XPLR Infrastructure, LP $XIFR is Anchorage Capital Advisors L.P.’s Largest Position

Anchorage Capital Advisors L.P. increased its holdings in shares of XPLR Infrastructure, LP (NYSE:XIFR) by 109.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,899,310 shares of the solar energy provider’s stock after purchasing an additional 3,610,961 shares during the quarter. XPLR Infrastructure makes up 8.5% of Anchorage Capital Advisors L.P.’s portfolio, making the stock its biggest holding. Anchorage Capital Advisors L.P. owned approximately 7.34% of XPLR Infrastructure worth $68,993,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in XIFR. Adage Capital Partners GP L.L.C. grew its position in shares of XPLR Infrastructure by 557.1% during the fourth quarter. Adage Capital Partners GP L.L.C. now owns 4,600,000 shares of the solar energy provider’s stock worth $46,000,000 after purchasing an additional 3,900,000 shares in the last quarter. MUFG Securities EMEA plc purchased a new stake in shares of XPLR Infrastructure during the second quarter worth about $16,400,000. Aventail Capital Group LP purchased a new stake in shares of XPLR Infrastructure during the third quarter worth about $11,751,000. Cbre Investment Management Listed Real Assets LLC purchased a new stake in shares of XPLR Infrastructure during the third quarter worth about $8,084,000. Finally, Aberdeen Group plc purchased a new stake in shares of XPLR Infrastructure during the third quarter worth about $7,044,000. Hedge funds and other institutional investors own 66.01% of the company’s stock.

XPLR Infrastructure Trading Down 0.5%

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

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

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on the company. Weiss Ratings upgraded XPLR Infrastructure from a “sell (d)” rating to a “hold (c-)” rating in a research report on Wednesday, May 13th. Evercore set a $11.00 price objective on XPLR Infrastructure in a research report on Monday, May 11th. Canadian Imperial Bank of Commerce cut their price objective on XPLR Infrastructure from $11.50 to $11.00 and set a “neutral” rating for the company in a research report on Monday, April 20th. Wall Street Zen upgraded XPLR Infrastructure from a “sell” rating to a “hold” rating in a research report on Saturday, May 30th. Finally, Morgan Stanley raised their price objective on XPLR Infrastructure from $11.00 to $12.00 and gave the company an “underweight” rating in a research report on Wednesday, May 20th. Two equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus 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.