Solaris Oilfield Infrastructure, Inc. (NYSE:SOI) Shares Bought by Jump Financial LLC

Jump Financial LLC lifted its stake in shares of Solaris Oilfield Infrastructure, Inc. (NYSE:SOI) by 146.2% during the fourth quarter, Holdings Channel.com reports. The firm owned 35,693 shares of the company’s stock after acquiring an additional 21,193 shares during the period. Jump Financial LLC’s holdings in Solaris Oilfield Infrastructure were worth $284,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of SOI. First Hawaiian Bank bought a new stake in shares of Solaris Oilfield Infrastructure during the 4th quarter worth about $83,000. Versor Investments LP bought a new stake in Solaris Oilfield Infrastructure during the third quarter worth approximately $133,000. SG Americas Securities LLC lifted its position in Solaris Oilfield Infrastructure by 40.6% in the fourth quarter. SG Americas Securities LLC now owns 17,563 shares of the company’s stock worth $140,000 after purchasing an additional 5,074 shares during the period. Summit Global Investments boosted its stake in Solaris Oilfield Infrastructure by 21.1% during the 4th quarter. Summit Global Investments now owns 23,000 shares of the company’s stock valued at $183,000 after purchasing an additional 4,000 shares in the last quarter. Finally, Quadrature Capital Ltd acquired a new position in shares of Solaris Oilfield Infrastructure during the 3rd quarter valued at $198,000. Institutional investors own 67.44% of the company’s stock.

Solaris Oilfield Infrastructure Price Performance

SOI opened at $8.92 on Monday. The stock’s fifty day moving average is $8.83 and its 200-day moving average is $8.29. Solaris Oilfield Infrastructure, Inc. has a one year low of $6.59 and a one year high of $11.32. The company has a market capitalization of $392.66 million, a PE ratio of 13.12 and a beta of 1.27. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.58 and a current ratio of 1.78.

Solaris Oilfield Infrastructure (NYSE:SOI) last issued its quarterly earnings results on Thursday, April 25th. The company reported $0.16 EPS for the quarter, topping the consensus estimate of $0.13 by $0.03. Solaris Oilfield Infrastructure had a net margin of 7.58% and a return on equity of 10.82%. The firm had revenue of $67.89 million for the quarter, compared to analysts’ expectations of $63.55 million. On average, equities analysts predict that Solaris Oilfield Infrastructure, Inc. will post 0.49 EPS for the current fiscal year.

Solaris Oilfield Infrastructure Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 17th. Investors of record on Friday, June 7th will be issued a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 5.38%. The ex-dividend date is Friday, June 7th. Solaris Oilfield Infrastructure’s payout ratio is 70.59%.

Insiders Place Their Bets

In other news, insider Christopher M. Powell sold 17,500 shares of the stock in a transaction on Friday, March 15th. The stock was sold at an average price of $8.50, for a total transaction of $148,750.00. Following the completion of the sale, the insider now owns 130,202 shares in the company, valued at approximately $1,106,717. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 34.71% of the stock is currently owned by company insiders.

Solaris Oilfield Infrastructure Profile

Solaris Oilfield Infrastructure, Inc designs and manufactures specialized equipment for oil and natural gas operators in the United States. The company provides mobile proppant and fluid management systems, as well as last mile logistics management services. It offers systems, mobilization, and last mile logistics services that are used to unload, store, and deliver proppant, water and/or chemicals at oil and natural gas well sites.