Good Life Advisors LLC Buys Shares of 12,228 XPLR Infrastructure, LP (NYSE:XIFR)

Good Life Advisors LLC acquired a new stake in XPLR Infrastructure, LP (NYSE:XIFR) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 12,228 shares of the solar energy provider’s stock, valued at approximately $218,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Alberta Investment Management Corp purchased a new stake in shares of XPLR Infrastructure in the 4th quarter valued at $1,737,000. Truist Financial Corp raised its holdings in shares of XPLR Infrastructure by 10.1% in the 4th quarter. Truist Financial Corp now owns 11,434 shares of the solar energy provider’s stock valued at $204,000 after buying an additional 1,049 shares during the period. Castellan Group raised its holdings in shares of XPLR Infrastructure by 4.6% in the 4th quarter. Castellan Group now owns 131,599 shares of the solar energy provider’s stock valued at $2,342,000 after buying an additional 5,772 shares during the period. Avion Wealth raised its holdings in shares of XPLR Infrastructure by 610.2% in the 4th quarter. Avion Wealth now owns 2,642 shares of the solar energy provider’s stock valued at $47,000 after buying an additional 2,270 shares during the period. Finally, Entropy Technologies LP raised its holdings in shares of XPLR Infrastructure by 29.2% in the 4th quarter. Entropy Technologies LP now owns 28,675 shares of the solar energy provider’s stock valued at $510,000 after buying an additional 6,488 shares during the period. Hedge funds and other institutional investors own 66.01% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on XIFR shares. BMO Capital Markets restated a “market perform” rating and set a $18.00 price target (down previously from $26.00) on shares of XPLR Infrastructure in a report on Monday, January 13th. BNP Paribas upgraded XPLR Infrastructure from an “underperform” rating to a “neutral” rating in a report on Monday, February 3rd. CIBC cut their price target on XPLR Infrastructure from $26.00 to $21.00 and set a “neutral” rating on the stock in a report on Wednesday, January 8th. Jefferies Financial Group cut their price target on XPLR Infrastructure from $25.00 to $15.00 and set a “buy” rating on the stock in a report on Wednesday, January 29th. Finally, JPMorgan Chase & Co. cut their price target on XPLR Infrastructure from $22.00 to $20.00 and set a “neutral” rating on the stock in a report on Thursday, January 23rd. Three research 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. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $20.27.

XPLR Infrastructure Stock Down 0.2 %

Shares of NYSE XIFR opened at $9.33 on Friday. The stock has a market cap of $872.63 million, a PE ratio of -93.30 and a beta of 1.03. 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, LP has a 52-week low of $7.97 and a 52-week high of $35.15. The business has a 50-day moving average price of $14.37 and a 200 day moving average price of $19.71.

XPLR Infrastructure (NYSE:XIFR) last announced 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 research analysts forecast that XPLR Infrastructure, LP will post 2.33 earnings per share for the current 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.