Fuller & Thaler Asset Management Inc. boosted its holdings in shares of InfraREIT, Inc. (NYSE:HIFR) by 29.8% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 122,500 shares of the real estate investment trust’s stock after purchasing an additional 28,100 shares during the quarter. Fuller & Thaler Asset Management Inc. owned about 0.28% of InfraREIT worth $2,740,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the stock. Vanguard Group Inc. grew its holdings in InfraREIT by 7.0% during the 2nd quarter. Vanguard Group Inc. now owns 2,919,574 shares of the real estate investment trust’s stock worth $55,909,000 after acquiring an additional 190,249 shares in the last quarter. State Street Corp raised its position in shares of InfraREIT by 10.5% in the 1st quarter. State Street Corp now owns 787,301 shares of the real estate investment trust’s stock valued at $14,173,000 after purchasing an additional 74,806 shares during the last quarter. Swiss National Bank raised its position in shares of InfraREIT by 8.8% in the 2nd quarter. Swiss National Bank now owns 72,900 shares of the real estate investment trust’s stock valued at $1,396,000 after purchasing an additional 5,900 shares during the last quarter. PNC Financial Services Group Inc. raised its position in shares of InfraREIT by 77,669.0% in the 2nd quarter. PNC Financial Services Group Inc. now owns 22,553 shares of the real estate investment trust’s stock valued at $433,000 after purchasing an additional 22,524 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its position in shares of InfraREIT by 35.7% in the 2nd quarter. JPMorgan Chase & Co. now owns 725,415 shares of the real estate investment trust’s stock valued at $13,892,000 after purchasing an additional 190,748 shares during the last quarter. 87.68% of the stock is currently owned by institutional investors.

In other InfraREIT news, major shareholder Insurance & Annuity A. Teachers sold 80,088 shares of InfraREIT stock in a transaction on Monday, September 11th. The stock was sold at an average price of $22.43, for a total transaction of $1,796,373.84. Following the sale, the insider now owns 4,298,306 shares of the company’s stock, valued at approximately $96,411,003.58. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 28.00% of the stock is owned by insiders.

InfraREIT, Inc. (NYSE HIFR) opened at $21.22 on Friday. The company has a quick ratio of 0.25, a current ratio of 0.25 and a debt-to-equity ratio of 0.90. InfraREIT, Inc. has a 1 year low of $16.00 and a 1 year high of $23.22.

A number of equities analysts have issued reports on HIFR shares. BidaskClub lowered shares of InfraREIT from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 5th. Royal Bank Of Canada reissued a “hold” rating and set a $22.00 price target on shares of InfraREIT in a research report on Wednesday, August 9th. Zacks Investment Research lowered shares of InfraREIT from a “buy” rating to a “hold” rating in a research report on Monday, September 25th. Finally, Evercore ISI reissued an “outperform” rating and set a $24.00 price target on shares of InfraREIT in a research report on Saturday, September 30th. Two investment analysts have rated the stock with a sell rating, one has assigned a hold rating and two have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $23.67.

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InfraREIT Profile

InfraREIT, Inc is a real estate investment trust. The Company is engaged in owning and leasing rate-regulated transmission and distribution (T&D) assets in Texas. It leases its T&D assets to Sharyland Utilities, L.P. Its assets are located in the Texas Panhandle near Amarillo, the Permian Basin in and around Stanton, Central Texas around Brady, Northeast Texas in and around Celeste and South Texas near McAllen.

Institutional Ownership by Quarter for InfraREIT (NYSE:HIFR)

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