Spark Investment Management LLC bought a new stake in Solaris Oilfield Infrastructure, Inc. (NYSE:SOI) during the second quarter, according to its most recent filing with the SEC. The firm bought 156,700 shares of the company’s stock, valued at approximately $1,806,000. Spark Investment Management LLC owned 1.46% of Solaris Oilfield Infrastructure at the end of the most recent reporting period.

Shares of Solaris Oilfield Infrastructure, Inc. (NYSE:SOI) opened at 13.42 on Tuesday. Solaris Oilfield Infrastructure, Inc. has a 1-year low of $9.90 and a 1-year high of $14.07. The company has a 50 day moving average of $11.89 and a 200 day moving average of $11.75. The company has a market cap of $144.24 million and a PE ratio of 18.72.

COPYRIGHT VIOLATION WARNING: This article was first published by Daily Political and is owned by of Daily Political. If you are reading this article on another publication, it was copied illegally and reposted in violation of US & international copyright & trademark laws. The legal version of this article can be viewed at https://www.dailypolitical.com/2017/08/08/spark-investment-management-llc-buys-new-stake-in-solaris-oilfield-infrastructure-inc-nysesoi.html.

Several equities analysts have commented on the stock. Raymond James Financial, Inc. assumed coverage on shares of Solaris Oilfield Infrastructure in a research report on Thursday, July 20th. They set an “outperform” rating on the stock. UBS AG began coverage on Solaris Oilfield Infrastructure in a research report on Wednesday, July 19th. They issued an “outperform” rating on the stock. Seaport Global Securities reaffirmed a “buy” rating on shares of Solaris Oilfield Infrastructure in a research report on Thursday, July 20th. Piper Jaffray Companies reaffirmed a “buy” rating and issued a $15.50 price target on shares of Solaris Oilfield Infrastructure in a research report on Thursday, August 3rd. Finally, Credit Suisse Group began coverage on Solaris Oilfield Infrastructure in a research report on Tuesday, June 6th. They issued an “outperform” rating and a $17.00 price target on the stock. Eleven equities research analysts have rated the stock with a buy rating, The stock presently has a consensus rating of “Buy” and an average price target of $16.25.

About Solaris Oilfield Infrastructure

Solaris Oilfield Infrastructure, Inc manufactures and provides its mobile proppant management systems that unload, store and deliver proppant at oil and natural gas well sites. The Company offers its services to oil and natural gas exploration and production (E&P) companies, as well as oilfield service companies.

Institutional Ownership by Quarter for Solaris Oilfield Infrastructure (NYSE:SOI)

Receive News & Ratings for Solaris Oilfield Infrastructure Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Solaris Oilfield Infrastructure Inc. and related companies with MarketBeat.com's FREE daily email newsletter.