LMR Partners LLP Has $7.98 Million Stock Holdings in Atlantica Sustainable Infrastructure plc (NASDAQ:AY)

LMR Partners LLP reduced its position in shares of Atlantica Sustainable Infrastructure plc (NASDAQ:AY - Free Report) by 11.2% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 363,254 shares of the utilities provider's stock after selling 45,624 shares during the period. LMR Partners LLP owned about 0.31% of Atlantica Sustainable Infrastructure worth $7,984,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Point72 Asia Singapore Pte. Ltd. bought a new stake in shares of Atlantica Sustainable Infrastructure during the second quarter valued at approximately $30,000. Headlands Technologies LLC increased its stake 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 valued at $90,000 after buying an additional 3,411 shares during the period. Covestor Ltd lifted its stake in shares of Atlantica Sustainable Infrastructure by 12.8% during the first quarter. Covestor Ltd now owns 9,385 shares of the utilities provider's stock valued at $173,000 after acquiring an additional 1,064 shares during the period. Virtu Financial LLC bought a new position in Atlantica Sustainable Infrastructure in the first quarter valued at about $196,000. Finally, Bright Futures Wealth Management LLC. acquired a new stake in Atlantica Sustainable Infrastructure in the first quarter worth about $236,000. 40.53% of the stock is owned by institutional investors.

Atlantica Sustainable Infrastructure Trading Up 0.0 %

Shares of Atlantica Sustainable Infrastructure stock traded up $0.01 during trading on Monday, hitting $22.12. 417,283 shares of the company were exchanged, compared to its average volume of 1,212,737. The firm has a market capitalization of $2.57 billion, a P/E ratio of 76.24, a price-to-earnings-growth ratio of 2.15 and a beta of 1.03. The firm's fifty day moving average price is $21.99 and its 200 day moving average price is $22.08. The company has a debt-to-equity ratio of 3.26, a current ratio of 1.35 and a quick ratio of 1.30. Atlantica Sustainable Infrastructure plc has a 1-year low of $16.82 and a 1-year high of $23.47.

Analysts Set New Price Targets

Separately, StockNews.com initiated coverage on shares of Atlantica Sustainable Infrastructure in a research note on Thursday. They issued a "sell" rating on the stock. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and two have given a buy rating to the company's stock. According to data from MarketBeat.com, Atlantica Sustainable Infrastructure 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.