Goldman Sachs MLP and Energy Renassnc Fd (GER) Receives Media Sentiment Rating of 0.27

Goldman Sachs MLP and Energy Renassnc Fd (GER) Receives Media Sentiment Rating of 0.27

News coverage about Goldman Sachs MLP and Energy Renassnc Fd (NYSE:GER) has trended positive this week, according to Alpha One Sentiment. The research firm, a service of Accern, rates the sentiment of media coverage by analyzing more than twenty million news and blog sources. Alpha One ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Goldman Sachs MLP and Energy Renassnc Fd earned a news impact score of 0.27 on Alpha One’s scale. Alpha One also assigned media stories about the investment management company an impact score of 0 out of 100, indicating that recent media coverage is extremely unlikely to have an impact on the stock’s share price in the near future.

These are some of the news articles that may have effected AlphaOne Sentiment Analysis’s scoring:

Goldman Sachs MLP and Energy Renassnc Fd (NYSE:GER) traded up 2.48% during midday trading on Friday, hitting $7.86. 388,703 shares of the stock were exchanged. Goldman Sachs MLP and Energy Renassnc Fd has a 52 week low of $6.29 and a 52 week high of $8.90. The firm’s 50-day moving average is $7.92 and its 200 day moving average is $7.65.

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 26th. Investors of record on Friday, May 19th will be issued a dividend of $0.16 per share. This represents a $0.64 dividend on an annualized basis and a yield of 8.14%. The ex-dividend date is Wednesday, May 17th.

In other Goldman Sachs MLP and Energy Renassnc Fd news, insider Ganesh Jois bought 5,925 shares of Goldman Sachs MLP and Energy Renassnc Fd stock in a transaction that occurred on Thursday, February 9th. The stock was purchased at an average cost of $8.56 per share, for a total transaction of $50,718.00. Following the completion of the acquisition, the insider now owns 28,985 shares of the company’s stock, valued at approximately $248,111.60. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Kyri Loupis bought 150,000 shares of Goldman Sachs MLP and Energy Renassnc Fd stock in a transaction that occurred on Monday, February 13th. The shares were acquired at an average price of $8.77 per share, with a total value of $1,315,500.00. Following the completion of the acquisition, the insider now directly owns 250,400 shares of the company’s stock, valued at approximately $2,196,008. The disclosure for this purchase can be found here. Insiders have purchased 323,925 shares of company stock valued at $1,449,198 over the last 90 days.

About Goldman Sachs MLP and Energy Renassnc Fd

Goldman Sachs MLP and Energy Renaissance Fund is a non-diversified, closed-end management investment company. It seeks a high level of total return with an emphasis on current distributions to shareholders. It seeks to achieve its investment objective by investing primarily in master limited partnership (MLP) and other energy investments.

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