Savant Capital LLC Has $416,000 Position in Solaris Energy Infrastructure, Inc. $SEI

Savant Capital LLC lowered its holdings in Solaris Energy Infrastructure, Inc. (NYSE:SEI) by 64.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 9,054 shares of the company’s stock after selling 16,566 shares during the quarter. Savant Capital LLC’s holdings in Solaris Energy Infrastructure were worth $416,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently bought and sold shares of SEI. Royal Bank of Canada acquired a new position in Solaris Energy Infrastructure in the first quarter worth $477,000. AQR Capital Management LLC acquired a new position in Solaris Energy Infrastructure in the first quarter worth $2,475,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in Solaris Energy Infrastructure in the first quarter worth $396,000. Goldman Sachs Group Inc. acquired a new position in Solaris Energy Infrastructure in the first quarter worth $13,714,000. Finally, Strs Ohio acquired a new position in Solaris Energy Infrastructure in the first quarter worth $28,000. Institutional investors and hedge funds own 67.44% of the company’s stock.

Wall Street Analysts Forecast Growth

SEI has been the subject of a number of recent research reports. Weiss Ratings upgraded Solaris Energy Infrastructure from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, May 28th. Raymond James Financial restated an “outperform” rating and set a $82.00 target price on shares of Solaris Energy Infrastructure in a research report on Wednesday, April 29th. Stifel Nicolaus boosted their target price on Solaris Energy Infrastructure from $71.00 to $93.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. Wells Fargo & Company boosted their target price on Solaris Energy Infrastructure from $71.00 to $82.00 and gave the stock an “equal weight” rating in a research report on Wednesday, April 29th. Finally, Wall Street Zen downgraded Solaris Energy Infrastructure from a “hold” rating to a “sell” rating in a research report on Saturday, March 7th. Eight equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $80.00.

Solaris Energy Infrastructure Trading Up 3.0%

SEI stock opened at $76.42 on Friday. The company has a market cap of $5.62 billion, a P/E ratio of 85.87 and a beta of 1.19. Solaris Energy Infrastructure, Inc. has a twelve month low of $24.57 and a twelve month high of $81.24. The company has a quick ratio of 1.07, a current ratio of 1.11 and a debt-to-equity ratio of 1.23. The business has a fifty day moving average of $68.01 and a 200-day moving average of $57.22.

Solaris Energy Infrastructure (NYSE:SEI) last released its quarterly earnings data on Monday, April 27th. The company reported $0.44 EPS for the quarter, beating analysts’ consensus estimates of $0.26 by $0.18. The business had revenue of $196.24 million during the quarter. Solaris Energy Infrastructure had a return on equity of 13.33% and a net margin of 6.69%. As a group, equities research analysts expect that Solaris Energy Infrastructure, Inc. will post 1.3 EPS for the current year.

Insiders Place Their Bets

In related news, insider Christopher M. Powell sold 36,852 shares of the company’s stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $74.63, for a total value of $2,750,264.76. Following the completion of the sale, the insider owned 114,117 shares in the company, valued at approximately $8,516,551.71. This represents a 24.41% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Aj Teague acquired 2,750 shares of the company’s stock in a transaction that occurred on Friday, May 8th. The stock was bought at an average price of $72.98 per share, with a total value of $200,695.00. Following the acquisition, the director directly owned 11,060 shares of the company’s stock, valued at $807,158.80. The trade was a 33.09% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have sold a total of 4,099,593 shares of company stock valued at $297,782,099 in the last ninety days. 20.23% of the stock is currently owned by insiders.

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.