GSA Capital Partners LLP Buys Shares of 61,673 Atlantica Sustainable Infrastructure plc (NASDAQ:AY)

GSA Capital Partners LLP bought a new stake in shares of Atlantica Sustainable Infrastructure plc (NASDAQ:AY - Free Report) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 61,673 shares of the utilities provider's stock, valued at approximately $1,356,000. GSA Capital Partners LLP owned approximately 0.05% of Atlantica Sustainable Infrastructure as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of AY. Point72 Asia Singapore Pte. Ltd. bought a new position in shares of Atlantica Sustainable Infrastructure in the 2nd quarter worth $30,000. Headlands Technologies LLC raised its position in shares of Atlantica Sustainable Infrastructure by 499.4% in the 2nd quarter. Headlands Technologies LLC now owns 4,094 shares of the utilities provider's stock worth $90,000 after acquiring an additional 3,411 shares in the last quarter. Covestor Ltd raised its position in shares of Atlantica Sustainable Infrastructure by 12.8% in the 1st quarter. Covestor Ltd now owns 9,385 shares of the utilities provider's stock worth $173,000 after acquiring an additional 1,064 shares in the last quarter. Virtu Financial LLC bought a new position in shares of Atlantica Sustainable Infrastructure in the 1st quarter worth $196,000. Finally, Bright Futures Wealth Management LLC. bought a new position in shares of Atlantica Sustainable Infrastructure in the 1st quarter worth $236,000. 40.53% of the stock is owned by institutional investors.

Atlantica Sustainable Infrastructure Price Performance

Shares of Atlantica Sustainable Infrastructure stock remained flat at $22.10 on Thursday. The stock had a trading volume of 103,082 shares, compared to its average volume of 1,215,233. The firm has a market capitalization of $2.56 billion, a P/E ratio of 66.97, a P/E/G ratio of 2.15 and a beta of 1.03. Atlantica Sustainable Infrastructure plc has a 1-year low of $16.82 and a 1-year high of $23.47. The business has a 50-day simple moving average of $21.98 and a 200-day simple moving average of $22.04. The company has a debt-to-equity ratio of 3.26, a current ratio of 1.35 and a quick ratio of 1.30.

Analyst Upgrades and Downgrades

Separately, StockNews.com assumed coverage on Atlantica Sustainable Infrastructure in a research note on Thursday. They set a "sell" rating on the stock. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Hold" and an average target price of $22.20.

Atlantica Sustainable Infrastructure Company Profile

Atlantica Sustainable Infrastructure plc owns, manages, and invests in renewable energy, storage, natural gas and heat, electric transmission lines, and water assets in North America, South America, Europe, the Middle East, and Africa. The company was formerly known as Atlantica Yield plc and changed its name to Atlantica Sustainable Infrastructure plc in May 2020.