Atlantica Sustainable InfrastructureAY
Market Cap: 2.56B
About: Atlantica Sustainable Infrastructure PLC owns, manages, and acquires renewable energy, conventional power, electric transmission lines and water assets. It is focused on North America (the United States and Mexico), South America (Peru, Chile, Brazil, and Uruguay) and EMEA (Spain, Algeria and South Africa). The company's segments include North America, South America and Europe, Middle East and Africa. The renewable energy sector includes the company's activities related to the production of electricity from solar power and wind plants. Atlantica derives the majority of its revenues from EMEA, followed by South America and North America.
Employees: 1,366
Fund manager confidence
Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)
45% more repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 51
0.89% less ownership
Funds ownership: 40.55% [Q4 2023] → 39.66% (-0.89%) [Q1 2024]
10% less funds holding
Funds holding: 200 [Q4 2023] → 181 (-19) [Q1 2024]
16% less capital invested
Capital invested by funds: $1.01B [Q4 2023] → $852M (-$160M) [Q1 2024]
44% less call options, than puts
Call options by funds: $12.5M | Put options by funds: $22.2M
46% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 41
67% less funds holding in top 10
Funds holding in top 10: 3 [Q4 2023] → 1 (-2) [Q1 2024]
Research analyst outlook
7 Wall Street Analysts provided 1 year price forecasts over the past 6 months
7 analyst ratings
UBS William Grippin | 0%downside $22 | Neutral Downgraded | 30 May 2024 |
BMO Capital James Thalacker | 4%upside $23 | Market Perform Maintained | 10 May 2024 |
National Bank Financial Inc Rupert Merer | 9%downside $20 | Sector Perform Downgraded | 3 Apr 2024 |
B of A Securities Julien Dumoulin-Smith | 9%downside $20 | Buy Maintained | 26 Mar 2024 |
UBS William Grippin | 13%upside $25 | Buy Upgraded | 22 Mar 2024 |
Financial journalist opinion
Based on 11 articles about AY published over the past 30 days