48,828 Shares in Aris Water Solutions, Inc. (NYSE:ARIS) Acquired by AQR Capital Management LLC

AQR Capital Management LLC acquired a new stake in Aris Water Solutions, Inc. (NYSE:ARIS) during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 48,828 shares of the company’s stock, valued at approximately $765,000. AQR Capital Management LLC owned about 0.08% of Aris Water Solutions at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Point72 Asia Singapore Pte. Ltd. purchased a new stake in Aris Water Solutions during the second quarter worth approximately $27,000. 1620 Investment Advisors Inc. purchased a new stake in shares of Aris Water Solutions during the 2nd quarter worth approximately $46,000. Saxon Interests Inc. acquired a new position in shares of Aris Water Solutions in the 1st quarter valued at $142,000. Quadrature Capital Ltd purchased a new position in shares of Aris Water Solutions in the 1st quarter valued at $166,000. Finally, Inscription Capital LLC acquired a new stake in Aris Water Solutions during the 1st quarter worth $212,000. 39.71% of the stock is owned by hedge funds and other institutional investors.

Aris Water Solutions Stock Performance

NYSE ARIS opened at $17.40 on Monday. The company has a fifty day moving average of $16.36 and a two-hundred day moving average of $15.65. The company has a market capitalization of $1.01 billion, a PE ratio of 23.20 and a beta of 1.62. Aris Water Solutions, Inc. has a 1 year low of $7.22 and a 1 year high of $18.99. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.30 and a quick ratio of 1.30.

Aris Water Solutions (NYSE:ARIS) last announced its earnings results on Tuesday, August 6th. The company reported $0.18 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.18. The firm had revenue of $101.12 million during the quarter, compared to analysts’ expectations of $97.86 million. Aris Water Solutions had a return on equity of 3.51% and a net margin of 5.97%. As a group, analysts expect that Aris Water Solutions, Inc. will post 0.88 earnings per share for the current year.

Aris Water Solutions Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 19th. Stockholders of record on Thursday, September 5th were given a dividend of $0.105 per share. The ex-dividend date of this dividend was Thursday, September 5th. This represents a $0.42 dividend on an annualized basis and a dividend yield of 2.41%. Aris Water Solutions’s dividend payout ratio (DPR) is presently 56.00%.

Insider Activity

In other news, COO Brunt David Dylan Van sold 14,813 shares of the company’s stock in a transaction dated Monday, August 12th. The shares were sold at an average price of $14.84, for a total value of $219,824.92. Following the completion of the sale, the chief operating officer now directly owns 94,690 shares of the company’s stock, valued at approximately $1,405,199.60. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 23.06% of the company’s stock.

About Aris Water Solutions

Aris Water Solutions, Inc, an environmental infrastructure and solutions company, provides water handling and recycling solutions. The company's produced water handling business gathers, transports, unless recycled, and handles produced water generated from oil and natural gas production. Its water solutions business develops and operates recycling facilities to treat, store, and recycle produced water.