Tortoise Energy Ownership
TYG Stock | USD 44.95 0.52 1.17% |
Please note, institutional investors have a lot of resources and new technology at their disposal. They can put in a lot of research and financial analysis when reviewing investment options. There are many different types of institutional investors, including banks, hedge funds, insurance companies, and pension plans. One of the main advantages they have over retail investors is the fees paid for trades. As they are buying in large quantities, they can manage their cost more effectively.
Tortoise |
Tortoise Stock Ownership Analysis
About 38.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.11. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Tortoise Energy Infr recorded earning per share (EPS) of 9.76. The entity last dividend was issued on the 22nd of November 2024. The firm had 1:4 split on the 1st of May 2020. Tortoise Energy Infrastructure Corporation is a closed ended equity mutual fund launched and managed by Tortoise Capital Advisors L.L.C. Tortoise Energy Infrastructure Corporation was formed on October 29, 2003 and is domiciled in the United States. Tortoise Energy operates under Asset Management classification in the United States and is traded on New York Stock Exchange. To find out more about Tortoise Energy Infrastructure contact P Adams at 913 981 1020 or learn more at https://www.tortoiseadvisors.com/tyg.cfm.Besides selling stocks to institutional investors, Tortoise Energy also allocates a substantial amount of its earnings to a pull of share-based compensation to be paid out to its employees, managers, executives, and members of the board of directors. Share-Based compensation (also sometimes called Stock-Based Compensation) is a way of paying different Tortoise Energy's stakeholders with equity in the business. It is typically used as a motivation factor for employees to contribute beyond their regular compensation (salary and bonus). It is also used as a tool to align Tortoise Energy's strategic interests with those of the company's shareholders. Shares issued to employees are usually subject to a vesting period before they are earned and sold.
Tortoise Energy Quarterly Liabilities And Stockholders Equity |
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Tortoise Energy Insider Trades History
Less than 1% of Tortoise Energy Infrastructure are currently held by insiders. Unlike Tortoise Energy's institutional investors, corporate insiders most likely have a limit on the maximum percentage of share ownership. This is done to align insiders' influence against Tortoise Energy's private investors even though both sides will benefit from rising prices or experience loss when the share price declines. The good rule to have in mind is that the maximum share ownership percentage of the corporate insiders should not surpass 25%. View all of Tortoise Energy's insider trades
Tortoise Energy Infr Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Tortoise Energy insiders, such as employees or executives, is commonly permitted as long as it does not rely on Tortoise Energy's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Tortoise Energy insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
P Adams over a month ago Insider Trading | ||
Conrad Ciccotello over two months ago Acquisition by Conrad Ciccotello of 100 shares of Tortoise Energy at 16.96 subject to Rule 16b-3 | ||
Shobana Gopal over two months ago Disposition of tradable shares by Shobana Gopal of Tortoise Energy at 34.94 subject to Rule 16b-3 | ||
P Adams over three months ago Insider Trading | ||
Malvey Kenneth P over six months ago Acquisition by Malvey Kenneth P of 200 shares of Tortoise Energy at 28.82 subject to Rule 16b-3 | ||
Jennifer Paquette over six months ago Acquisition by Jennifer Paquette of 100 shares of Tortoise Energy at 13.0 subject to Rule 16b-3 | ||
Conrad Ciccotello over six months ago Acquisition by Conrad Ciccotello of 200 shares of Tortoise Energy at 15.5 subject to Rule 16b-3 | ||
Terry Matlack over a year ago Small acquisition by Terry Matlack of tradable shares of Tortoise Energy subject to Section 16 | ||
Venerable Insurance Annuity Co over a year ago Purchase by Venerable Insurance Annuity Co of 1000000 shares of Tortoise Energy |
Tortoise Energy's latest congressional trading
Congressional trading in companies like Tortoise Energy Infr, is subject to rigorous scrutiny to prevent conflicts of interest and insider trading. This is governed by multiple SEC regulations which were established to foster transparency and deter members of Congress from leveraging non-public information for personal gain. This oversight helps maintain public trust and ensures that investments in Tortoise Energy by those in governmental positions are based on the same information available to the general public.
2022-01-18 | Representative Bill Pascrell | Acquired Under $15K | Verify |
Tortoise Energy Outstanding Bonds
Tortoise Energy issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Tortoise Energy Infr uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Tortoise bonds can be classified according to their maturity, which is the date when Tortoise Energy Infrastructure has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
Boeing Co 2196 Corp BondUS097023DG73 | View | |
HSBC Holdings PLC Corp BondUS404280DR76 | View | |
TOSCO P NEVADA Corp BondUS891490AT14 | View |
Tortoise Energy Corporate Filings
13A | 14th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
8K | 13th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
13A | 8th of November 2024 The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934 | ViewVerify |
5th of November 2024 Other Reports | ViewVerify |
Currently Active Assets on Macroaxis
When determining whether Tortoise Energy Infr is a strong investment it is important to analyze Tortoise Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Tortoise Energy's future performance. For an informed investment choice regarding Tortoise Stock, refer to the following important reports:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tortoise Energy Infrastructure. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tortoise Energy. If investors know Tortoise will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tortoise Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.097 | Dividend Share 2.84 | Earnings Share 9.76 | Revenue Per Share 1.265 | Quarterly Revenue Growth (0.25) |
The market value of Tortoise Energy Infr is measured differently than its book value, which is the value of Tortoise that is recorded on the company's balance sheet. Investors also form their own opinion of Tortoise Energy's value that differs from its market value or its book value, called intrinsic value, which is Tortoise Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tortoise Energy's market value can be influenced by many factors that don't directly affect Tortoise Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tortoise Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tortoise Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tortoise Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.