Stock On Watch: Here is What Institutional Investors Think About Clearbridge American Energy MLP Fund Inc (NYSE:CBA)

November 16, 2016 - By Richard Conner   ·   0 Comments

Stock On Watch: Here is What Institutional Investors Think About Clearbridge American Energy MLP Fund Inc (NYSE:CBA)

Sentiment for Clearbridge American Energy MLP Fund Inc (NYSE:CBA)

Clearbridge American Energy MLP Fund Inc (NYSE:CBA) institutional sentiment increased to 1.07 in Q2 2016. Its up 0.13, from 0.94 in 2016Q1. The ratio improved, as 15 investment professionals increased and started new stock positions, while 14 sold and trimmed stakes in Clearbridge American Energy MLP Fund Inc. The investment professionals in our partner’s database now possess: 8.29 million shares, up from 8.20 million shares in 2016Q1. Also, the number of investment professionals holding Clearbridge American Energy MLP Fund Inc in their top 10 stock positions increased from 1 to 2 for an increase of 1. Sold All: 2 Reduced: 12 Increased: 11 New Position: 4.

ClearBridge American Energy MLP Fund Inc. is a non-diversified, closed-end management investment company. The company has a market cap of $513.81 million. The Fund’s investment objective is to provide a high level of total return, with an equal emphasis on current distributions and capital appreciation. It currently has negative earnings. The Fund seeks to achieve its objective by investing primarily in master limited partnerships (MLPs) in the energy sector.

About 144,165 shares traded hands. ClearBridge American Energy MLP Fund Inc (NYSE:CBA) has risen 24.29% since April 14, 2016 and is uptrending. It has outperformed by 19.61% the S&P500.

According to Zacks Investment Research, “ClearBridge American Energy MLP Fund Inc. is an investment management company. The Fund’s investment objective is to provide a total return with an equal emphasis on current distributions and capital appreciation. ClearBridge American Energy MLP Fund Inc. is based in New York.”

Rock Point Advisors Llc holds 3.21% of its portfolio in ClearBridge American Energy MLP Fund Inc for 693,930 shares. Doliver Capital Advisors Inc. owns 283,700 shares or 2.08% of their US portfolio. Moreover, Rivernorth Capital Management Llc has 0.23% invested in the company for 415,634 shares. The Colorado-based Advisors Asset Management Inc. has invested 0.19% in the stock. Sit Investment Associates Inc, a Minnesota-based fund reported 776,376 shares.#img1#

More notable recent ClearBridge American Energy MLP Fund Inc (NYSE:CBA) news were published by: Nasdaq.com which released: “ClearBridge American Energy MLP Fund Inc. (CBA) Ex-Dividend Date Scheduled for …” on November 15, 2016, also Businesswire.com with their article: “ClearBridge American Energy MLP Fund Inc. Announces Unaudited Balance Sheet …” published on November 07, 2016, Marketwatch.com published: “ClearBridge American Energy MLP Fund Inc.” on May 15, 2011. More interesting news about ClearBridge American Energy MLP Fund Inc (NYSE:CBA) were released by: Businesswire.com and their article: “ClearBridge American Energy MLP Fund Inc. Portfolio Composition as of …” published on August 19, 2016 as well as Businesswire.com‘s news article titled: “ClearBridge American Energy MLP Fund Inc. Announces Unaudited Balance Sheet …” with publication date: October 07, 2016.

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By Richard Conner


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