Pathway Financial Advisers LLC Sells 8,892 Shares of XPLR Infrastructure, LP (NYSE:XIFR)

Pathway Financial Advisers LLC reduced its stake in XPLR Infrastructure, LP (NYSE:XIFR) by 17.7% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 41,218 shares of the solar energy provider’s stock after selling 8,892 shares during the period. Pathway Financial Advisers LLC’s holdings in XPLR Infrastructure were worth $734,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Avion Wealth lifted its stake in XPLR Infrastructure by 610.2% in the fourth 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. Eastern Bank bought a new stake in shares of XPLR Infrastructure in the 3rd quarter valued at about $57,000. McIlrath & Eck LLC acquired a new stake in shares of XPLR Infrastructure in the 3rd quarter valued at approximately $63,000. Central Pacific Bank Trust Division boosted its stake in XPLR Infrastructure by 153.1% during the 4th quarter. Central Pacific Bank Trust Division now owns 6,200 shares of the solar energy provider’s stock worth $110,000 after acquiring an additional 3,750 shares during the last quarter. Finally, Wealthcare Advisory Partners LLC acquired a new position in XPLR Infrastructure during the fourth quarter valued at approximately $211,000. 66.01% of the stock is owned by institutional investors and hedge funds.

XPLR Infrastructure Stock Performance

Shares of NYSE XIFR opened at $8.51 on Thursday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.78 and a current ratio of 2.02. The stock has a 50 day moving average price of $15.64 and a 200 day moving average price of $20.51. The stock has a market capitalization of $795.94 million, a PE ratio of -85.10 and a beta of 1.03. XPLR Infrastructure, LP has a 52 week low of $7.97 and a 52 week high of $35.15.

XPLR Infrastructure (NYSE:XIFR) last released its quarterly earnings data on Tuesday, January 28th. The solar energy provider reported $0.99 EPS for the quarter, beating the consensus estimate 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%. Analysts predict that XPLR Infrastructure, LP will post 2.33 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research firms have weighed in on XIFR. Evercore ISI cut their target price on shares of XPLR Infrastructure from $32.00 to $30.00 and set an “outperform” rating on the stock in a report on Thursday, October 24th. Wells Fargo & Company dropped their price objective on XPLR Infrastructure from $33.00 to $13.00 and set an “equal weight” rating on the stock in a research note on Wednesday, January 29th. CIBC decreased their target price on XPLR Infrastructure from $26.00 to $21.00 and set a “neutral” rating for the company in a research note on Wednesday, January 8th. Guggenheim cut their price objective on XPLR Infrastructure from $17.00 to $12.00 and set a “neutral” rating on the stock in a report on Wednesday, January 29th. Finally, BMO Capital Markets restated a “market perform” rating and set a $18.00 target price (down from $26.00) on shares of XPLR Infrastructure in a report on Monday, January 13th. Three investment analysts have rated the stock with a sell rating, fourteen have issued a hold rating and two have assigned a buy rating to the company. According to MarketBeat, XPLR Infrastructure presently has a consensus rating of “Hold” and an average price target of $20.27.

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.