Raymond James Financial Services Advisors Inc. lowered its stake in InfraREIT Inc (NYSE:HIFR) by 17.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 31,844 shares of the real estate investment trust’s stock after selling 6,614 shares during the period. Raymond James Financial Services Advisors Inc.’s holdings in InfraREIT were worth $669,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Quantamental Technologies LLC bought a new stake in shares of InfraREIT in the fourth quarter worth about $155,000. Raymond James & Associates grew its stake in shares of InfraREIT by 4.5% in the fourth quarter. Raymond James & Associates now owns 10,951 shares of the real estate investment trust’s stock worth $230,000 after purchasing an additional 476 shares during the last quarter. Redpoint Investment Management Pty Ltd bought a new stake in shares of InfraREIT in the fourth quarter worth about $442,000. Matarin Capital Management LLC bought a new stake in shares of InfraREIT in the third quarter worth about $453,000. Finally, Gamco Investors INC. ET AL bought a new stake in shares of InfraREIT in the fourth quarter worth about $463,000. Hedge funds and other institutional investors own 85.87% of the company’s stock.

NYSE HIFR opened at $21.21 on Tuesday. The company has a current ratio of 0.29, a quick ratio of 0.29 and a debt-to-equity ratio of 0.90. InfraREIT Inc has a 1 year low of $19.12 and a 1 year high of $23.34.

InfraREIT (NYSE:HIFR) last posted its earnings results on Wednesday, February 27th. The real estate investment trust reported $0.49 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.44 by $0.05. InfraREIT had a return on equity of 8.15% and a net margin of 30.78%. On average, equities analysts predict that InfraREIT Inc will post 1.4 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 18th. Shareholders of record on Friday, March 29th will be given a dividend of $0.25 per share. The ex-dividend date of this dividend is Thursday, March 28th. This represents a $1.00 annualized dividend and a yield of 4.71%.

Several analysts recently issued reports on HIFR shares. ValuEngine cut InfraREIT from a “buy” rating to a “hold” rating in a research note on Friday, March 1st. Zacks Investment Research cut InfraREIT from a “buy” rating to a “hold” rating in a research note on Friday, January 4th.

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InfraREIT Company Profile

InfraREIT is engaged in owning and leasing rate-regulated electric transmission assets in the state of Texas and is structured as a real estate investment trust. The Company is externally managed by Hunt Utility Services, LLC, an affiliate of Hunt Consolidated, Inc (a diversified holding company based in Dallas, Texas, and managed by the Ray L.

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Institutional Ownership by Quarter for InfraREIT (NYSE:HIFR)

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