11,700 Shares in Aris Water Solutions, Inc. (NYSE:ARIS) Acquired by Bailard Inc.

Bailard Inc. purchased a new position in shares of Aris Water Solutions, Inc. (NYSE:ARIS - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 11,700 shares of the company's stock, valued at approximately $280,000.

Other institutional investors have also modified their holdings of the company. Meeder Asset Management Inc. bought a new position in Aris Water Solutions in the 3rd quarter valued at about $39,000. New York State Teachers Retirement System grew its position in Aris Water Solutions by 2,346.0% in the 3rd quarter. New York State Teachers Retirement System now owns 2,446 shares of the company's stock valued at $41,000 after buying an additional 2,346 shares in the last quarter. Tidal Investments LLC bought a new position in Aris Water Solutions in the 3rd quarter valued at about $252,000. SG Americas Securities LLC grew its position in Aris Water Solutions by 48.1% in the 4th quarter. SG Americas Securities LLC now owns 10,941 shares of the company's stock valued at $262,000 after buying an additional 3,554 shares in the last quarter. Finally, Franklin Resources Inc. bought a new position in Aris Water Solutions in the 3rd quarter valued at about $266,000. Institutional investors own 39.71% of the company's stock.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the stock. US Capital Advisors lowered shares of Aris Water Solutions from a "strong-buy" rating to a "moderate buy" rating in a research report on Tuesday, November 26th. Wells Fargo & Company upped their price target on shares of Aris Water Solutions from $26.00 to $29.00 and gave the company an "equal weight" rating in a report on Friday, February 28th. Citigroup reissued a "neutral" rating and issued a $26.00 price target (up from $18.00) on shares of Aris Water Solutions in a report on Wednesday, January 8th. The Goldman Sachs Group upped their price target on shares of Aris Water Solutions from $21.00 to $30.00 and gave the company a "buy" rating in a report on Thursday, December 19th. Finally, Evercore ISI downgraded shares of Aris Water Solutions from an "outperform" rating to an "in-line" rating and upped their price target for the company from $25.00 to $27.00 in a report on Wednesday, January 15th. Four equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company's stock. Based on data from MarketBeat, Aris Water Solutions has a consensus rating of "Hold" and a consensus target price of $27.00.

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Insider Buying and Selling at Aris Water Solutions

In other news, major shareholder Delaware Energy Llc sold 3,223,670 shares of the company's stock in a transaction dated Friday, December 13th. The stock was sold at an average price of $25.81, for a total value of $83,202,922.70. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, major shareholder S Corp Gable sold 57,731 shares of the company's stock in a transaction dated Monday, December 16th. The shares were sold at an average price of $25.55, for a total value of $1,475,027.05. Following the completion of the transaction, the insider now owns 3,165,939 shares in the company, valued at $80,889,741.45. This represents a 1.79 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 4,159,678 shares of company stock valued at $106,807,774. 23.06% of the stock is currently owned by corporate insiders.

Aris Water Solutions Trading Up 0.7 %

ARIS stock traded up $0.20 during mid-day trading on Friday, reaching $26.76. 619,612 shares of the stock traded hands, compared to its average volume of 481,974. The company has a current ratio of 1.72, a quick ratio of 1.72 and a debt-to-equity ratio of 0.62. Aris Water Solutions, Inc. has a 52-week low of $11.89 and a 52-week high of $32.56. The company has a market cap of $1.56 billion, a P/E ratio of 33.44 and a beta of 1.88. The stock's fifty day moving average is $27.17 and its 200-day moving average is $22.60.

Aris Water Solutions Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 13th will be paid a dividend of $0.14 per share. The ex-dividend date of this dividend is Thursday, March 13th. This is a positive change from Aris Water Solutions's previous quarterly dividend of $0.11. This represents a $0.56 dividend on an annualized basis and a yield of 2.09%. Aris Water Solutions's dividend payout ratio is currently 70.00%.

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.