33,613 Shares in Solaris Energy Infrastructure, Inc. $SEI Purchased by Rokos Capital Management LLP

Rokos Capital Management LLP bought a new position in Solaris Energy Infrastructure, Inc. (NYSE:SEI) during the first quarter, Holdings Channel.com reports. The institutional investor bought 33,613 shares of the company’s stock, valued at approximately $1,900,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Maxi Investments CY Ltd bought a new position in shares of Solaris Energy Infrastructure in the fourth quarter worth approximately $4,765,000. Situational Awareness LP lifted its position in Solaris Energy Infrastructure by 62.3% during the fourth quarter. Situational Awareness LP now owns 1,866,500 shares of the company’s stock valued at $85,803,000 after purchasing an additional 716,200 shares during the last quarter. Principal Financial Group Inc. grew its stake in Solaris Energy Infrastructure by 2,120.7% in the 4th quarter. Principal Financial Group Inc. now owns 1,466,343 shares of the company’s stock worth $67,408,000 after buying an additional 1,400,311 shares in the last quarter. Dockside LLC purchased a new position in Solaris Energy Infrastructure in the 4th quarter worth approximately $3,803,000. Finally, SG Americas Securities LLC increased its holdings in shares of Solaris Energy Infrastructure by 1,441.9% in the 4th quarter. SG Americas Securities LLC now owns 206,130 shares of the company’s stock worth $9,476,000 after buying an additional 192,761 shares during the last quarter. Hedge funds and other institutional investors own 67.44% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently weighed in on the stock. Zacks Research cut shares of Solaris Energy Infrastructure from a “hold” rating to a “strong sell” rating in a research report on Tuesday, June 30th. Morgan Stanley upped their target price on shares of Solaris Energy Infrastructure from $81.00 to $90.00 and gave the stock an “overweight” rating in a research report on Thursday, June 4th. Citigroup increased their target price on Solaris Energy Infrastructure from $61.00 to $84.00 and gave the company a “buy” rating in a research note on Tuesday, May 5th. Wolfe Research started coverage on Solaris Energy Infrastructure in a research report on Monday, July 6th. They set an “outperform” rating and a $120.00 price target on the stock. Finally, Needham & Company LLC initiated coverage on Solaris Energy Infrastructure in a research note on Monday, June 29th. They set a “buy” rating and a $97.00 price target for the company. Nine investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $86.25.

Solaris Energy Infrastructure Stock Down 2.8%

Shares of NYSE SEI opened at $52.53 on Tuesday. The stock has a market capitalization of $3.86 billion, a P/E ratio of 59.02 and a beta of 1.17. Solaris Energy Infrastructure, Inc. has a one year low of $24.57 and a one year high of $86.19. The firm’s 50 day simple moving average is $70.87 and its two-hundred day simple moving average is $63.20. The company has a debt-to-equity ratio of 1.23, a current ratio of 1.11 and a quick ratio of 1.07.

Solaris Energy Infrastructure (NYSE:SEI) last announced its quarterly earnings data on Monday, April 27th. The company reported $0.44 earnings per share for the quarter, topping analysts’ consensus estimates of $0.26 by $0.18. Solaris Energy Infrastructure had a net margin of 6.69% and a return on equity of 13.33%. The firm had revenue of $196.24 million during the quarter. As a group, analysts expect that Solaris Energy Infrastructure, Inc. will post 1.01 EPS for the current fiscal year.

Insider Activity

In related news, insider Christopher M. Powell sold 36,852 shares of the firm’s stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $74.63, for a total transaction of $2,750,264.76. Following the transaction, the insider directly owned 114,117 shares in the company, valued at $8,516,551.71. This trade represents a 24.41% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Ray N. Walker, Jr. sold 56,841 shares of the firm’s stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of $72.11, for a total transaction of $4,098,804.51. Following the completion of the transaction, the director owned 5,760 shares in the company, valued at $415,353.60. This represents a 90.80% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 4,099,593 shares of company stock valued at $297,782,099. Company insiders own 20.23% of the company’s stock.

Solaris Energy Infrastructure Company Profile

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.