U.S. Capital Wealth Advisors LLC Purchases Shares of 12,256 Solaris Energy Infrastructure, Inc. (NASDAQ:SEI)

U.S. Capital Wealth Advisors LLC purchased a new stake in shares of Solaris Energy Infrastructure, Inc. (NASDAQ:SEI - Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 12,256 shares of the company's stock, valued at approximately $267,000.

A number of other institutional investors have also added to or reduced their stakes in SEI. Wayfinding Financial LLC bought a new stake in Solaris Energy Infrastructure in the first quarter valued at approximately $29,000. Riverview Trust Co purchased a new stake in shares of Solaris Energy Infrastructure in the first quarter worth $47,000. California State Teachers Retirement System bought a new position in Solaris Energy Infrastructure in the fourth quarter valued at about $52,000. GAMMA Investing LLC bought a new position in Solaris Energy Infrastructure in the first quarter valued at about $435,000. Finally, Assenagon Asset Management S.A. bought a new position in shares of Solaris Energy Infrastructure in the first quarter worth about $772,000. Hedge funds and other institutional investors own 67.44% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the company. Raymond James Financial assumed coverage on Solaris Energy Infrastructure in a report on Friday, June 13th. They issued an "outperform" rating and a $39.00 target price for the company. Barclays assumed coverage on Solaris Energy Infrastructure in a research report on Friday, June 6th. They issued an "overweight" rating and a $42.00 price target for the company. Wall Street Zen lowered Solaris Energy Infrastructure from a "hold" rating to a "sell" rating in a research report on Wednesday, June 25th. Northland Capmk upgraded Solaris Energy Infrastructure to a "strong-buy" rating in a research note on Tuesday, April 22nd. Finally, Northland Securities initiated coverage on Solaris Energy Infrastructure in a research note on Tuesday, April 22nd. They issued an "outperform" rating and a $37.00 target price on the stock. One research analyst has rated the stock with a sell rating, ten have given a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus price target of $42.56.

Insider Buying and Selling at Solaris Energy Infrastructure

In related news, Director Aj Teague acquired 1,000 shares of the business's stock in a transaction dated Friday, May 23rd. The stock was acquired at an average price of $26.77 per share, with a total value of $26,770.00. Following the completion of the transaction, the director owned 98,459 shares of the company's stock, valued at approximately $2,635,747.43. This represents a 1.03% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO William A. Zartler bought 10,000 shares of the business's stock in a transaction dated Wednesday, May 21st. The stock was purchased at an average price of $21.78 per share, with a total value of $217,800.00. Following the purchase, the chief executive officer directly owned 1,039,227 shares of the company's stock, valued at $22,634,364.06. The trade was a 0.97% increase in their position. The disclosure for this purchase can be found here. Insiders acquired 12,000 shares of company stock worth $267,150 in the last ninety days. 21.20% of the stock is owned by corporate insiders.

Solaris Energy Infrastructure Trading Down 4.4%

SEI traded down $1.39 during trading on Tuesday, hitting $30.41. The company's stock had a trading volume of 1,037,813 shares, compared to its average volume of 1,113,224. The stock has a market cap of $2.05 billion, a PE ratio of 69.12 and a beta of 1.09. The company has a debt-to-equity ratio of 0.77, a current ratio of 3.61 and a quick ratio of 3.40. The firm's 50 day moving average price is $27.29 and its 200-day moving average price is $26.05. Solaris Energy Infrastructure, Inc. has a twelve month low of $10.96 and a twelve month high of $39.03.

Solaris Energy Infrastructure Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 13th. Investors of record on Tuesday, June 3rd were issued a dividend of $0.12 per share. The ex-dividend date was Tuesday, June 3rd. This represents a $0.48 annualized dividend and a yield of 1.58%. Solaris Energy Infrastructure's payout ratio is 97.96%.

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.