Aris Water Solutions (NYSE:ARIS) Lowered to Moderate Buy Rating by US Capital Advisors

Aris Water Solutions (NYSE:ARIS - Get Free Report) was downgraded by stock analysts at US Capital Advisors from a "strong-buy" rating to a "moderate buy" rating in a research note issued on Tuesday,Zacks.com reports.

Other equities research analysts also recently issued research reports about the company. JPMorgan Chase & Co. downgraded Aris Water Solutions from an "overweight" rating to a "neutral" rating and boosted their target price for the stock from $19.00 to $22.00 in a research report on Wednesday, November 6th. Evercore ISI boosted their price objective on Aris Water Solutions from $20.00 to $25.00 and gave the stock an "outperform" rating in a report on Wednesday, November 6th. Stifel Nicolaus raised their target price on shares of Aris Water Solutions from $20.00 to $26.00 and gave the company a "buy" rating in a research note on Wednesday, November 6th. Finally, The Goldman Sachs Group boosted their price target on shares of Aris Water Solutions from $18.50 to $21.00 and gave the stock a "buy" rating in a research note on Wednesday, November 6th. Two research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $18.50.

Aris Water Solutions Price Performance

Shares of ARIS stock traded down $0.37 during trading hours on Tuesday, reaching $26.86. 241,486 shares of the company were exchanged, compared to its average volume of 364,876. Aris Water Solutions has a fifty-two week low of $7.22 and a fifty-two week high of $27.90. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.72 and a quick ratio of 1.72. The stock's fifty day moving average is $19.24 and its two-hundred day moving average is $16.95. The company has a market cap of $1.56 billion, a price-to-earnings ratio of 33.58 and a beta of 1.62.

Insider Activity at Aris Water Solutions

In other Aris Water Solutions news, Director Debra Coy sold 1,500 shares of Aris Water Solutions stock in a transaction dated Monday, November 11th. The stock was sold at an average price of $25.39, for a total transaction of $38,085.00. Following the transaction, the director now directly owns 42,082 shares in the company, valued at approximately $1,068,461.98. The trade was a 3.44 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 22.46% of the company's stock.

Institutional Investors Weigh In On Aris Water Solutions

Large investors have recently modified their holdings of the business. Sequoia Financial Advisors LLC bought a new stake in shares of Aris Water Solutions during the second quarter worth $554,000. American Century Companies Inc. boosted its stake in Aris Water Solutions by 140.3% in the 2nd quarter. American Century Companies Inc. now owns 487,840 shares of the company's stock worth $7,644,000 after purchasing an additional 284,788 shares during the period. International Assets Investment Management LLC bought a new position in Aris Water Solutions during the 3rd quarter worth about $2,080,000. Exchange Traded Concepts LLC raised its stake in shares of Aris Water Solutions by 988.8% in the 3rd quarter. Exchange Traded Concepts LLC now owns 137,951 shares of the company's stock valued at $2,327,000 after purchasing an additional 125,281 shares during the period. Finally, AQR Capital Management LLC acquired a new stake in shares of Aris Water Solutions in the 2nd quarter valued at about $765,000. 39.71% of the stock is currently owned by institutional investors.

Aris Water Solutions Company Profile

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.