Prospera Monetary Companies Inc raised its place in First Photo voltaic, Inc. (NASDAQ:FSLR – Free Report) by 52.5% within the third quarter, in response to the corporate in its most up-to-date 13F submitting with the SEC. The fund owned 2,037 shares of the photo voltaic cell producer’s inventory after shopping for an extra 701 shares throughout the interval. Prospera Monetary Companies Inc’s holdings in First Photo voltaic had been value $508,000 as of its most up-to-date submitting with the SEC.
A number of different institutional traders and hedge funds have additionally not too long ago added to or diminished their stakes in FSLR. Mount Yale Funding Advisors LLC elevated its stake in First Photo voltaic by 35.8% within the 1st quarter. Mount Yale Funding Advisors LLC now owns 8,090 shares of the photo voltaic cell producer’s inventory valued at $1,366,000 after shopping for an extra 2,132 shares over the past quarter. Caxton Associates LP purchased a brand new place in shares of First Photo voltaic throughout the 1st quarter valued at roughly $240,000. Bayesian Capital Administration LP grew its place in shares of First Photo voltaic by 305.1% throughout the 1st quarter. Bayesian Capital Administration LP now owns 15,800 shares of the photo voltaic cell producer’s inventory valued at $2,667,000 after buying an extra 11,900 shares throughout the interval. BROOKFIELD Corp ON grew its place in shares of First Photo voltaic by 10.6% throughout the 1st quarter. BROOKFIELD Corp ON now owns 22,560 shares of the photo voltaic cell producer’s inventory valued at $3,808,000 after buying an extra 2,170 shares throughout the interval. Lastly, Janus Henderson Group PLC grew its place in shares of First Photo voltaic by 6.9% throughout the 1st quarter. Janus Henderson Group PLC now owns 17,887 shares of the photo voltaic cell producer’s inventory valued at $3,019,000 after buying an extra 1,161 shares throughout the interval. Hedge funds and different institutional traders personal 92.08% of the corporate’s inventory.
Analyst Rankings Modifications
FSLR has been the topic of quite a few analysis reviews. Jefferies Monetary Group diminished their goal value on shares of First Photo voltaic from $271.00 to $266.00 and set a “purchase” score for the corporate in a analysis report on Thursday, October tenth. Royal Financial institution of Canada diminished their goal value on shares of First Photo voltaic from $315.00 to $280.00 and set an “outperform” score for the corporate in a analysis report on Wednesday, October thirtieth. Evercore ISI diminished their goal value on shares of First Photo voltaic from $281.00 to $278.00 and set an “outperform” score for the corporate in a analysis report on Wednesday, October thirtieth. Citigroup raised shares of First Photo voltaic from a “impartial” score to a “purchase” score and elevated their goal value for the corporate from $200.00 to $254.00 in a analysis report on Tuesday, October twenty second. Lastly, Morgan Stanley minimize their value goal on shares of First Photo voltaic from $329.00 to $297.00 and set an “obese” score for the corporate in a report on Wednesday, October thirtieth. 4 funding analysts have rated the inventory with a maintain score, twenty-three have given a purchase score and one has issued a robust purchase score to the inventory. Primarily based on information from MarketBeat, First Photo voltaic presently has a consensus score of “Reasonable Purchase” and a consensus goal value of $279.04.
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First Photo voltaic Inventory Efficiency
First Photo voltaic inventory opened at $186.05 on Friday. The agency’s fifty day shifting common value is $212.65 and its 200-day shifting common value is $225.56. The corporate has a debt-to-equity ratio of 0.05, a fast ratio of 1.44 and a present ratio of two.14. The inventory has a market cap of $19.92 billion, a P/E ratio of 16.02, a price-to-earnings-growth ratio of 0.32 and a beta of 1.48. First Photo voltaic, Inc. has a fifty-two week low of $135.88 and a fifty-two week excessive of $306.77.
First Photo voltaic (NASDAQ:FSLR – Get Free Report) final posted its quarterly earnings information on Tuesday, October twenty ninth. The photo voltaic cell producer reported $2.91 earnings per share for the quarter, lacking the consensus estimate of $3.10 by ($0.19). The corporate had income of $887.70 million for the quarter, in comparison with analysts’ expectations of $1.07 billion. First Photo voltaic had a internet margin of 32.41% and a return on fairness of 17.56%. The enterprise’s quarterly income was up 10.7% in comparison with the identical quarter final 12 months. Throughout the identical quarter final 12 months, the enterprise posted $2.50 EPS. On common, equities analysis analysts count on that First Photo voltaic, Inc. will put up 13.15 earnings per share for the present fiscal 12 months.
First Photo voltaic Firm Profile
First Photo voltaic, Inc, a photo voltaic expertise firm, offers photovoltaic (PV) photo voltaic power options in the USA, France, Japan, Chile, and internationally. The corporate manufactures and sells PV photo voltaic modules with a skinny movie semiconductor expertise that gives a lower-carbon different to traditional crystalline silicon PV photo voltaic modules.
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