On May 29th, 2023, the investment world was awed by the news that UBS Group AG had increased its holdings in Radius Global Infrastructure, Inc. (NASDAQ:RADI) by a staggering 6.6%. The firm now owns an impressive 395,382 shares of the company’s stock worth $4,673,000. This recent transaction is revealed in UBS Group’s most recent 13F filing with the Securities and Exchange Commission (SEC).
Radius Global Infrastructure (NASDAQ:RADI) has been making headlines lately with its recent earnings report for Q1 of 2023. The company reported a loss per share of $1.09 for the quarter. Experts predict that Radius Global Infrastructure will post a positive EPS of $0.15 for the current fiscal year.
This news has sparked interest among hedge funds and other investors who are keen to know more about RADI stocks’ holding status. Interested individuals can visit HoldingsChannel.com to get the latest insider trades and 13F filings.
In conclusion, UBS Group AG has brought attention to Radius Global Infrastructure’s potential as a good investment option for both individual and corporate investors alike. With its consistent financial growth long-term through strategic investments in infrastructure across different geographies globally and emphasis on sustainability initiatives keeping it at par with current market trends.Radius offers excellent prospects for growth and stability to its stakeholders.Furthermore,Radi insiders anticipating a positive EPS in upcoming quarters add another layer of reassurance which can be extremely beneficial when making financially critical decisions regarding investments assets allocation etcetera.
As always,it is recommended every investor should do their due diligence before making any financial decision.Successful investment practices do not happen overnight;instead require extensive knowledge skills practice & patience.An opportunity like this presents an ideal chance for investors & traders alike to exercise caution prudence while maintaining foresights,coupling it with comprehensive analytical research would make their portfolio highly profitable in the future.
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Institutional Investors and Hedge Funds Modify Holdings in Radius Global Infrastructure Amid Market Speculation
Investors and Hedge Funds Modify Holdings in Radius Global Infrastructure
Radius Global Infrastructure, Inc (NASDAQ:RADI) has seen a number of institutional investors and hedge funds modify their holdings recently. Madison Asset Management LLC boosted its position in the company by 15.0% during the fourth quarter of last year, bringing its total ownership to 414,927 shares worth $4,904,000.
Swiss National Bank has also increased its stake in RADI by 4.7%, bringing its total shares to 195,600 worth $2,312,000. Arizona State Retirement System and Envestnet Asset Management have both raised their stakes by 6.7% and 12.7%, respectively.
Mizuho Markets Americas LLC is the most recent addition to this group of institutional investors as they raised their stake by 2.6%, bringing their total shares to 494,365 worth $5,843,000.
Currently, these stakeholders own almost all of RADI’s outstanding stock with approximately 94.50% under their control.
The market capitalization for RADI stands at $1.59 billion with a PE ratio of -9.58 and a beta of 1.64 as of May 29th this year when it opened at $14.75.
Credit Suisse Group has downgraded RADI’s rating from “outperform” to “neutral” and Jefferies Financial Group has cut Radius Global Infrastructure from a “buy” rating to a “hold”. They increased the price target from $14 to $15.
Raymond James downgraded the rating further from “strong-buy” to an “underperform”.
As RADI continues engaging in the acquisition and rental of telecom real property interests and contractual rights with over eight thousand leases on eight thousand sites worldwide there is much speculation around how these recent changes will affect future investments into RADI or other related businesses in the industry.