Stifel Nicolaus Reiterates $37 Target On CorEnergy Infr Trust (CORR), Reiterates “Hold” Rating; Ingredion (INGR) SI Decreased By 7.1%

May 8, 2018 - By Vivian Currie

Ingredion Incorporated (NYSE:INGR) Logo

Ingredion Incorporated (NYSE:INGR) had a decrease of 7.1% in short interest. INGR’s SI was 1.86 million shares in May as released by FINRA. Its down 7.1% from 2.00 million shares previously. With 375,500 avg volume, 5 days are for Ingredion Incorporated (NYSE:INGR)’s short sellers to cover INGR’s short positions. The SI to Ingredion Incorporated’s float is 2.61%. The stock decreased 1.56% or $1.77 during the last trading session, reaching $111.51. About 664,290 shares traded or 56.71% up from the average. Ingredion Incorporated (NYSE:INGR) has risen 6.23% since May 8, 2017 and is uptrending. It has underperformed by 5.32% the S&P500.

The firm have set target price of $37 on CorEnergy Infr Trust (NYSE:CORR) shares. This is -3.62% from the previous stock close. In an analyst report issued to clients on 8 May, Stifel Nicolaus kept their “Hold” rating on shares of CORR.

More news for CorEnergy Infrastructure Trust, Inc. (NYSE:CORR) were recently published by: Seekingalpha.com, which released: “CorEnergy Infrastructure Trust’s (CORR) CEO David Schulte on Q1 2018 Results – Earnings Call Transcript” on May 02, 2018. Businesswire.com‘s article titled: “CorEnergy Declares Common and Preferred Dividends and Schedules Earnings Release for First Quarter 2018” and published on April 25, 2018 is yet another important article.

CorEnergy Infrastructure Trust, Inc

The stock increased 0.42% or $0.16 during the last trading session, reaching $38.39. About 147,307 shares traded or 74.78% up from the average. CorEnergy Infrastructure Trust, Inc. (NYSE:CORR) has risen 15.23% since May 8, 2017 and is uptrending. It has outperformed by 3.68% the S&P500.

Among 5 analysts covering CorEnergy Infrastructure Trust (NYSE:CORR), 2 have Buy rating, 1 Sell and 2 Hold. Therefore 40% are positive. CorEnergy Infrastructure Trust has $37 highest and $3 lowest target. $33.50’s average target is -12.74% below currents $38.39 stock price. CorEnergy Infrastructure Trust had 15 analyst reports since August 12, 2015 according to SRatingsIntel. The stock of CorEnergy Infrastructure Trust, Inc. (NYSE:CORR) has “Buy” rating given on Thursday, September 22 by DA Davidson. The stock of CorEnergy Infrastructure Trust, Inc. (NYSE:CORR) earned “Market Perform” rating by Wells Fargo on Thursday, February 25. The firm earned “Buy” rating on Tuesday, November 15 by Stifel Nicolaus. The stock of CorEnergy Infrastructure Trust, Inc. (NYSE:CORR) has “Buy” rating given on Wednesday, December 21 by Stifel Nicolaus. The stock of CorEnergy Infrastructure Trust, Inc. (NYSE:CORR) has “Buy” rating given on Wednesday, June 1 by Stifel Nicolaus. The firm earned “Hold” rating on Thursday, January 28 by Stifel Nicolaus. The company was downgraded on Monday, October 17 by RBC Capital Markets. The firm has “Neutral” rating given on Wednesday, December 9 by Bank of America. The firm has “Hold” rating given on Thursday, August 11 by Stifel Nicolaus. As per Friday, August 12, the company rating was maintained by RBC Capital Markets.

Investors sentiment decreased to 1 in 2017 Q4. Its down 0.05, from 1.05 in 2017Q3. It is negative, as 26 investors sold Ingredion Incorporated shares while 155 reduced holdings. 61 funds opened positions while 120 raised stakes. 59.96 million shares or 0.78% more from 59.50 million shares in 2017Q3 were reported. Assetmark Incorporated holds 418 shares or 0% of its portfolio. Swiss Financial Bank invested in 0.04% or 264,100 shares. Wright Investors owns 3,616 shares for 0.17% of their portfolio. Prudential Inc holds 0.09% of its portfolio in Ingredion Incorporated (NYSE:INGR) for 481,146 shares. James Investment accumulated 8,605 shares or 0.04% of the stock. Commonwealth Of Pennsylvania School Empls Retrmt has 0.03% invested in Ingredion Incorporated (NYSE:INGR) for 14,007 shares. Rhumbline Advisers stated it has 0.04% of its portfolio in Ingredion Incorporated (NYSE:INGR). Clarivest Asset Management Lc reported 0.48% stake. Geode Capital Ltd Liability Co has invested 0.03% in Ingredion Incorporated (NYSE:INGR). First Mercantile owns 0.04% invested in Ingredion Incorporated (NYSE:INGR) for 1,292 shares. Huntington Commercial Bank invested in 2,195 shares or 0% of the stock. Twin Cap has invested 0.05% in Ingredion Incorporated (NYSE:INGR). Suntrust Banks Incorporated invested in 0.01% or 12,097 shares. 14,422 are owned by Amalgamated National Bank & Trust. Balyasny Asset Mngmt Ltd Limited Liability Company invested 0% of its portfolio in Ingredion Incorporated (NYSE:INGR).

Among 7 analysts covering Ingredion Inc (NYSE:INGR), 3 have Buy rating, 1 Sell and 3 Hold. Therefore 43% are positive. Ingredion Inc had 25 analyst reports since August 3, 2015 according to SRatingsIntel. BMO Capital Markets maintained the stock with “Hold” rating in Wednesday, September 27 report. The company was downgraded on Friday, May 4 by Citigroup. The company was maintained on Friday, May 4 by Credit Suisse. Jefferies maintained the stock with “Buy” rating in Friday, October 27 report. The firm earned “Buy” rating on Wednesday, June 15 by Citigroup. The firm has “Hold” rating given on Thursday, April 13 by BMO Capital Markets. Jefferies maintained Ingredion Incorporated (NYSE:INGR) on Monday, September 25 with “Buy” rating. The stock of Ingredion Incorporated (NYSE:INGR) earned “Hold” rating by BMO Capital Markets on Monday, June 26. The stock of Ingredion Incorporated (NYSE:INGR) has “Buy” rating given on Wednesday, January 10 by Credit Suisse. The rating was upgraded by Stephens to “Overweight” on Wednesday, November 15.

Ingredion Incorporated (NYSE:INGR) Institutional Positions Chart

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