Susquehanna Fundamental Investments LLC Acquires New Holdings in Aris Water Solutions, Inc. (NYSE:ARIS)

Susquehanna Fundamental Investments LLC purchased a new position in shares of Aris Water Solutions, Inc. (NYSE:ARIS - Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 56,249 shares of the company's stock, valued at approximately $881,000. Susquehanna Fundamental Investments LLC owned about 0.10% of Aris Water Solutions at the end of the most recent reporting period.

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

Aris Water Solutions Stock Up 0.6 %

ARIS stock traded up $0.10 during trading on Thursday, reaching $17.22. The stock had a trading volume of 157,870 shares, compared to its average volume of 344,380. The company has a current ratio of 1.30, a quick ratio of 1.30 and a debt-to-equity ratio of 0.62. The firm has a fifty day moving average price of $16.27 and a 200 day moving average price of $15.47. The company has a market capitalization of $1.00 billion, a P/E ratio of 23.92 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.

Aris Water Solutions (NYSE:ARIS - Get Free Report) last issued its quarterly earnings results on Tuesday, August 6th. The company reported $0.18 EPS for the quarter, meeting analysts' consensus estimates of $0.18. Aris Water Solutions had a return on equity of 3.51% and a net margin of 5.97%. The firm had revenue of $101.12 million during the quarter, compared to the consensus estimate of $97.86 million. On average, equities analysts anticipate that Aris Water Solutions, Inc. will post 0.88 earnings per share for the current year.

Aris Water Solutions Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, September 19th. Investors of record on Thursday, September 5th were paid a $0.105 dividend. 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 2.44%. Aris Water Solutions's dividend payout ratio (DPR) is presently 58.33%.

Insider Activity at Aris Water Solutions

In other news, COO Brunt David Dylan Van sold 14,813 shares of the business'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 owns 94,690 shares of the company's stock, valued at approximately $1,405,199.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 23.06% of the stock is currently owned by corporate insiders.

Aris Water Solutions 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.