LexAurum Advisors LLC Buys New Holdings in XPLR Infrastructure, LP $XIFR

LexAurum Advisors LLC purchased a new stake in shares of XPLR Infrastructure, LP (NYSE:XIFR) in the third quarter, HoldingsChannel.com reports. The firm purchased 50,000 shares of the solar energy provider’s stock, valued at approximately $508,000.

A number of other large investors also recently modified their holdings of XIFR. Ensign Peak Advisors Inc acquired a new position in shares of XPLR Infrastructure in the 2nd quarter valued at about $256,000. Dynamic Technology Lab Private Ltd purchased a new stake in XPLR Infrastructure during the second quarter worth approximately $256,000. Swiss National Bank acquired a new stake in shares of XPLR Infrastructure in the second quarter worth $1,465,000. JPMorgan Chase & Co. purchased a new position in shares of XPLR Infrastructure in the 2nd quarter valued at $55,000. Finally, MAI Capital Management purchased a new position in shares of XPLR Infrastructure in the 2nd quarter valued at $94,000. 66.01% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several analysts recently issued reports on XIFR shares. Royal Bank Of Canada assumed coverage on XPLR Infrastructure in a report on Tuesday, January 6th. They issued an “outperform” rating and a $14.00 price target for the company. Canadian Imperial Bank of Commerce increased their target price on XPLR Infrastructure from $11.00 to $11.50 and gave the company a “neutral” rating in a research note on Tuesday, October 21st. Wall Street Zen downgraded XPLR Infrastructure from a “hold” rating to a “sell” rating in a report on Saturday, November 15th. Weiss Ratings restated a “sell (d)” rating on shares of XPLR Infrastructure in a report on Wednesday, January 21st. Finally, Barclays lowered their price objective on shares of XPLR Infrastructure from $11.00 to $10.00 and set an “underweight” rating for the company in a research report on Thursday, November 6th. Two analysts have rated the stock with a Buy rating, two have assigned a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, XPLR Infrastructure presently has a consensus rating of “Reduce” and an average price target of $12.25.

XPLR Infrastructure Trading Up 1.3%

NYSE:XIFR opened at $10.20 on Tuesday. The stock has a market cap of $958.49 million, a price-to-earnings ratio of -6.04 and a beta of 1.02. XPLR Infrastructure, LP has a one year low of $7.53 and a one year high of $11.43. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.69 and a current ratio of 0.75. The business’s 50-day simple moving average is $9.72 and its 200 day simple moving average is $9.84.

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.