Tortoise Pipeline & Energy Fund Inc (NYSE:TTP) Institutional Investor Sentiment Analysis

June 19, 2017 - By reb123z

 Tortoise Pipeline & Energy Fund Inc (NYSE:TTP) Institutional Investor Sentiment Analysis

Sentiment for Tortoise Pipeline & Energy Fund Inc (NYSE:TTP)

Tortoise Pipeline & Energy Fund Inc (NYSE:TTP) institutional sentiment increased to 1.27 in Q4 2016. Its up 0.46, from 0.81 in 2016Q3. The ratio improved, as 14 active investment managers increased and started new positions, while 11 trimmed and sold positions in Tortoise Pipeline & Energy Fund Inc. The active investment managers in our partner’s database now have: 2.34 million shares, up from 2.27 million shares in 2016Q3. Also, the number of active investment managers holding Tortoise Pipeline & Energy Fund Inc in their top 10 positions was flat from 0 to 0 for the same number . Sold All: 4 Reduced: 7 Increased: 9 New Position: 5.

Tortoise Pipeline & Energy Fund, Inc. is a non-diversified, closed-end management investment company. The company has market cap of $186.31 million. The Fund’s investment objective is to seek a high level of total return with an emphasis on current distributions. It currently has negative earnings. The Fund invests primarily in equity securities of North American pipeline companies that transport natural gas, natural gas liquids (NGLs), crude oil and refined products, and in other energy infrastructure companies.

The stock increased 0.16% or $0.03 on June 16, reaching $18.6. About shares traded. Tortoise Pipeline and Energy Fund Inc (NYSE:TTP) has 0.00% since June 19, 2016 and is . It has underperformed by 16.70% the S&P500.

Thomas J. Herzfeld Advisors Inc. holds 1.82% of its portfolio in Tortoise Pipeline and Energy Fund Inc for 182,257 shares. Advisors Asset Management Inc. owns 329,526 shares or 0.12% of their US portfolio. Moreover, Mariner Wealth Advisors Llc has 0.1% invested in the company for 98,425 shares. The Minnesota-based Sit Investment Associates Inc has invested 0.07% in the stock. Alpine Woods Capital Investors Llc, a New York-based fund reported 36,000 shares.#img1#

More news for Tortoise Pipeline and Energy Fund Inc (NYSE:TTP) were recently published by: Seekingalpha.com, which released: “Reviewing CEFs That Focus On MLPs: Avoiding The Dreaded K-1” on February 17, 2017. Twst.com‘s article titled: “Tortoise Pipeline & Energy Fund Inc.: vTv Therapeutics Completes Enrollment of …” and published on June 01, 2017 is yet another important article.

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