Pathway Financial Advisers LLC Has $734,000 Stake in XPLR Infrastructure, LP (NYSE:XIFR)

Pathway Financial Advisers LLC cut its holdings in shares of XPLR Infrastructure, LP (NYSE:XIFR) by 17.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 41,218 shares of the solar energy provider’s stock after selling 8,892 shares during the quarter. Pathway Financial Advisers LLC’s holdings in XPLR Infrastructure were worth $734,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the business. M&G PLC raised its holdings in XPLR Infrastructure by 19.3% in the 3rd 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. CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT bought a new position in shares of XPLR Infrastructure during the fourth quarter worth approximately $21,449,000. Redwood Grove Capital LLC lifted its holdings in XPLR Infrastructure by 19.7% during the 3rd quarter. Redwood Grove Capital LLC now owns 982,235 shares of the solar energy provider’s stock worth $27,129,000 after purchasing an additional 161,436 shares during the last quarter. abrdn plc boosted its stake in XPLR Infrastructure by 15.3% in the 4th quarter. abrdn plc now owns 980,200 shares of the solar energy provider’s stock valued at $17,242,000 after purchasing an additional 130,000 shares during the period. Finally, Rockefeller Capital Management L.P. grew its holdings in XPLR Infrastructure by 8.0% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 630,588 shares of the solar energy provider’s stock valued at $17,417,000 after buying an additional 46,728 shares in the last quarter. Institutional investors own 66.01% of the company’s stock.

Analyst Upgrades and Downgrades

XIFR has been the subject of a number of research reports. JPMorgan Chase & Co. dropped their target price on XPLR Infrastructure from $22.00 to $20.00 and set a “neutral” rating for the company in a report on Thursday, January 23rd. Guggenheim dropped their price objective on shares of XPLR Infrastructure from $17.00 to $12.00 and set a “neutral” rating for the company in a research note on Wednesday, January 29th. Evercore ISI decreased their target price on shares of XPLR Infrastructure from $32.00 to $30.00 and set an “outperform” rating on the stock in a research report on Thursday, October 24th. Scotiabank dropped their price target on shares of XPLR Infrastructure from $15.00 to $12.00 and set a “sector perform” rating for the company in a research report on Wednesday, January 29th. Finally, Barclays reduced their price target on XPLR Infrastructure from $17.00 to $7.00 and set an “underweight” rating on the stock in a research report on Monday, February 3rd. Three analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat.com, XPLR Infrastructure presently has an average rating of “Hold” and a consensus target price of $20.27.

XPLR Infrastructure Trading Down 0.5 %

Shares of XIFR opened at $8.51 on Thursday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.78 and a current ratio of 2.02. XPLR Infrastructure, LP has a 52-week low of $7.97 and a 52-week high of $35.15. The firm has a market cap of $795.94 million, a price-to-earnings ratio of -85.10 and a beta of 1.03. The business’s fifty day moving average is $15.64 and its 200-day moving average is $20.51.

XPLR Infrastructure (NYSE:XIFR) last released its earnings results on Tuesday, January 28th. The solar energy provider reported $0.99 earnings per share (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%. Equities analysts anticipate that XPLR Infrastructure, LP will post 2.33 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.