Dynamic Technology Lab Private Ltd Invests $256,000 in XPLR Infrastructure, LP $XIFR

Dynamic Technology Lab Private Ltd acquired a new stake in XPLR Infrastructure, LP (NYSE:XIFR) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 31,166 shares of the solar energy provider’s stock, valued at approximately $256,000.

Separately, Ensign Peak Advisors Inc bought a new position in XPLR Infrastructure in the 2nd quarter worth about $256,000. 66.01% of the stock is owned by institutional investors.

XPLR Infrastructure Stock Performance

Shares of NYSE XIFR opened at $9.35 on Thursday. XPLR Infrastructure, LP has a 1 year low of $7.53 and a 1 year high of $20.02. The firm has a market cap of $878.24 million, a P/E ratio of -5.53 and a beta of 0.94. The stock has a fifty day moving average price of $9.95 and a two-hundred day moving average price of $9.52. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.69 and a current ratio of 0.75.

XPLR Infrastructure (NYSE:XIFR) last announced its quarterly earnings data on Tuesday, November 4th. The solar energy provider reported ($0.37) earnings per share for the quarter, missing the consensus estimate of ($0.07) by ($0.30). XPLR Infrastructure had a negative net margin of 12.73% and a positive return on equity of 2.01%. The firm had revenue of $315.00 million during the quarter, compared to analyst estimates of $331.56 million. The business’s revenue for the quarter was down 1.3% compared to the same quarter last year. Research analysts forecast that XPLR Infrastructure, LP will post 2.33 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on XIFR shares. Barclays reduced their price objective on XPLR Infrastructure from $11.00 to $10.00 and set an “underweight” rating for the company in a research report on Thursday, November 6th. CIBC boosted their price target on XPLR Infrastructure from $11.00 to $11.50 and gave the stock a “neutral” rating in a research report on Tuesday, October 21st. Weiss Ratings reissued a “sell (d)” rating on shares of XPLR Infrastructure in a report on Wednesday, October 8th. Finally, Wall Street Zen downgraded shares of XPLR Infrastructure from a “hold” rating to a “sell” rating in a report on Saturday, November 15th. One research analyst has rated the stock with a Buy rating, eight have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Reduce” and a consensus price target of $13.75.

XPLR Infrastructure 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.