Greenland Capital Management LP Makes New Investment in XPLR Infrastructure, LP $XIFR

Greenland Capital Management LP acquired a new stake in shares of XPLR Infrastructure, LP (NYSE:XIFR) in the 3rd quarter, HoldingsChannel.com reports. The firm acquired 246,067 shares of the solar energy provider’s stock, valued at approximately $2,503,000.

Several other large investors have also made changes to their positions in the business. Abundance Wealth Counselors acquired a new position in XPLR Infrastructure during the third quarter valued at $1,112,000. GraniteShares Advisors LLC acquired a new stake in XPLR Infrastructure during the 3rd quarter worth about $1,763,000. DekaBank Deutsche Girozentrale purchased a new position in shares of XPLR Infrastructure during the 3rd quarter valued at about $1,299,000. ING Groep NV purchased a new position in shares of XPLR Infrastructure during the 3rd quarter valued at about $20,340,000. Finally, Apollo Management Holdings L.P. acquired a new position in shares of XPLR Infrastructure in the 2nd quarter valued at about $40,853,000. 66.01% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several analysts recently commented on XIFR shares. Royal Bank Of Canada assumed coverage on XPLR Infrastructure in a report on Tuesday, January 6th. They set an “outperform” rating and a $14.00 target price on the stock. Morgan Stanley lowered their price objective on XPLR Infrastructure from $11.00 to $10.00 and set an “underweight” rating on the stock in a research report on Tuesday, December 2nd. Mizuho set a $12.00 price objective on shares of XPLR Infrastructure in a research note on Wednesday, February 11th. Wall Street Zen cut shares of XPLR Infrastructure from a “hold” rating to a “sell” rating in a research note on Sunday. Finally, Barclays increased their price target on shares of XPLR Infrastructure from $10.00 to $12.00 and gave the stock an “underweight” rating in a report on Thursday, February 12th. Two research analysts have rated the stock with a Buy rating, two have issued a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, XPLR Infrastructure presently has a consensus rating of “Reduce” and an average price target of $12.58.

XPLR Infrastructure Stock Up 0.4%

XPLR Infrastructure stock opened at $10.67 on Tuesday. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.91 and a quick ratio of 0.84. The stock has a market capitalization of $1.00 billion, a PE ratio of -34.40 and a beta of 1.02. The business has a 50 day simple moving average of $10.07 and a 200-day simple moving average of $9.93. XPLR Infrastructure, LP has a 12 month low of $7.53 and a 12 month high of $11.43.

XPLR Infrastructure (NYSE:XIFR) last released its quarterly earnings results on Tuesday, February 10th. The solar energy provider reported $0.30 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.57) by $0.87. XPLR Infrastructure had a negative net margin of 2.27% and a positive return on equity of 1.54%. The firm’s revenue for the quarter was down 15.3% compared to the same quarter last year. On average, analysts anticipate that XPLR Infrastructure, LP will post 2.33 EPS for the current fiscal year.

About XPLR Infrastructure

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.