Tudor Investment Corp ET AL Increases Position in Solaris Energy Infrastructure, Inc. $SEI

Tudor Investment Corp ET AL grew its position in shares of Solaris Energy Infrastructure, Inc. (NYSE:SEI) by 18.1% during the third quarter, Holdings Channel reports. The firm owned 468,187 shares of the company’s stock after acquiring an additional 71,796 shares during the quarter. Tudor Investment Corp ET AL’s holdings in Solaris Energy Infrastructure were worth $18,713,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of SEI. Vanguard Group Inc. raised its holdings in shares of Solaris Energy Infrastructure by 9.2% in the 3rd quarter. Vanguard Group Inc. now owns 2,664,870 shares of the company’s stock valued at $106,515,000 after buying an additional 224,021 shares during the period. Westwood Holdings Group Inc. boosted its holdings in Solaris Energy Infrastructure by 11.8% during the 2nd quarter. Westwood Holdings Group Inc. now owns 1,504,738 shares of the company’s stock valued at $42,569,000 after acquiring an additional 158,338 shares during the period. Van ECK Associates Corp grew its position in Solaris Energy Infrastructure by 623.5% in the 3rd quarter. Van ECK Associates Corp now owns 1,295,898 shares of the company’s stock valued at $51,797,000 after acquiring an additional 1,116,794 shares in the last quarter. GW&K Investment Management LLC grew its position in Solaris Energy Infrastructure by 12.5% in the 3rd quarter. GW&K Investment Management LLC now owns 1,177,830 shares of the company’s stock valued at $47,078,000 after acquiring an additional 130,975 shares in the last quarter. Finally, Two Sigma Investments LP increased its stake in Solaris Energy Infrastructure by 88.9% during the third quarter. Two Sigma Investments LP now owns 1,007,320 shares of the company’s stock worth $40,263,000 after purchasing an additional 474,087 shares during the period. 67.44% of the stock is owned by institutional investors and hedge funds.

Solaris Energy Infrastructure Trading Down 6.3%

Shares of NYSE:SEI opened at $61.70 on Friday. Solaris Energy Infrastructure, Inc. has a 52 week low of $14.27 and a 52 week high of $70.17. The company’s 50 day moving average is $53.84 and its two-hundred day moving average is $48.17. The company has a market cap of $4.22 billion, a PE ratio of 86.90 and a beta of 1.13. The company has a current ratio of 2.96, a quick ratio of 2.87 and a debt-to-equity ratio of 1.37.

Solaris Energy Infrastructure (NYSE:SEI) last issued its earnings results on Tuesday, February 24th. The company reported $0.35 EPS for the quarter, topping analysts’ consensus estimates of $0.24 by $0.11. The firm had revenue of $179.70 million during the quarter. Solaris Energy Infrastructure had a net margin of 4.81% and a return on equity of 11.83%. Equities analysts predict that Solaris Energy Infrastructure, Inc. will post 0.36 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on SEI. Wells Fargo & Company initiated coverage on shares of Solaris Energy Infrastructure in a research report on Friday. They set an “equal weight” rating and a $71.00 price target on the stock. UBS Group set a $65.00 target price on shares of Solaris Energy Infrastructure in a research note on Tuesday, January 27th. Zacks Research raised Solaris Energy Infrastructure from a “strong sell” rating to a “hold” rating in a research report on Thursday, March 12th. Barclays increased their price objective on Solaris Energy Infrastructure from $63.00 to $74.00 and gave the company an “overweight” rating in a research note on Tuesday. Finally, Raymond James Financial reissued an “outperform” rating on shares of Solaris Energy Infrastructure in a research note on Tuesday, January 27th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $59.36.

Solaris Energy Infrastructure 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.