Virtu Financial LLC Takes Position in Solaris Oilfield Infrastructure, Inc. (NYSE:SOI)

Virtu Financial LLC bought a new stake in shares of Solaris Oilfield Infrastructure, Inc. (NYSE:SOI) during the 4th quarter, according to its most recent filing with the SEC. The firm bought 25,667 shares of the company’s stock, valued at approximately $204,000. Virtu Financial LLC owned 0.06% of Solaris Oilfield Infrastructure as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. lifted its holdings in Solaris Oilfield Infrastructure by 0.7% in the 3rd quarter. Vanguard Group Inc. now owns 1,683,678 shares of the company’s stock worth $17,948,000 after buying an additional 11,006 shares in the last quarter. RK Capital Management LLC increased its position in shares of Solaris Oilfield Infrastructure by 3.8% during the fourth quarter. RK Capital Management LLC now owns 721,200 shares of the company’s stock worth $5,741,000 after acquiring an additional 26,500 shares during the last quarter. Victory Capital Management Inc. lifted its stake in shares of Solaris Oilfield Infrastructure by 0.7% in the fourth quarter. Victory Capital Management Inc. now owns 633,890 shares of the company’s stock worth $5,046,000 after acquiring an additional 4,120 shares in the last quarter. Meros Investment Management LP boosted its holdings in Solaris Oilfield Infrastructure by 3.0% in the third quarter. Meros Investment Management LP now owns 557,959 shares of the company’s stock valued at $5,948,000 after purchasing an additional 16,473 shares during the last quarter. Finally, Element Capital Management LLC acquired a new stake in Solaris Oilfield Infrastructure during the 4th quarter valued at approximately $3,902,000. 67.44% of the stock is owned by institutional investors and hedge funds.

Solaris Oilfield Infrastructure Stock Performance

Shares of SOI opened at $8.18 on Monday. The firm has a market cap of $360.08 million, a price-to-earnings ratio of 12.03 and a beta of 1.23. The company has a quick ratio of 1.58, a current ratio of 1.78 and a debt-to-equity ratio of 0.32. The business’s 50 day moving average is $8.75 and its two-hundred day moving average is $8.27. Solaris Oilfield Infrastructure, Inc. has a 52-week low of $6.59 and a 52-week high of $11.32.

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

Solaris Oilfield Infrastructure Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 17th. Investors of record on Friday, June 7th were paid a $0.12 dividend. The ex-dividend date of this dividend was Friday, June 7th. This represents a $0.48 dividend on an annualized basis and a yield of 5.87%. Solaris Oilfield Infrastructure’s dividend payout ratio (DPR) is 70.59%.

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.