Forsta AP Fonden acquired a new stake in shares of InfraREIT Inc (NYSE:HIFR) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 10,200 shares of the real estate investment trust’s stock, valued at approximately $190,000.
Several other institutional investors and hedge funds also recently bought and sold shares of the stock. Vanguard Group Inc. boosted its stake in shares of InfraREIT by 7.0% during the second quarter. Vanguard Group Inc. now owns 2,919,574 shares of the real estate investment trust’s stock valued at $55,909,000 after acquiring an additional 190,249 shares during the last quarter. Reaves W H & Co. Inc. acquired a new stake in shares of InfraREIT during the third quarter valued at $27,671,000. JPMorgan Chase & Co. boosted its stake in InfraREIT by 30.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 946,440 shares of the real estate investment trust’s stock worth $21,371,000 after buying an additional 221,025 shares during the last quarter. Neuberger Berman Group LLC boosted its stake in InfraREIT by 52.8% in the 3rd quarter. Neuberger Berman Group LLC now owns 925,913 shares of the real estate investment trust’s stock worth $20,713,000 after buying an additional 320,131 shares during the last quarter. Finally, State Street Corp boosted its stake in InfraREIT by 10.8% in the 2nd quarter. State Street Corp now owns 871,997 shares of the real estate investment trust’s stock worth $16,697,000 after buying an additional 84,696 shares during the last quarter. 84.98% of the stock is currently owned by institutional investors and hedge funds.
Shares of InfraREIT Inc (HIFR) opened at $19.17 on Tuesday. The company has a debt-to-equity ratio of 0.90, a current ratio of 0.25 and a quick ratio of 0.25. InfraREIT Inc has a 52 week low of $16.00 and a 52 week high of $23.22.
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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.
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