Ardsley Advisory Partners LP Sells 430,000 Shares of XPLR Infrastructure, LP $XIFR

Ardsley Advisory Partners LP lessened its holdings in XPLR Infrastructure, LP (NYSE:XIFR) by 48.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 450,000 shares of the solar energy provider’s stock after selling 430,000 shares during the quarter. Ardsley Advisory Partners LP owned 0.48% of XPLR Infrastructure worth $4,500,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of XIFR. JPMorgan Chase & Co. raised its stake in XPLR Infrastructure by 4,489.8% in the third quarter. JPMorgan Chase & Co. now owns 308,021 shares of the solar energy provider’s stock valued at $3,133,000 after purchasing an additional 301,310 shares in the last quarter. Anchorage Capital Advisors L.P. acquired a new position in XPLR Infrastructure during the third quarter worth about $33,443,000. Aberdeen Group plc acquired a new position in XPLR Infrastructure during the third quarter worth about $7,044,000. Counterpoint Mutual Funds LLC acquired a new position in XPLR Infrastructure during the third quarter worth about $3,148,000. Finally, Cbre Investment Management Listed Real Assets LLC acquired a new position in shares of XPLR Infrastructure in the third quarter valued at approximately $8,084,000. Institutional investors own 66.01% of the company’s stock.

XPLR Infrastructure Trading Down 0.5%

NYSE XIFR opened at $11.64 on Thursday. The stock has a market capitalization of $1.10 billion, a price-to-earnings ratio of 10.68 and a beta of 0.95. XPLR Infrastructure, LP has a one year low of $7.99 and a one year high of $13.25. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.02 and a quick ratio of 0.94. The business’s fifty day moving average is $11.16 and its 200-day moving average is $10.43.

XPLR Infrastructure (NYSE:XIFR) last released its earnings results on Thursday, May 7th. The solar energy provider reported $0.35 EPS for the quarter, missing analysts’ consensus estimates of $1.07 by ($0.72). XPLR Infrastructure had a return on equity of 0.98% and a net margin of 8.81%.The business had revenue of $275.00 million for the quarter. During the same quarter last year, the firm earned ($1.05) EPS. XPLR Infrastructure’s revenue for the quarter was down 2.5% on a year-over-year basis. Equities research analysts predict that XPLR Infrastructure, LP will post -1.34 EPS for the current year.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on XIFR shares. Wall Street Zen raised XPLR Infrastructure from a “sell” rating to a “hold” rating in a research note on Saturday, May 30th. Evercore set a $11.00 price objective on shares of XPLR Infrastructure in a research report on Monday, May 11th. Morgan Stanley raised their price objective on shares of XPLR Infrastructure from $11.00 to $12.00 and gave the stock an “underweight” rating in a research report on Wednesday, May 20th. Weiss Ratings upgraded XPLR Infrastructure from a “sell (d)” rating to a “hold (c-)” rating in a report on Wednesday, May 13th. Finally, Canadian Imperial Bank of Commerce cut their target price on XPLR Infrastructure from $11.50 to $11.00 and set a “neutral” rating on the stock in a report on Monday, April 20th. Two investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, XPLR Infrastructure has an average rating of “Hold” and an average price target of $12.57.

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.