Boston Partners Takes $1.01 Million Position in Solaris Energy Infrastructure, Inc. $SEI

Boston Partners acquired a new stake in Solaris Energy Infrastructure, Inc. (NASDAQ:SEI - Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 46,338 shares of the company's stock, valued at approximately $1,008,000. Boston Partners owned approximately 0.07% of Solaris Energy Infrastructure at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the stock. Vanguard Group Inc. acquired a new position in Solaris Energy Infrastructure in the first quarter valued at $35,060,000. Westwood Holdings Group Inc. acquired a new position in Solaris Energy Infrastructure in the first quarter valued at $29,298,000. Emerald Advisers LLC purchased a new stake in Solaris Energy Infrastructure during the 1st quarter valued at approximately $15,188,000. Royce & Associates LP acquired a new stake in Solaris Energy Infrastructure during the 1st quarter worth approximately $11,190,000. Finally, GW&K Investment Management LLC acquired a new stake in Solaris Energy Infrastructure during the 1st quarter worth approximately $9,437,000. Institutional investors and hedge funds own 67.44% of the company's stock.

Analysts Set New Price Targets

SEI has been the subject of a number of recent research reports. Raymond James Financial reaffirmed an "outperform" rating and set a $38.00 price objective (down from $39.00) on shares of Solaris Energy Infrastructure in a research report on Wednesday, July 23rd. Wall Street Zen cut Solaris Energy Infrastructure from a "hold" rating to a "sell" rating in a research report on Wednesday, June 25th. Barclays increased their price objective on Solaris Energy Infrastructure from $39.00 to $44.00 and gave the stock an "overweight" rating in a research report on Monday, July 28th. Citigroup initiated coverage on Solaris Energy Infrastructure in a research report on Thursday, May 22nd. They set a "buy" rating for the company. Finally, Northland Securities set a $50.00 price objective on Solaris Energy Infrastructure in a research report on Monday, August 4th. Two analysts have rated the stock with a Strong Buy rating and ten have issued a Buy rating to the stock. According to MarketBeat, Solaris Energy Infrastructure currently has an average rating of "Buy" and an average target price of $43.67.

Solaris Energy Infrastructure Stock Performance

NASDAQ SEI traded up $0.6090 during trading hours on Friday, hitting $28.6890. 1,324,755 shares of the stock were exchanged, compared to its average volume of 1,528,035. The company has a market cap of $1.94 billion, a price-to-earnings ratio of 65.20 and a beta of 1.14. Solaris Energy Infrastructure, Inc. has a 12-month low of $10.96 and a 12-month high of $39.03. The stock has a 50-day moving average of $29.97 and a 200 day moving average of $26.18. The company has a quick ratio of 3.40, a current ratio of 3.61 and a debt-to-equity ratio of 0.77.

Solaris Energy Infrastructure Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, September 26th. Investors of record on Tuesday, September 16th will be issued a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend is Tuesday, September 16th. Solaris Energy Infrastructure's dividend payout ratio is currently 81.36%.

About Solaris Energy Infrastructure

Solaris Energy Infrastructure, Inc is a holding company, which engages in the manufacture of patented mobile proppant management systems that unload, store, and deliver proppant to oil and natural gas well sites. Its products include Mobile Proppant and Mobile Chemical Management Systems, and Inventory Management Software.