Guggenheim Capital LLC Buys 6,475 Shares of Solaris Oilfield Infrastructure, Inc. (NYSE:SOI)

Guggenheim Capital LLC raised its stake in Solaris Oilfield Infrastructure, Inc. (NYSE:SOI – Get Rating) by 14.2% during the third quarter, HoldingsChannel.com reports. The fund owned 52,144 shares of the company’s stock after purchasing an additional 6,475 shares during the quarter. Guggenheim Capital LLC’s holdings in Solaris Oilfield Infrastructure were worth $488,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. US Bancorp DE grew its stake in shares of Solaris Oilfield Infrastructure by 2,297.9% in the 3rd quarter. US Bancorp DE now owns 3,405 shares of the company’s stock worth $32,000 after buying an additional 3,263 shares in the last quarter. Ellevest Inc. boosted its stake in shares of Solaris Oilfield Infrastructure by 28.2% during the 3rd quarter. Ellevest Inc. now owns 4,101 shares of the company’s stock worth $38,000 after purchasing an additional 903 shares during the period. Lazard Asset Management LLC purchased a new position in shares of Solaris Oilfield Infrastructure during the 2nd quarter worth about $51,000. Tower Research Capital LLC TRC boosted its stake in shares of Solaris Oilfield Infrastructure by 1,018.9% during the 3rd quarter. Tower Research Capital LLC TRC now owns 12,465 shares of the company’s stock worth $116,000 after purchasing an additional 11,351 shares during the period. Finally, Quantbot Technologies LP boosted its stake in shares of Solaris Oilfield Infrastructure by 590.3% during the 2nd quarter. Quantbot Technologies LP now owns 11,044 shares of the company’s stock worth $120,000 after purchasing an additional 9,444 shares during the period. 51.16% of the stock is currently owned by institutional investors.

Solaris Oilfield Infrastructure Price Performance

SOI stock opened at $9.43 on Friday. The stock has a market cap of $439.53 million, a PE ratio of 14.73 and a beta of 1.47. The company has a current ratio of 1.57, a quick ratio of 1.48 and a debt-to-equity ratio of 0.26. Solaris Oilfield Infrastructure, Inc. has a 12 month low of $8.29 and a 12 month high of $14.61. The company has a 50-day moving average price of $10.04 and a 200 day moving average price of $10.48.

Solaris Oilfield Infrastructure Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 24th. Shareholders of record on Tuesday, March 14th will be given a $0.11 dividend. This represents a $0.44 annualized dividend and a yield of 4.67%. This is a boost from Solaris Oilfield Infrastructure’s previous quarterly dividend of $0.11. The ex-dividend date of this dividend is Monday, March 13th. Solaris Oilfield Infrastructure’s payout ratio is 65.63%.

Insider Buying and Selling at Solaris Oilfield Infrastructure

In other news, CEO William A. Zartler sold 23,000 shares of the business’s stock in a transaction dated Friday, December 16th. The shares were sold at an average price of $9.50, for a total value of $218,500.00. Following the completion of the sale, the chief executive officer now owns 538,175 shares in the company, valued at approximately $5,112,662.50. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 30.59% of the stock is owned by corporate insiders.

Solaris Oilfield Infrastructure Company Profile

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Solaris Oilfield Infrastructure, Inc operates as a holding company, which engages in the manufacture of patented mobile proppant management systems that unload, store, and deliver proppant at oil and natural gas well sites. Its products include Mobile Proppant and Mobile Chemical Management Systems, and Inventory Management Software.