Solaris Energy Infrastructure, Inc. $SEI Shares Newly Bought by Two Seas Capital LP

Two Seas Capital LP acquired a new stake in Solaris Energy Infrastructure, Inc. (NYSE:SEI) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 786,838 shares of the company’s stock, valued at approximately $56,007,000. Solaris Energy Infrastructure comprises about 0.6% of Two Seas Capital LP’s investment portfolio, making the stock its 17th biggest holding.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of SEI. Engineers Gate Manager LP acquired a new stake in shares of Solaris Energy Infrastructure in the second quarter valued at approximately $475,000. Integrated Wealth Concepts LLC acquired a new position in shares of Solaris Energy Infrastructure during the second quarter worth approximately $219,000. NewEdge Advisors LLC bought a new position in Solaris Energy Infrastructure in the 2nd quarter worth approximately $880,000. Nykredit A S acquired a new stake in Solaris Energy Infrastructure in the 2nd quarter valued at approximately $164,000. Finally, Readystate Asset Management LP acquired a new stake in Solaris Energy Infrastructure in the 2nd quarter valued at approximately $3,058,000. 67.44% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, Director A. Teague bought 3,900 shares of the firm’s stock in a transaction that occurred on Tuesday, September 8th. The stock was acquired at an average price of $64.21 per share, with a total value of $250,419.00. Following the completion of the purchase, the director directly owned 116,865 shares of the company’s stock, valued at $7,503,901.65. This represents a 3.45% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. 20.23% of the stock is owned by corporate insiders.

Solaris Energy Infrastructure Price Performance

SEI traded up $5.11 during trading on Tuesday, reaching $79.86. The stock had a trading volume of 3,086,594 shares, compared to its average volume of 2,756,048. The stock has a 50 day moving average of $60.30 and a two-hundred day moving average of $65.76. The company has a quick ratio of 4.03, a current ratio of 4.12 and a debt-to-equity ratio of 2.23. The firm has a market capitalization of $6.11 billion, a price-to-earnings ratio of 93.95 and a beta of 1.28. Solaris Energy Infrastructure, Inc. has a 1-year low of $38.50 and a 1-year high of $86.19.

Solaris Energy Infrastructure (NYSE:SEI) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $0.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.31 by $0.08. Solaris Energy Infrastructure had a return on equity of 13.26% and a net margin of 7.19%.The company had revenue of $219.40 million for the quarter. As a group, equities analysts anticipate that Solaris Energy Infrastructure, Inc. will post 1.24 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the company. Citigroup boosted their price target on Solaris Energy Infrastructure from $84.00 to $100.00 and gave the stock a “buy” rating in a research report on Thursday, September 24th. Stifel Nicolaus raised their price target on Solaris Energy Infrastructure from $98.00 to $101.00 and gave the company a “buy” rating in a report on Thursday, September 24th. Zacks Research upgraded shares of Solaris Energy Infrastructure from a “strong sell” rating to a “hold” rating in a research note on Thursday, September 10th. Barclays upped their price objective on shares of Solaris Energy Infrastructure from $90.00 to $116.00 and gave the stock an “overweight” rating in a report on Monday, September 28th. Finally, Raymond James Financial increased their target price on shares of Solaris Energy Infrastructure from $82.00 to $96.00 and gave the company an “outperform” rating in a research report on Wednesday, September 9th. Ten investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $94.17.

Solaris Energy Infrastructure Company Profile

Solaris Energy Infrastructure, Inc (NYSE: SEI) is an energy infrastructure company that develops, owns and operates mobile and distributed power-generation and energy-management systems. The company provides customers with reliable electricity and related infrastructure designed for applications that require flexible, scalable power capacity.

Solaris’ offerings have historically included natural gas-powered mobile generators, battery energy-storage systems, power distribution equipment and associated services.