Deutsche Bank AG Makes New Investment in Solaris Energy Infrastructure, Inc. $SEI

Key Points

• Deutsche Bank AG has acquired a new stake in Solaris Energy Infrastructure, purchasing 73,379 shares valued at approximately $1,597,000, which constitutes 0.11% of the firm's holdings.
• Solaris Energy Infrastructure announced a quarterly dividend of $0.12 per share, with a payout ratio of 81.36% and a dividend yield of 1.7%.
• A number of analysts have given Solaris a "buy" rating with varied price targets, indicating positive sentiment towards the company's performance.

Deutsche Bank AG purchased a new stake in shares of Solaris Energy Infrastructure, Inc. (NASDAQ:SEI - Free Report) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 73,379 shares of the company's stock, valued at approximately $1,597,000. Deutsche Bank AG owned 0.11% of Solaris Energy Infrastructure as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently modified their holdings of SEI. Wayfinding Financial LLC acquired a new position in shares of Solaris Energy Infrastructure during the first quarter valued at $29,000. US Bancorp DE acquired a new position in shares of Solaris Energy Infrastructure during the first quarter valued at $38,000. Nisa Investment Advisors LLC acquired a new position in shares of Solaris Energy Infrastructure during the first quarter valued at $41,000. Riverview Trust Co acquired a new position in shares of Solaris Energy Infrastructure during the first quarter valued at $47,000. Finally, California State Teachers Retirement System acquired a new position in shares of Solaris Energy Infrastructure during the fourth quarter valued at $52,000. 67.44% of the stock is owned by institutional investors and hedge funds.

Solaris Energy Infrastructure Trading Up 2.2%

NASDAQ:SEI opened at $28.6890 on Friday. 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, Inc. has a 1-year low of $10.96 and a 1-year high of $39.03. The firm has a market capitalization of $1.94 billion, a price-to-earnings ratio of 65.20 and a beta of 1.14. The stock has a fifty day simple moving average of $29.97 and a 200 day simple moving average of $26.20.

Solaris Energy Infrastructure Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 26th. Shareholders of record on Tuesday, September 16th will be paid 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 payout ratio is 81.36%.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the company. Vertical Research assumed coverage on Solaris Energy Infrastructure in a report on Wednesday, May 14th. They set a "buy" rating and a $36.00 price target on the stock. Piper Sandler lowered their price target on Solaris Energy Infrastructure from $51.00 to $50.00 and set an "overweight" rating on the stock in a report on Wednesday. Barclays raised their price target on Solaris Energy Infrastructure from $39.00 to $44.00 and gave the company an "overweight" rating in a report on Monday, July 28th. Stifel Nicolaus reaffirmed a "buy" rating and set a $45.00 target price (up from $41.00) on shares of Solaris Energy Infrastructure in a report on Friday, July 25th. Finally, Wall Street Zen lowered Solaris Energy Infrastructure from a "hold" rating to a "sell" rating in a report on Wednesday, June 25th. Two investment analysts have rated the stock with a Strong Buy rating and ten have assigned a Buy rating to the company. According to MarketBeat, the company has an average rating of "Buy" and an average price target of $43.67.

Solaris Energy Infrastructure Company Profile

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.

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