American Trust Raises Stake in Radius Global Infrastructure, Inc. (NASDAQ:RADI)

American Trust grew its stake in shares of Radius Global Infrastructure, Inc. (NASDAQ:RADIGet Rating) by 8.4% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 13,748 shares of the company’s stock after purchasing an additional 1,061 shares during the quarter. American Trust’s holdings in Radius Global Infrastructure were worth $196,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in RADI. Solstein Capital LLC purchased a new stake in shares of Radius Global Infrastructure during the first quarter valued at $29,000. Point72 Hong Kong Ltd bought a new stake in shares of Radius Global Infrastructure in the first quarter valued at about $60,000. Patriot Financial Group Insurance Agency LLC bought a new stake in shares of Radius Global Infrastructure in the first quarter valued at about $61,000. Ameritas Investment Partners Inc. raised 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 valued at $80,000 after acquiring an additional 1,061 shares in the last quarter. Finally, Covestor Ltd bought a new stake in shares of Radius Global Infrastructure in the first quarter valued at about $97,000. 94.00% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Separately, Credit Suisse Group decreased their price objective on Radius Global Infrastructure from $23.00 to $21.00 and set an “outperform” rating for the company in a report on Wednesday, August 10th.

Radius Global Infrastructure Stock Performance

Shares of Radius Global Infrastructure stock opened at $12.79 on Tuesday. The company has a market capitalization of $1.22 billion, a PE ratio of -25.58 and a beta of 1.34. The company has a debt-to-equity ratio of 2.05, a quick ratio of 6.01 and a current ratio of 6.01. The company has a 50-day simple moving average of $14.36 and a two-hundred day simple moving average of $14.38. Radius Global Infrastructure, Inc. has a one year low of $11.70 and a one year high of $18.79.

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.

Further Reading

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Institutional Ownership by Quarter for Radius Global Infrastructure (NASDAQ:RADI)

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