XPLR Infrastructure, LP (NYSE:XIFR) Stock Holdings Lifted by Swedbank AB

Swedbank AB raised its stake in XPLR Infrastructure, LP (NYSE:XIFR - Free Report) by 14.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 278,689 shares of the solar energy provider's stock after acquiring an additional 35,307 shares during the period. Swedbank AB owned 0.30% of XPLR Infrastructure worth $4,961,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in the stock. CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT acquired a new position in XPLR Infrastructure during the 4th quarter valued at approximately $21,449,000. Thrivent Financial for Lutherans bought a new stake in XPLR Infrastructure in the third quarter valued at $16,186,000. Two Sigma Advisers LP acquired a new position in shares of XPLR Infrastructure during the third quarter valued at $15,310,000. M&G PLC boosted its holdings in shares of XPLR Infrastructure by 19.3% during the third quarter. M&G PLC now owns 3,062,083 shares of the solar energy provider's stock valued at $85,738,000 after acquiring an additional 496,383 shares during the period. Finally, Redwood Grove Capital LLC increased its holdings in shares of XPLR Infrastructure by 19.7% in the 3rd quarter. Redwood Grove Capital LLC now owns 982,235 shares of the solar energy provider's stock worth $27,129,000 after acquiring an additional 161,436 shares during the period. 66.01% of the stock is owned by institutional investors.

XPLR Infrastructure Price Performance

XIFR stock traded down $0.28 on Tuesday, hitting $9.54. 4,540,726 shares of the company's stock traded hands, compared to its average volume of 4,475,347. The stock has a market cap of $892.28 million, a price-to-earnings 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 current ratio of 2.02, a quick ratio of 1.78 and a debt-to-equity ratio of 0.37. The stock has a fifty day moving average of $16.94 and a 200-day moving average of $21.36.

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, 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%. On average, analysts forecast that XPLR Infrastructure, LP will post 1.54 EPS for the current fiscal year.

Analyst Ratings Changes

XIFR has been the topic of several recent research reports. Morgan Stanley reiterated an "underweight" rating and issued a $13.00 price objective (down from $22.00) on shares of XPLR Infrastructure in a research report on Monday. Barclays cut their price target on XPLR Infrastructure from $17.00 to $7.00 and set an "underweight" rating on the stock in a report on Monday. Wells Fargo & Company decreased their price objective on XPLR Infrastructure from $33.00 to $13.00 and set an "equal weight" rating for the company in a report on Wednesday, January 29th. Jefferies Financial Group cut their target price on XPLR Infrastructure from $25.00 to $15.00 and set a "buy" rating on the stock in a research note on Wednesday, January 29th. Finally, Mizuho decreased their price target on XPLR Infrastructure from $33.00 to $26.00 and set a "neutral" rating for the company in a research note on Wednesday, October 9th. Three research analysts have rated the stock with a sell rating, fourteen have issued a hold rating and two have given a buy rating to the stock. According to MarketBeat.com, the company has an average 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.