F m Investments LLC Invests $472,000 in Solaris Energy Infrastructure, Inc. $SEI

F m Investments LLC acquired a new position in Solaris Energy Infrastructure, Inc. (NYSE:SEI) during the fourth quarter, according to its most recent 13F filing with the SEC. The firm acquired 10,272 shares of the company’s stock, valued at approximately $472,000.

Other large investors also recently modified their holdings of the company. CenterBook Partners LP raised its holdings in shares of Solaris Energy Infrastructure by 513.1% in the 3rd quarter. CenterBook Partners LP now owns 415,453 shares of the company’s stock worth $16,606,000 after purchasing an additional 347,693 shares during the period. Advent International L.P. purchased a new position in shares of Solaris Energy Infrastructure in the 3rd quarter worth about $40,246,000. Hiddenite Capital Partners LP purchased a new position in shares of Solaris Energy Infrastructure in the 3rd quarter worth about $13,990,000. AGF Management Ltd. purchased a new stake in shares of Solaris Energy Infrastructure during the 3rd quarter valued at about $6,613,000. Finally, Mercuria Capital Strategies LLC purchased a new stake in shares of Solaris Energy Infrastructure during the 3rd quarter valued at about $3,398,000. 67.44% of the stock is currently owned by hedge funds and other institutional investors.

Solaris Energy Infrastructure Stock Performance

Shares of NYSE:SEI opened at $72.81 on Monday. The company has a market cap of $4.99 billion, a P/E ratio of 81.81 and a beta of 1.25. The company has a debt-to-equity ratio of 1.23, a quick ratio of 1.07 and a current ratio of 1.11. Solaris Energy Infrastructure, Inc. has a one year low of $21.22 and a one year high of $81.24. The business’s 50-day simple moving average is $60.72 and its 200 day simple moving average is $53.96.

Solaris Energy Infrastructure (NYSE:SEI) last posted its quarterly earnings data on Monday, April 27th. The company reported $0.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.26 by $0.18. Solaris Energy Infrastructure had a return on equity of 13.33% and a net margin of 6.69%.The company had revenue of $196.24 million for the quarter. On average, sell-side analysts forecast that Solaris Energy Infrastructure, Inc. will post 1.3 earnings per share for the current fiscal year.

Insider Activity at Solaris Energy Infrastructure

In other Solaris Energy Infrastructure news, Director W Howard Keenan, Jr. sold 2,000,000 shares of Solaris Energy Infrastructure stock in a transaction that occurred on Wednesday, May 6th. The stock was sold at an average price of $74.50, for a total transaction of $149,000,000.00. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, major shareholder Ktr Management Company, Llc sold 2,000,000 shares of Solaris Energy Infrastructure stock in a transaction that occurred on Thursday, April 30th. The stock was sold at an average price of $70.75, for a total value of $141,500,000.00. The disclosure for this sale is available in the SEC filing. 20.23% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

SEI has been the topic of several analyst reports. Zacks Research upgraded Solaris Energy Infrastructure from a “strong sell” rating to a “hold” rating in a report on Thursday, March 12th. UBS Group set a $65.00 target price on Solaris Energy Infrastructure in a report on Tuesday, January 27th. Glj Research initiated coverage on Solaris Energy Infrastructure in a report on Thursday, March 5th. They set a “buy” rating and a $60.00 target price on the stock. Wells Fargo & Company raised their target price on Solaris Energy Infrastructure from $71.00 to $82.00 and gave the company an “equal weight” rating in a report on Wednesday, April 29th. Finally, Raymond James Financial reiterated an “outperform” rating and set a $82.00 target price on shares of Solaris Energy Infrastructure in a report on Wednesday, April 29th. Eight research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $75.18.

About Solaris Energy Infrastructure

Solaris Energy Infrastructure Fund Inc (NYSE: SEI) is a closed-end management investment company that seeks to provide total return through a combination of current income and capital appreciation. The fund pursues its objective by investing primarily in equity securities of energy infrastructure companies, including master limited partnerships (MLPs) and other midstream entities. SEI is externally managed by Solaris Asset Management LP, a firm specializing in energy infrastructure investments.

The fund’s portfolio targets businesses involved in the gathering, processing, transportation, storage and terminalling of oil, natural gas and refined products.