50,000 Shares in XPLR Infrastructure, LP $XIFR Purchased by LexAurum Advisors LLC

LexAurum Advisors LLC acquired a new stake in XPLR Infrastructure, LP (NYSE:XIFR) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 50,000 shares of the solar energy provider’s stock, valued at approximately $508,000. LexAurum Advisors LLC owned about 0.05% of XPLR Infrastructure at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Steward Partners Investment Advisory LLC acquired a new stake in shares of XPLR Infrastructure in the second quarter valued at approximately $25,000. JPMorgan Chase & Co. purchased a new stake in XPLR Infrastructure in the 2nd quarter valued at approximately $55,000. Future Financial Wealth Managment LLC acquired a new stake in XPLR Infrastructure during the 3rd quarter valued at $55,000. CANADA LIFE ASSURANCE Co purchased a new position in XPLR Infrastructure during the second quarter worth $77,000. Finally, Mitsubishi UFJ Trust & Banking Corp purchased a new position in XPLR Infrastructure during the third quarter worth $80,000. Institutional investors and hedge funds own 66.01% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently commented on the company. Canadian Imperial Bank of Commerce increased their price objective 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 cut shares of XPLR Infrastructure from a “hold” rating to a “sell” rating in a research note on Saturday, November 15th. Morgan Stanley cut 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 Tuesday, December 2nd. Weiss Ratings reissued a “sell (d)” rating on shares of XPLR Infrastructure in a research note on Wednesday, January 21st. Finally, Royal Bank Of Canada assumed coverage on shares of XPLR Infrastructure in a research note on Tuesday, January 6th. They issued an “outperform” rating and a $14.00 target price for the company. Two equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, XPLR Infrastructure currently has an average rating of “Reduce” and an average target price of $12.25.

XPLR Infrastructure Trading Up 1.3%

Shares of XIFR stock opened at $10.20 on Tuesday. The firm’s 50-day simple moving average is $9.72 and its 200-day simple moving average is $9.84. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.75 and a quick ratio of 0.69. XPLR Infrastructure, LP has a 1-year low of $7.53 and a 1-year high of $11.43. The firm has a market cap of $958.49 million, a P/E ratio of -6.04 and a beta of 1.02.

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.