U.S. Capital Wealth Advisors LLC Makes New $267,000 Investment in Solaris Energy Infrastructure, Inc. (NASDAQ:SEI)

U.S. Capital Wealth Advisors LLC acquired a new position in Solaris Energy Infrastructure, Inc. (NASDAQ:SEI - Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 12,256 shares of the company's stock, valued at approximately $267,000.

Several other large investors have also recently made changes to their positions in the business. Bank of New York Mellon Corp bought a new position in Solaris Energy Infrastructure during the 1st quarter valued at approximately $5,137,000. Congress Asset Management Co. purchased a new position in Solaris Energy Infrastructure in the first quarter worth about $4,379,000. Acuitas Investments LLC bought a new position in shares of Solaris Energy Infrastructure in the first quarter worth approximately $3,728,000. Ritholtz Wealth Management bought a new position in shares of Solaris Energy Infrastructure in the first quarter worth approximately $2,784,000. Finally, Moody Aldrich Partners LLC purchased a new stake in shares of Solaris Energy Infrastructure during the first quarter valued at approximately $1,805,000. 67.44% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Solaris Energy Infrastructure

In other news, Director Aj Teague bought 1,000 shares of the company's stock in a transaction that occurred on Friday, May 23rd. The stock was bought at an average price of $26.77 per share, with a total value of $26,770.00. Following the acquisition, 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 position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO William A. Zartler acquired 10,000 shares of the stock in a transaction dated Wednesday, May 21st. The stock was acquired at an average price of $21.78 per share, for a total transaction of $217,800.00. Following the completion of the transaction, the chief executive officer directly owned 1,039,227 shares of the company's stock, valued at approximately $22,634,364.06. This represents a 0.97% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have bought a total of 12,000 shares of company stock worth $267,150 over the last 90 days. Insiders own 21.20% of the company's stock.

Solaris Energy Infrastructure Trading Up 1.7%

Shares of NASDAQ:SEI opened at $31.23 on Friday. The stock has a 50 day moving average of $27.10 and a 200 day moving average of $26.06. The company has a market cap of $2.11 billion, a PE ratio of 70.98 and a beta of 1.09. Solaris Energy Infrastructure, Inc. has a 12-month low of $10.96 and a 12-month high of $39.03. The company has a current ratio of 3.61, a quick ratio of 3.40 and a debt-to-equity ratio of 0.77.

Solaris Energy Infrastructure Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 13th. Stockholders of record on Tuesday, June 3rd were paid a $0.12 dividend. The ex-dividend date of this dividend was Tuesday, June 3rd. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.54%. Solaris Energy Infrastructure's dividend payout ratio (DPR) is presently 97.96%.

Analyst Upgrades and Downgrades

SEI has been the topic of several analyst reports. Vertical Research initiated coverage on Solaris Energy Infrastructure in a research report on Wednesday, May 14th. They issued a "buy" rating and a $36.00 price objective on the stock. Raymond James Financial initiated coverage on Solaris Energy Infrastructure in a research report on Friday, June 13th. They set an "outperform" rating and a $39.00 price objective on the stock. Northland Capmk upgraded shares of Solaris Energy Infrastructure to a "strong-buy" rating in a research note on Tuesday, April 22nd. Northland Securities began coverage on shares of Solaris Energy Infrastructure in a research note on Tuesday, April 22nd. They issued an "outperform" rating and a $37.00 price target for the company. Finally, Piper Sandler increased their price objective on shares of Solaris Energy Infrastructure from $50.00 to $51.00 and gave the company an "overweight" rating in a research report on Wednesday, April 30th. One investment analyst has rated the stock with a sell rating, ten have issued a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Buy" and an average price target of $42.56.

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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