Gamco Investors INC. ET AL Has $5.75 Million Stock Holdings in XPLR Infrastructure, LP $XIFR

Gamco Investors INC. ET AL grew its stake in XPLR Infrastructure, LP (NYSE:XIFRFree Report) by 25.3% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 575,168 shares of the solar energy provider’s stock after buying an additional 116,227 shares during the period. Gamco Investors INC. ET AL’s holdings in XPLR Infrastructure were worth $5,752,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Gabelli Funds LLC lifted its position in shares of XPLR Infrastructure by 14.0% in the 4th quarter. Gabelli Funds LLC now owns 500,850 shares of the solar energy provider’s stock worth $5,008,000 after purchasing an additional 61,612 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in shares of XPLR Infrastructure in the 4th quarter worth approximately $576,000. Mitsubishi UFJ Trust & Banking Corp lifted its position in shares of XPLR Infrastructure by 50.7% in the 4th quarter. Mitsubishi UFJ Trust & Banking Corp now owns 11,796 shares of the solar energy provider’s stock worth $118,000 after purchasing an additional 3,970 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in XPLR Infrastructure by 7.5% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 49,018 shares of the solar energy provider’s stock worth $490,000 after acquiring an additional 3,430 shares during the period. Finally, Invested Advisors grew its holdings in XPLR Infrastructure by 33.6% during the 4th quarter. Invested Advisors now owns 17,936 shares of the solar energy provider’s stock worth $179,000 after acquiring an additional 4,508 shares during the period. Institutional investors and hedge funds own 66.01% of the company’s stock.

XPLR Infrastructure Trading Down 5.6%

XIFR opened at $11.05 on Wednesday. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.02 and a quick ratio of 0.94. XPLR Infrastructure, LP has a fifty-two week low of $7.99 and a fifty-two week high of $12.61. The firm has a market capitalization of $1.04 billion, a PE ratio of 10.13 and a beta of 0.89. The company’s 50-day moving average is $10.55 and its 200 day moving average is $10.07.

XPLR Infrastructure (NYSE:XIFRGet Free Report) last announced its earnings results on Thursday, May 7th. The solar energy provider reported $0.35 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.07 by ($0.72). The company had revenue of $275.00 million for the quarter. XPLR Infrastructure had a net margin of 8.81% and a return on equity of 0.98%. The firm’s revenue was down 2.5% compared to the same quarter last year. During the same quarter last year, the firm posted ($1.05) earnings per share. As a group, research analysts predict that XPLR Infrastructure, LP will post -0.67 earnings per share for the current fiscal year.

Analyst Ratings Changes

XIFR has been the subject of a number of recent analyst reports. Weiss Ratings upgraded XPLR Infrastructure from a “sell (d)” rating to a “hold (c-)” rating in a report on Wednesday, May 13th. Canadian Imperial Bank of Commerce decreased their price target on XPLR Infrastructure from $11.50 to $11.00 and set a “neutral” rating for the company in a report on Monday, April 20th. Wall Street Zen downgraded XPLR Infrastructure from a “hold” rating to a “sell” rating in a report on Sunday. Morgan Stanley boosted their price target on XPLR Infrastructure from $10.00 to $11.00 and gave the company an “underweight” rating in a research note on Tuesday, April 7th. Finally, Mizuho set a $12.00 price target on XPLR Infrastructure in a research note on Wednesday, February 11th. Two analysts have rated the stock with a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $12.43.

View Our Latest Report on XIFR

XPLR Infrastructure Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for XPLR Infrastructure (NYSE:XIFR)

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