Tudor Investment Corp Et Al Purchases Shares of 42,255 Aris Water Solutions, Inc. (NYSE:ARIS)

Tudor Investment Corp Et Al purchased a new stake in shares of Aris Water Solutions, Inc. (NYSE:ARIS – Get Rating) during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 42,255 shares of the company’s stock, valued at approximately $539,000. Tudor Investment Corp Et Al owned approximately 0.07% of Aris Water Solutions at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the business. Wellington Management Group LLP boosted its holdings in shares of Aris Water Solutions by 7.1% in the 1st quarter. Wellington Management Group LLP now owns 1,985,850 shares of the company’s stock valued at $36,143,000 after acquiring an additional 130,869 shares during the last quarter. Federated Hermes Inc. boosted its holdings in shares of Aris Water Solutions by 50.8% in the 1st quarter. Federated Hermes Inc. now owns 1,885,000 shares of the company’s stock valued at $34,307,000 after acquiring an additional 635,000 shares during the last quarter. Copeland Capital Management LLC boosted its holdings in shares of Aris Water Solutions by 136.4% in the 3rd quarter. Copeland Capital Management LLC now owns 1,131,837 shares of the company’s stock valued at $14,442,000 after acquiring an additional 653,060 shares during the last quarter. Emerald Advisers LLC boosted its holdings in shares of Aris Water Solutions by 19.8% in the 3rd quarter. Emerald Advisers LLC now owns 1,008,154 shares of the company’s stock valued at $12,864,000 after acquiring an additional 166,618 shares during the last quarter. Finally, Vanguard Group Inc. boosted its holdings in shares of Aris Water Solutions by 3.2% in the 1st quarter. Vanguard Group Inc. now owns 878,672 shares of the company’s stock valued at $15,992,000 after acquiring an additional 27,329 shares during the last quarter. 39.50% of the stock is owned by hedge funds and other institutional investors.

Aris Water Solutions Stock Performance

ARIS opened at $13.24 on Tuesday. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 0.59. The company has a market cap of $758.98 million, a price-to-earnings ratio of 1,324.00 and a beta of 2.04. Aris Water Solutions, Inc. has a 52-week low of $11.75 and a 52-week high of $23.58. The firm’s fifty day simple moving average is $14.67 and its two-hundred day simple moving average is $14.95.

Analysts Set New Price Targets

Several analysts have recently commented on ARIS shares. Barclays upped their price objective on shares of Aris Water Solutions from $15.00 to $16.00 and gave the company an “equal weight” rating in a report on Wednesday, January 18th. Wells Fargo & Company downgraded shares of Aris Water Solutions from an “overweight” rating to an “equal weight” rating and lowered their price target for the stock from $20.00 to $17.00 in a report on Friday, December 16th. Finally, Citigroup started coverage on shares of Aris Water Solutions in a report on Thursday, December 8th. They set a “buy” rating and a $20.00 price target on the stock. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $19.83.

Aris Water Solutions Company Profile

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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.