XPLR Infrastructure, LP $XIFR Stock Holdings Raised by Gabelli Funds LLC

Gabelli Funds LLC grew its stake in XPLR Infrastructure, LP (NYSE:XIFR) by 10.3% during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 552,400 shares of the solar energy provider’s stock after purchasing an additional 51,550 shares during the quarter. Gabelli Funds LLC’s holdings in XPLR Infrastructure were worth $5,866,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of XIFR. Anchorage Capital Advisors L.P. grew its stake in XPLR Infrastructure by 109.8% in the fourth quarter. Anchorage Capital Advisors L.P. now owns 6,899,310 shares of the solar energy provider’s stock worth $68,993,000 after purchasing an additional 3,610,961 shares in the last quarter. Adage Capital Partners GP L.L.C. raised its stake in XPLR Infrastructure by 557.1% during the fourth quarter. Adage Capital Partners GP L.L.C. now owns 4,600,000 shares of the solar energy provider’s stock valued at $46,000,000 after buying an additional 3,900,000 shares in the last quarter. MUFG Securities EMEA plc bought a new position in XPLR Infrastructure during the 2nd quarter worth approximately $16,400,000. Aventail Capital Group LP lifted its holdings in XPLR Infrastructure by 39.2% during the 4th quarter. Aventail Capital Group LP now owns 1,608,601 shares of the solar energy provider’s stock worth $16,086,000 after buying an additional 453,144 shares during the last quarter. Finally, Prescott Group Capital Management L.L.C. grew its position in shares of XPLR Infrastructure by 22.0% in the 4th quarter. Prescott Group Capital Management L.L.C. now owns 1,331,085 shares of the solar energy provider’s stock worth $13,311,000 after acquiring an additional 240,000 shares in the last quarter. Institutional investors own 66.01% of the company’s stock.

XPLR Infrastructure Stock Performance

Shares of XIFR stock opened at $12.62 on Tuesday. The company has a market cap of $1.19 billion, a P/E ratio of 11.58 and a beta of 0.94. The business has a 50 day moving average of $12.01 and a two-hundred day moving average of $10.97. XPLR Infrastructure, LP has a 52 week low of $8.68 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.

XPLR Infrastructure (NYSE:XIFR) last announced its quarterly earnings results on Thursday, May 7th. The solar energy provider reported $0.35 earnings per share for the quarter, missing analysts’ consensus estimates of $1.07 by ($0.72). The company had revenue of $275.00 million for the quarter. XPLR Infrastructure had a return on equity of 0.98% and a net margin of 8.81%.The company’s revenue for the quarter was down 2.5% on a year-over-year basis. During the same quarter last year, the firm earned ($1.05) EPS. As a group, analysts anticipate that XPLR Infrastructure, LP will post -1.41 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the company. Weiss Ratings upgraded XPLR Infrastructure from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, July 1st. Wall Street Zen upgraded XPLR Infrastructure from a “sell” rating to a “hold” rating in a research note on Sunday. Morgan Stanley lifted their price objective on shares of XPLR Infrastructure from $11.00 to $12.00 and gave the stock an “underweight” rating in a report on Wednesday, May 20th. Evercore set a $11.00 target price on shares of XPLR Infrastructure in a research note on Monday, May 11th. Finally, Canadian Imperial Bank of Commerce reissued a “neutral” rating and set a $12.00 target price on shares of XPLR Infrastructure in a report on Friday, July 17th. One investment analyst has rated the stock with a Buy rating, three have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Reduce” and a consensus target price of $12.17.

About XPLR Infrastructure

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.