shares. The Rating was issued on Apr 26, 2016.
Tortoise Energy Infrastructure Corp. (The Fund) is a closed-end investment company. The Company primarily invests in equity securities of publicly-traded Master Limited Partnerships (MLPs) and their affiliates in the energy infrastructure sector. The Funds investment objective is to seek a high level of total return for its stockholders with an emphasis on distribution income paid to stockholders. It seeks to provide stockholders with an efficient vehicle to invest in the energy infrastructure sector. Tortoise Capital Advisors L.L.C. serves as the Funds investment adviser.