American Trust Has $162,000 Stake in Radius Global Infrastructure, Inc. (NASDAQ:RADI)

American Trust grew its holdings in Radius Global Infrastructure, Inc. (NASDAQ:RADI – Get Rating) by 18.3% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 17,162 shares of the company’s stock after acquiring an additional 2,654 shares during the quarter. American Trust’s holdings in Radius Global Infrastructure were worth $162,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of RADI. Point72 Hong Kong Ltd bought a new stake in shares of Radius Global Infrastructure in the third quarter worth about $30,000. Ameritas Investment Partners Inc. increased its holdings in shares of Radius Global Infrastructure by 23.5% in the first quarter. Ameritas Investment Partners Inc. now owns 5,581 shares of the company’s stock worth $80,000 after acquiring an additional 1,061 shares in the last quarter. Tower Research Capital LLC TRC grew its holdings in shares of Radius Global Infrastructure by 222.9% during the third quarter. Tower Research Capital LLC TRC now owns 9,645 shares of the company’s stock worth $91,000 after buying an additional 6,658 shares in the last quarter. Covestor Ltd bought a new position in shares of Radius Global Infrastructure during the first quarter worth about $97,000. Finally, Atom Investors LP bought a new position in shares of Radius Global Infrastructure during the third quarter worth about $119,000. 94.50% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the company. Exane BNP Paribas assumed coverage on Radius Global Infrastructure in a report on Wednesday, December 14th. They set an “outperform” rating and a $17.00 price objective for the company. BNP Paribas assumed coverage on Radius Global Infrastructure in a report on Wednesday, December 14th. They set an “outperform” rating and a $17.00 price objective for the company. Credit Suisse Group downgraded Radius Global Infrastructure from an “outperform” rating to a “neutral” rating and decreased their price objective for the stock from $18.00 to $15.00 in a report on Friday, March 3rd. Royal Bank of Canada assumed coverage on Radius Global Infrastructure in a report on Friday, December 16th. They set a “sector perform” rating and a $13.00 price objective for the company. Finally, Raymond James downgraded Radius Global Infrastructure from a “strong-buy” rating to an “underperform” rating in a report on Friday, March 3rd. One analyst has rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $15.33.

Radius Global Infrastructure Stock Down 0.3 %

RADI stock opened at $14.44 on Friday. The company has a quick ratio of 3.06, a current ratio of 3.06 and a debt-to-equity ratio of 2.23. The business has a 50 day moving average price of $13.47 and a two-hundred day moving average price of $11.88. The company has a market cap of $1.56 billion, a price-to-earnings ratio of -13.01 and a beta of 1.65. Radius Global Infrastructure, Inc. has a twelve month low of $7.97 and a twelve month high of $16.52.

About Radius Global Infrastructure

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Radius Global Infrastructure, Inc, together with its subsidiaries, engages in the acquisition and rental of telecom real property interests and contractual rights. The company leases wireless towers or antennae, and other communications infrastructure. As of December 31, 2021, it had interests in 8,506 leases situated on 8,186 communications sites located in the United States and 19 other countries.