Maven Securities LTD bought a new stake in XPLR Infrastructure, LP (NYSE:XIFR – Free Report) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 100,749 shares of the solar energy provider’s stock, valued at approximately $1,025,000. Maven Securities LTD owned about 0.11% of XPLR Infrastructure as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. US Bancorp DE purchased a new position in shares of XPLR Infrastructure in the 3rd quarter valued at about $28,000. Steward Partners Investment Advisory LLC purchased a new stake in shares of XPLR Infrastructure during the second quarter worth approximately $25,000. Arrowstreet Capital Limited Partnership increased its stake in shares of XPLR Infrastructure by 1.2% during the third quarter. Arrowstreet Capital Limited Partnership now owns 354,034 shares of the solar energy provider’s stock worth $3,601,000 after buying an additional 4,193 shares during the period. Future Financial Wealth Managment LLC acquired a new stake in XPLR Infrastructure in the third quarter valued at approximately $55,000. Finally, JPMorgan Chase & Co. acquired a new stake in XPLR Infrastructure in the second quarter valued at approximately $55,000. Hedge funds and other institutional investors own 66.01% of the company’s stock.
XPLR Infrastructure Price Performance
XIFR stock opened at $10.67 on Wednesday. The business has a 50 day moving average price of $10.29 and a 200 day moving average price of $9.98. The company has a quick ratio of 0.84, a current ratio of 0.91 and a debt-to-equity ratio of 0.50. The stock has a market cap of $1.00 billion, a price-to-earnings ratio of -34.42 and a beta of 1.01. XPLR Infrastructure, LP has a fifty-two week low of $7.53 and a fifty-two week high of $11.43.
Analysts Set New Price Targets
Several research analysts have commented on the stock. Mizuho set a $12.00 price target on shares of XPLR Infrastructure in a report on Wednesday, February 11th. Royal Bank Of Canada assumed coverage on shares of XPLR Infrastructure in a report on Tuesday, January 6th. They issued an “outperform” rating and a $14.00 price objective on the stock. Morgan Stanley decreased their price objective on shares of XPLR Infrastructure from $11.00 to $10.00 and set an “underweight” rating for the company in a research report on Tuesday, December 2nd. Evercore reiterated a “hold” rating and set a $10.80 target price on shares of XPLR Infrastructure in a research note on Thursday, March 5th. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of XPLR Infrastructure in a report on Wednesday, January 21st. Two research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Reduce” and a consensus target price of $12.33.
View Our Latest Stock Report on XPLR Infrastructure
XPLR Infrastructure Profile
XPLR Infrastructure LP engages in the acquisition, management, and ownership of contracted clean energy projects with long-term cash flows. It owns interests in wind and solar projects in North America and natural gas infrastructure assets in Texas. The company was founded on March 6, 2014 and is headquartered in Juno Beach, FL.
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