Acuitas Investments LLC Has $1.26 Million Stock Holdings in Solaris Oilfield Infrastructure, Inc. (NYSE:SOI)

Acuitas Investments LLC trimmed its holdings in shares of Solaris Oilfield Infrastructure, Inc. (NYSE:SOI - Free Report) by 64.8% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 157,649 shares of the company's stock after selling 290,774 shares during the period. Acuitas Investments LLC owned 0.36% of Solaris Oilfield Infrastructure worth $1,255,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of SOI. Assenagon Asset Management S.A. bought a new position in shares of Solaris Oilfield Infrastructure during the 4th quarter valued at about $1,520,000. GSA Capital Partners LLP boosted its holdings in shares of Solaris Oilfield Infrastructure by 83.1% in the third quarter. GSA Capital Partners LLP now owns 82,319 shares of the company's stock worth $878,000 after buying an additional 37,362 shares during the period. Alps Advisors Inc. acquired a new position in shares of Solaris Oilfield Infrastructure in the third quarter worth about $341,000. Barclays PLC boosted its holdings in shares of Solaris Oilfield Infrastructure by 11.7% in the third quarter. Barclays PLC now owns 41,059 shares of the company's stock worth $437,000 after buying an additional 4,293 shares during the period. Finally, Strs Ohio boosted its holdings in shares of Solaris Oilfield Infrastructure by 36.5% in the third quarter. Strs Ohio now owns 51,600 shares of the company's stock worth $550,000 after buying an additional 13,800 shares during the period. Institutional investors and hedge funds own 67.44% of the company's stock.

Insider Transactions at Solaris Oilfield Infrastructure

In other news, insider Christopher M. Powell sold 17,500 shares of the firm's stock in a transaction on Friday, March 15th. The shares were sold at an average price of $8.50, for a total value of $148,750.00. Following the sale, the insider now owns 130,202 shares in the company, valued at $1,106,717. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. 34.71% of the stock is currently owned by corporate insiders.

Solaris Oilfield Infrastructure Stock Performance

Shares of NYSE:SOI traded up $1.17 during trading on Friday, reaching $9.64. The stock had a trading volume of 1,062,731 shares, compared to its average volume of 410,247. Solaris Oilfield Infrastructure, Inc. has a 52 week low of $6.59 and a 52 week high of $11.32. The firm has a market capitalization of $414.40 million, a price-to-earnings ratio of 12.51 and a beta of 1.29. The company has a quick ratio of 1.63, a current ratio of 1.80 and a debt-to-equity ratio of 0.33. The stock has a fifty day simple moving average of $8.47 and a two-hundred day simple moving average of $8.40.

Solaris Oilfield Infrastructure (NYSE:SOI - Get Free Report) last released its quarterly earnings results on Thursday, April 25th. The company reported $0.16 EPS for the quarter, beating analysts' consensus estimates of $0.13 by $0.03. Solaris Oilfield Infrastructure had a net margin of 8.31% and a return on equity of 12.01%. The company had revenue of $67.89 million for the quarter, compared to analyst estimates of $63.55 million. As a group, analysts anticipate that Solaris Oilfield Infrastructure, Inc. will post 0.52 earnings per share for the current fiscal year.

Solaris Oilfield Infrastructure Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 21st. Stockholders of record on Monday, March 11th were paid a $0.12 dividend. The ex-dividend date was Friday, March 8th. This represents a $0.48 annualized dividend and a dividend yield of 4.98%. Solaris Oilfield Infrastructure's payout ratio is 62.34%.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on SOI shares. Stifel Nicolaus reduced their price target on shares of Solaris Oilfield Infrastructure from $12.00 to $10.00 and set a "buy" rating for the company in a research report on Wednesday, January 3rd. TheStreet lowered shares of Solaris Oilfield Infrastructure from a "b-" rating to a "c+" rating in a research report on Wednesday, January 24th.

About Solaris Oilfield Infrastructure

Solaris Oilfield Infrastructure, Inc designs and manufactures specialized equipment for oil and natural gas operators in the United States. The company provides mobile proppant and fluid management systems, as well as last mile logistics management services. It offers systems, mobilization, and last mile logistics services that are used to unload, store, and deliver proppant, water and/or chemicals at oil and natural gas well sites.