Aris Water Solutions, Inc. (NYSE:ARIS) Shares Sold by Jackson Creek Investment Advisors LLC

Jackson Creek Investment Advisors LLC lessened its stake in Aris Water Solutions, Inc. (NYSE:ARIS - Free Report) by 29.7% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 44,691 shares of the company's stock after selling 18,909 shares during the quarter. Jackson Creek Investment Advisors LLC owned 0.08% of Aris Water Solutions worth $1,432,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in ARIS. Quarry LP bought a new stake in Aris Water Solutions during the fourth quarter worth approximately $27,000. Point72 Asia Singapore Pte. Ltd. acquired a new position in shares of Aris Water Solutions during the 4th quarter worth approximately $52,000. CWM LLC lifted its position in shares of Aris Water Solutions by 303.4% during the 1st quarter. CWM LLC now owns 1,920 shares of the company's stock valued at $62,000 after acquiring an additional 1,444 shares during the period. Meeder Asset Management Inc. lifted its position in shares of Aris Water Solutions by 74.5% during the 4th quarter. Meeder Asset Management Inc. now owns 4,042 shares of the company's stock worth $97,000 after buying an additional 1,726 shares during the last quarter. Finally, Farther Finance Advisors LLC raised its position in shares of Aris Water Solutions by 3,062.6% during the first quarter. Farther Finance Advisors LLC now owns 3,637 shares of the company's stock worth $119,000 after acquiring an additional 3,522 shares during the last quarter. 39.71% of the stock is owned by institutional investors and hedge funds.

Aris Water Solutions Trading Down 3.8%

Shares of NYSE:ARIS traded down $0.85 during mid-day trading on Monday, hitting $21.29. The company had a trading volume of 523,207 shares, compared to its average volume of 654,782. The firm has a fifty day moving average price of $23.81 and a 200 day moving average price of $26.15. Aris Water Solutions, Inc. has a one year low of $13.34 and a one year high of $33.95. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.87 and a quick ratio of 1.87. The company has a market capitalization of $1.26 billion, a PE ratio of 25.96 and a beta of 1.69.

Aris Water Solutions (NYSE:ARIS - Get Free Report) last announced its quarterly earnings results on Tuesday, May 6th. The company reported $0.25 earnings per share for the quarter, beating the consensus estimate of $0.23 by $0.02. The firm had revenue of $120.49 million for the quarter, compared to analysts' expectations of $115.72 million. Aris Water Solutions had a return on equity of 3.77% and a net margin of 6.15%. As a group, research analysts forecast that Aris Water Solutions, Inc. will post 0.91 EPS for the current year.

Aris Water Solutions Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, June 18th. Stockholders of record on Thursday, June 5th were paid a $0.14 dividend. The ex-dividend date of this dividend was Thursday, June 5th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 2.63%. Aris Water Solutions's dividend payout ratio is currently 68.29%.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the company. Wells Fargo & Company dropped their price objective on Aris Water Solutions from $29.00 to $23.00 and set an "equal weight" rating for the company in a report on Thursday, May 8th. The Goldman Sachs Group lowered their price objective on Aris Water Solutions from $34.00 to $30.00 and set a "buy" rating on the stock in a report on Thursday, May 8th. Wall Street Zen lowered Aris Water Solutions from a "hold" rating to a "sell" rating in a research report on Tuesday, May 13th. Finally, Citigroup reiterated a "neutral" rating on shares of Aris Water Solutions in a research note on Monday, May 12th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and two have given a buy rating to the company's stock. According to MarketBeat, Aris Water Solutions currently has a consensus rating of "Hold" and a consensus price target of $26.00.

About Aris Water Solutions

Aris Water Solutions, Inc, an environmental infrastructure and solutions company, provides water handling and recycling solutions. The company's produced water handling business gathers, transports, unless recycled, and handles produced water generated from oil and natural gas production. Its water solutions business develops and operates recycling facilities to treat, store, and recycle produced water.