Everett Harris & Co. CA Acquires New Shares in XPLR Infrastructure, LP (NYSE:XIFR)

Everett Harris & Co. CA acquired a new stake in XPLR Infrastructure, LP (NYSE:XIFR - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 30,515 shares of the solar energy provider's stock, valued at approximately $543,000.

Other institutional investors also recently added to or reduced their stakes in the company. Swedbank AB boosted its stake in shares of XPLR Infrastructure by 14.5% during the 4th quarter. Swedbank AB now owns 278,689 shares of the solar energy provider's stock worth $4,961,000 after acquiring an additional 35,307 shares in the last quarter. CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT acquired a new position in XPLR Infrastructure during the fourth quarter worth $21,449,000. LexAurum Advisors LLC purchased a new stake in XPLR Infrastructure during the fourth quarter worth $215,000. Clear Harbor Asset Management LLC acquired a new stake in shares of XPLR Infrastructure during the 4th quarter worth about $1,509,000. Finally, Wealthcare Advisory Partners LLC acquired a new position in shares of XPLR Infrastructure in the fourth quarter valued at approximately $211,000. Hedge funds and other institutional investors own 66.01% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms recently commented on XIFR. Scotiabank dropped their target price on XPLR Infrastructure from $15.00 to $12.00 and set a "sector perform" rating for the company in a research note on Wednesday, January 29th. Jefferies Financial Group lowered their price target on XPLR Infrastructure from $25.00 to $15.00 and set a "buy" rating for the company in a report on Wednesday, January 29th. BNP Paribas upgraded shares of XPLR Infrastructure from an "underperform" rating to a "neutral" rating in a research note on Monday. Guggenheim lowered their price objective on XPLR Infrastructure from $17.00 to $12.00 and set a "neutral" rating for the company in a research note on Wednesday, January 29th. Finally, Mizuho dropped their target price on shares of XPLR Infrastructure from $33.00 to $26.00 and set a "neutral" rating for the company in a research report on Wednesday, October 9th. Three equities research analysts have rated the stock with a sell rating, fourteen have given a hold rating and two have given a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $20.27.

XPLR Infrastructure Stock Performance

XIFR stock traded down $0.28 during trading on Tuesday, reaching $9.54. 4,541,168 shares of the company's stock were exchanged, compared to its average volume of 4,482,854. The company's fifty day moving average price is $16.78 and its 200-day moving average price is $21.24. The firm has a market cap of $892.28 million, a PE ratio of -95.40 and a beta of 1.03. XPLR Infrastructure, LP has a 1-year low of $9.37 and a 1-year high of $35.15. The company has a quick ratio of 1.78, a current ratio of 2.02 and a debt-to-equity ratio of 0.37.

XPLR Infrastructure (NYSE:XIFR - Get Free Report) last announced its quarterly earnings data on Tuesday, January 28th. The solar energy provider reported $0.99 EPS for the quarter, topping analysts' consensus estimates of $0.79 by $0.20. XPLR Infrastructure had a positive return on equity of 1.34% and a negative net margin of 0.73%. On average, research analysts expect that XPLR Infrastructure, LP will post 1.54 EPS for the current fiscal year.

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.