XPLR Infrastructure, LP $XIFR Shares Bought by Aventail Capital Group LP

Aventail Capital Group LP boosted its holdings in shares of XPLR Infrastructure, LP (NYSE:XIFR) by 39.2% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 1,608,601 shares of the solar energy provider’s stock after buying an additional 453,144 shares during the quarter. XPLR Infrastructure makes up approximately 0.9% of Aventail Capital Group LP’s holdings, making the stock its 27th largest holding. Aventail Capital Group LP’s holdings in XPLR Infrastructure were worth $16,086,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in the business. 180 Wealth Advisors LLC grew its stake in XPLR Infrastructure by 3.2% during the 4th quarter. 180 Wealth Advisors LLC now owns 32,861 shares of the solar energy provider’s stock valued at $329,000 after purchasing an additional 1,014 shares during the last quarter. Stifel Financial Corp increased its holdings in shares of XPLR Infrastructure by 7.7% in the fourth quarter. Stifel Financial Corp now owns 22,786 shares of the solar energy provider’s stock valued at $228,000 after purchasing an additional 1,637 shares during the period. Deutsche Bank AG increased its holdings in shares of XPLR Infrastructure by 8.4% in the fourth quarter. Deutsche Bank AG now owns 27,521 shares of the solar energy provider’s stock valued at $275,000 after purchasing an additional 2,125 shares during the period. Central Pacific Bank Trust Division increased its holdings in shares of XPLR Infrastructure by 14.7% in the fourth quarter. Central Pacific Bank Trust Division now owns 19,500 shares of the solar energy provider’s stock valued at $195,000 after purchasing an additional 2,500 shares during the period. Finally, Huntington National Bank increased its holdings in shares of XPLR Infrastructure by 715.6% in the fourth quarter. Huntington National Bank now owns 3,075 shares of the solar energy provider’s stock valued at $31,000 after purchasing an additional 2,698 shares during the period. 66.01% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on XIFR shares. Wall Street Zen raised XPLR Infrastructure from a “sell” rating to a “hold” rating in a report on Saturday, May 30th. Canadian Imperial Bank of Commerce cut their price objective on XPLR Infrastructure from $11.50 to $11.00 and set a “neutral” rating on the stock in a report on Monday, April 20th. Morgan Stanley increased their price objective on XPLR Infrastructure from $11.00 to $12.00 and gave the company an “underweight” rating in a report on Wednesday, May 20th. Evercore set a $11.00 price objective on XPLR Infrastructure in a report on Monday, May 11th. Finally, Weiss Ratings raised XPLR Infrastructure from a “sell (d)” rating to a “hold (c-)” rating in a report on Wednesday, May 13th. Two equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, XPLR Infrastructure presently has an average rating of “Hold” and a consensus price target of $12.57.

XPLR Infrastructure Stock Down 0.5%

Shares of XIFR opened at $11.64 on Thursday. XPLR Infrastructure, LP has a 52 week low of $7.99 and a 52 week high of $13.25. The company has a quick ratio of 0.94, a current ratio of 1.02 and a debt-to-equity ratio of 0.53. The company has a market capitalization of $1.10 billion, a price-to-earnings ratio of 10.68 and a beta of 0.95. The stock’s 50-day moving average price is $11.16 and its 200-day moving average price is $10.43.

XPLR Infrastructure (NYSE:XIFR) last issued its earnings results on Thursday, May 7th. The solar energy provider reported $0.35 EPS for the quarter, missing analysts’ consensus estimates of $1.07 by ($0.72). XPLR Infrastructure had a return on equity of 0.98% and a net margin of 8.81%.The company had revenue of $275.00 million during the quarter. During the same quarter last year, the firm earned ($1.05) EPS. The firm’s revenue was down 2.5% on a year-over-year basis. On average, sell-side analysts predict that XPLR Infrastructure, LP will post -1.34 EPS for the current year.

XPLR Infrastructure Company 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.