Shares of Atlantica Yield PLC (NASDAQ:ABY) have been assigned a consensus recommendation of “Hold” from the nine research firms that are covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and four have assigned a buy rating to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $23.20.

Several equities research analysts have weighed in on the stock. BidaskClub cut shares of Atlantica Yield PLC from a “hold” rating to a “sell” rating in a research report on Friday, August 11th. Royal Bank Of Canada reissued a “buy” rating and set a $23.00 price target on shares of Atlantica Yield PLC in a research report on Monday. Zacks Investment Research raised shares of Atlantica Yield PLC from a “hold” rating to a “strong-buy” rating and set a $23.00 price target for the company in a research report on Tuesday, July 11th. Finally, Bank of America Corporation reissued a “buy” rating and set a $24.00 price target on shares of Atlantica Yield PLC in a research report on Tuesday, October 24th.

Large investors have recently bought and sold shares of the company. SG Americas Securities LLC purchased a new stake in shares of Atlantica Yield PLC in the 1st quarter worth about $119,000. Bronfman E.L. Rothschild L.P. purchased a new stake in shares of Atlantica Yield PLC in the 2nd quarter worth about $139,000. Sei Investments Co. lifted its position in shares of Atlantica Yield PLC by 885.9% in the 2nd quarter. Sei Investments Co. now owns 8,114 shares of the utilities provider’s stock worth $173,000 after purchasing an additional 7,291 shares during the period. Stevens Capital Management LP purchased a new stake in shares of Atlantica Yield PLC in the 3rd quarter worth about $214,000. Finally, Principal Financial Group Inc. purchased a new stake in shares of Atlantica Yield PLC in the 1st quarter worth about $254,000. 50.74% of the stock is owned by hedge funds and other institutional investors.

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About Atlantica Yield PLC

Atlantica Yield plc, formerly Abengoa Yield plc, is a total return company. The Company owns, manages, and acquires renewable energy, conventional power, electric transmission lines and water assets, focused on North America (the United States and Mexico), South America (Peru, Chile, Brazil and Uruguay) and Europe, Middle East and Africa (Spain, Algeria and South Africa).

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