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

American Trust boosted its position in Radius Global Infrastructure, Inc. (NASDAQ:RADIGet Rating) by 8.4% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 13,748 shares of the company’s stock after buying an additional 1,061 shares during the period. American Trust’s holdings in Radius Global Infrastructure were worth $196,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently bought and sold shares of RADI. Solstein Capital LLC purchased a new stake in Radius Global Infrastructure in the first quarter valued at approximately $29,000. Point72 Hong Kong Ltd purchased a new stake in Radius Global Infrastructure in the 1st quarter worth approximately $60,000. Patriot Financial Group Insurance Agency LLC purchased a new stake in Radius Global Infrastructure in the 1st quarter worth approximately $61,000. Ameritas Investment Partners Inc. boosted its position in Radius Global Infrastructure by 23.5% in the 1st quarter. Ameritas Investment Partners Inc. now owns 5,581 shares of the company’s stock worth $80,000 after purchasing an additional 1,061 shares in the last quarter. Finally, Covestor Ltd purchased a new stake in Radius Global Infrastructure in the 1st quarter worth approximately $97,000. Hedge funds and other institutional investors own 94.00% of the company’s stock.

Radius Global Infrastructure Trading Down 2.1 %

Shares of RADI stock opened at $12.79 on Tuesday. The company has a debt-to-equity ratio of 2.05, a current ratio of 6.01 and a quick ratio of 6.01. The company has a market cap of $1.22 billion, a price-to-earnings ratio of -25.58 and a beta of 1.34. The stock has a 50 day simple moving average of $14.36 and a 200-day simple moving average of $14.38. Radius Global Infrastructure, Inc. has a 1-year low of $11.70 and a 1-year high of $18.79.

Wall Street Analyst Weigh In

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

Radius Global Infrastructure Profile

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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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