66,300 Shares in Solaris Energy Infrastructure, Inc. $SEI Acquired by Swiss National Bank

Swiss National Bank bought a new stake in Solaris Energy Infrastructure, Inc. (NASDAQ:SEI) during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 66,300 shares of the company’s stock, valued at approximately $1,443,000. Swiss National Bank owned approximately 0.10% of Solaris Energy Infrastructure as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. California State Teachers Retirement System purchased a new stake in shares of Solaris Energy Infrastructure in the 4th quarter valued at approximately $52,000. GAMMA Investing LLC acquired a new position in shares of Solaris Energy Infrastructure during the first quarter worth $435,000. Rhumbline Advisers acquired a new position in shares of Solaris Energy Infrastructure during the first quarter worth $962,000. Retirement Planning Group LLC purchased a new position in Solaris Energy Infrastructure in the first quarter valued at $802,000. Finally, Riverview Trust Co acquired a new stake in Solaris Energy Infrastructure in the first quarter valued at $47,000. Institutional investors and hedge funds own 67.44% of the company’s stock.

Solaris Energy Infrastructure Price Performance

Shares of NASDAQ SEI opened at $28.6890 on Monday. The stock has a market cap of $1.94 billion, a P/E ratio of 65.20 and a beta of 1.14. Solaris Energy Infrastructure, Inc. has a twelve month low of $10.96 and a twelve month high of $39.03. The stock has a 50 day moving average of $29.97 and a two-hundred day moving average of $26.18. 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 Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 26th. Investors of record on Tuesday, September 16th will be given a $0.12 dividend. The ex-dividend date is Tuesday, September 16th. This represents a $0.48 annualized dividend and a yield of 1.7%. Solaris Energy Infrastructure’s dividend payout ratio is 81.36%.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on SEI shares. Wall Street Zen cut Solaris Energy Infrastructure from a “hold” rating to a “sell” rating in a research report on Wednesday, June 25th. Raymond James Financial restated an “outperform” rating and set a $38.00 target price (down previously from $39.00) on shares of Solaris Energy Infrastructure in a research note on Wednesday, July 23rd. Stifel Nicolaus reaffirmed a “buy” rating and issued a $45.00 price target (up from $41.00) on shares of Solaris Energy Infrastructure in a report on Friday, July 25th. Vertical Research initiated coverage on shares of Solaris Energy Infrastructure in a research note on Wednesday, May 14th. They issued a “buy” rating and a $36.00 price target on the stock. Finally, Barclays boosted their price objective on shares of Solaris Energy Infrastructure from $39.00 to $44.00 and gave the stock an “overweight” rating in a research report on Monday, July 28th. Two research analysts have rated the stock with a Strong Buy rating and ten have assigned a Buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of $43.67.

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.