Stock Traders Purchase High Volume of Put Options on XPLR Infrastructure (NYSE:XIFR)

XPLR Infrastructure, LP (NYSE:XIFR) saw unusually large options trading on Tuesday. Stock traders acquired 3,159 put options on the stock. This represents an increase of 66% compared to the average volume of 1,900 put options.

Analyst Ratings Changes

Several research firms recently commented on XIFR. Royal Bank Of Canada began coverage on shares of XPLR Infrastructure in a research report on Tuesday, January 6th. They set an “outperform” rating and a $14.00 target price on the stock. Barclays raised their price target on shares of XPLR Infrastructure from $10.00 to $12.00 and gave the company an “underweight” rating in a research note on Thursday, February 12th. Weiss Ratings reissued a “sell (d)” rating on shares of XPLR Infrastructure in a research note on Wednesday, January 21st. Wall Street Zen lowered XPLR Infrastructure from a “hold” rating to a “sell” rating in a research report on Sunday, February 22nd. Finally, Mizuho set a $12.00 price target on XPLR Infrastructure in a research note on Wednesday, February 11th. Two analysts have rated the stock with a Buy rating, two have issued a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, the company has an average rating of “Reduce” and an average target price of $12.58.

XPLR Infrastructure Trading Down 2.4%

NYSE XIFR opened at $10.19 on Wednesday. The stock has a market capitalization of $957.55 million, a P/E ratio of -32.87 and a beta of 1.01. The business has a 50 day simple moving average of $10.22 and a 200 day simple moving average of $9.97. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.91 and a quick ratio of 0.84. XPLR Infrastructure has a one year low of $7.53 and a one year high of $11.43.

XPLR Infrastructure (NYSE:XIFR) last issued its quarterly earnings results on Tuesday, February 10th. The solar energy provider reported $0.30 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.57) by $0.87. XPLR Infrastructure had a positive return on equity of 1.54% and a negative net margin of 2.27%.The firm’s revenue for the quarter was down 15.3% compared to the same quarter last year. Research analysts expect that XPLR Infrastructure will post 2.33 earnings per share for the current year.

Institutional Trading of XPLR Infrastructure

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Steward Partners Investment Advisory LLC acquired a new position in XPLR Infrastructure during the 2nd quarter worth approximately $25,000. US Bancorp DE acquired a new position in shares of XPLR Infrastructure during the third quarter worth approximately $28,000. Huntington National Bank raised its position in shares of XPLR Infrastructure by 715.6% during the fourth quarter. Huntington National Bank now owns 3,075 shares of the solar energy provider’s stock worth $31,000 after purchasing an additional 2,698 shares during the period. Future Financial Wealth Managment LLC bought a new position in shares of XPLR Infrastructure in the 3rd quarter worth $55,000. Finally, JPMorgan Chase & Co. bought a new position in shares of XPLR Infrastructure in the 2nd quarter worth $55,000. 66.01% of the stock is owned by institutional investors.

XPLR Infrastructure Company Profile

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.