Situational Awareness LP Has $90.89 Million Position in Solaris Energy Infrastructure, Inc. $SEI

Situational Awareness LP boosted its holdings in shares of Solaris Energy Infrastructure, Inc. (NYSE:SEI) by 2.2% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,129,621 shares of the company’s stock after acquiring an additional 24,070 shares during the quarter. Solaris Energy Infrastructure makes up approximately 0.5% of Situational Awareness LP’s portfolio, making the stock its 14th largest holding. Situational Awareness LP’s holdings in Solaris Energy Infrastructure were worth $90,889,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Creative Financial Designs Inc. ADV increased its stake in shares of Solaris Energy Infrastructure by 5.5% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 3,920 shares of the company’s stock worth $180,000 after purchasing an additional 205 shares during the last quarter. Concurrent Investment Advisors LLC raised its holdings in shares of Solaris Energy Infrastructure by 4.4% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 7,114 shares of the company’s stock valued at $572,000 after purchasing an additional 300 shares in the last quarter. Legal & General Group Plc lifted its stake in shares of Solaris Energy Infrastructure by 1.1% in the 3rd quarter. Legal & General Group Plc now owns 36,698 shares of the company’s stock valued at $1,467,000 after purchasing an additional 391 shares during the last quarter. Cerity Partners LLC lifted its stake in shares of Solaris Energy Infrastructure by 3.3% in the 2nd quarter. Cerity Partners LLC now owns 12,551 shares of the company’s stock valued at $355,000 after purchasing an additional 397 shares during the last quarter. Finally, California State Teachers Retirement System boosted its holdings in Solaris Energy Infrastructure by 1.4% in the second quarter. California State Teachers Retirement System now owns 32,282 shares of the company’s stock worth $913,000 after purchasing an additional 454 shares in the last quarter. 67.44% of the stock is currently owned by institutional investors and hedge funds.

Solaris Energy Infrastructure Price Performance

NYSE SEI opened at $53.17 on Friday. The company has a current ratio of 4.12, a quick ratio of 4.03 and a debt-to-equity ratio of 2.23. The company has a fifty day simple moving average of $60.04 and a 200 day simple moving average of $63.49. The company has a market cap of $4.07 billion, a P/E ratio of 62.55 and a beta of 1.25. Solaris Energy Infrastructure, Inc. has a 1 year low of $24.57 and a 1 year high of $86.19.

Solaris Energy Infrastructure (NYSE:SEI) last announced its earnings results on Wednesday, August 5th. The company reported $0.39 EPS for the quarter, topping the consensus estimate of $0.31 by $0.08. The firm had revenue of $219.40 million for the quarter. Solaris Energy Infrastructure had a net margin of 7.19% and a return on equity of 13.26%. On average, sell-side analysts predict that Solaris Energy Infrastructure, Inc. will post 0.84 EPS for the current year.

Analyst Upgrades and Downgrades

SEI has been the topic of several analyst reports. Stifel Nicolaus set a $98.00 target price on shares of Solaris Energy Infrastructure in a research report on Friday, August 7th. Zacks Research cut Solaris Energy Infrastructure from a “hold” rating to a “strong sell” rating in a research report on Tuesday, June 30th. Barclays upped their price target on Solaris Energy Infrastructure from $86.00 to $90.00 and gave the stock an “overweight” rating in a research note on Monday, August 10th. Weiss Ratings lowered Solaris Energy Infrastructure from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, August 11th. Finally, Wall Street Zen downgraded Solaris Energy Infrastructure from a “sell” rating to a “strong sell” rating in a research note on Saturday, August 8th. Ten research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $87.17.

About Solaris Energy Infrastructure

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.