Janney Montgomery Scott LLC Has $905,000 Stock Holdings in XPLR Infrastructure, LP (NYSE:XIFR)

Janney Montgomery Scott LLC lessened its position in shares of XPLR Infrastructure, LP (NYSE:XIFR - Free Report) by 58.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 50,823 shares of the solar energy provider's stock after selling 70,436 shares during the period. Janney Montgomery Scott LLC owned approximately 0.05% of XPLR Infrastructure worth $905,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. M&G PLC boosted its position in XPLR Infrastructure by 19.3% during the 3rd quarter. M&G PLC now owns 3,062,083 shares of the solar energy provider's stock worth $85,738,000 after purchasing an additional 496,383 shares during the period. Assenagon Asset Management S.A. lifted its stake in shares of XPLR Infrastructure by 59.6% during the fourth quarter. Assenagon Asset Management S.A. now owns 173,251 shares of the solar energy provider's stock worth $3,084,000 after purchasing an additional 64,673 shares in the last quarter. Franklin Resources Inc. boosted its position in shares of XPLR Infrastructure by 89.4% in the third quarter. Franklin Resources Inc. now owns 78,930 shares of the solar energy provider's stock worth $2,049,000 after buying an additional 37,265 shares during the period. Thrivent Financial for Lutherans acquired a new stake in shares of XPLR Infrastructure in the third quarter valued at about $16,186,000. Finally, Healthcare of Ontario Pension Plan Trust Fund raised its holdings in shares of XPLR Infrastructure by 158.4% during the 3rd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 255,754 shares of the solar energy provider's stock valued at $7,064,000 after buying an additional 156,774 shares during the period. 66.01% of the stock is currently owned by institutional investors and hedge funds.

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XPLR Infrastructure Price Performance

Shares of XIFR traded down $0.15 during trading hours on Monday, hitting $8.31. 3,638,495 shares of the company were exchanged, compared to its average volume of 4,469,174. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.02 and a quick ratio of 1.78. The company has a market capitalization of $777.27 million, a PE ratio of -83.10 and a beta of 1.03. The firm has a fifty day simple moving average of $16.04 and a 200-day simple moving average of $20.72. XPLR Infrastructure, LP has a one year low of $8.29 and a one year high of $35.15.

XPLR Infrastructure (NYSE:XIFR - Get Free Report) last released its quarterly earnings results on Tuesday, January 28th. The solar energy provider reported $0.99 earnings per share for the quarter, beating 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%. As a group, sell-side analysts predict that XPLR Infrastructure, LP will post 2.33 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the stock. CIBC dropped their price objective on shares of XPLR Infrastructure from $26.00 to $21.00 and set a "neutral" rating on the stock in a research note on Wednesday, January 8th. BNP Paribas upgraded shares of XPLR Infrastructure from an "underperform" rating to a "neutral" rating in a report on Monday, February 3rd. JPMorgan Chase & Co. lowered their target price on XPLR Infrastructure from $22.00 to $20.00 and set a "neutral" rating for the company in a research note on Thursday, January 23rd. BMO Capital Markets reiterated a "market perform" rating and issued a $18.00 price target (down previously from $26.00) on shares of XPLR Infrastructure in a research note on Monday, January 13th. Finally, Evercore ISI lowered their price objective on XPLR Infrastructure from $32.00 to $30.00 and set an "outperform" rating for the company in a research note on Thursday, October 24th. Three investment analysts have rated the stock with a sell rating, fourteen have issued a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat.com, XPLR Infrastructure presently has a consensus rating of "Hold" and an average target price of $20.27.

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.