Aris Water Solutions (NYSE:ARIS) Cut to “Moderate Buy” at US Capital Advisors

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

ARIS has been the topic of several other research reports. The Goldman Sachs Group upped their target price 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. Evercore ISI upped their price objective on Aris Water Solutions from $20.00 to $25.00 and gave the company an “outperform” rating in a research report on Wednesday, November 6th. JPMorgan Chase & Co. lowered Aris Water Solutions from an “overweight” rating to a “neutral” rating and lifted their target price for the stock from $19.00 to $22.00 in a report on Wednesday, November 6th. Finally, Stifel Nicolaus upped their price target on Aris Water Solutions from $20.00 to $26.00 and gave the company a “buy” rating in a report on Wednesday, November 6th. Two equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $18.50.

Aris Water Solutions Price Performance

ARIS opened at $27.23 on Tuesday. The firm has a market cap of $1.59 billion, a PE ratio of 34.04 and a beta of 1.62. The stock has a 50-day moving average price of $19.03 and a 200-day moving average price of $16.88. Aris Water Solutions has a 1 year low of $7.22 and a 1 year high of $27.64. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.72 and a quick ratio of 1.72.

Insider Buying and Selling at Aris Water Solutions

In related news, Director Debra Coy sold 1,500 shares of Aris Water Solutions stock in a transaction on 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 document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 22.46% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in ARIS. Tidal Investments LLC purchased a new stake in Aris Water Solutions in the 3rd quarter worth approximately $252,000. Barclays PLC boosted its position in shares of Aris Water Solutions by 277.0% in the third quarter. Barclays PLC now owns 35,102 shares of the company’s stock worth $592,000 after purchasing an additional 25,790 shares during the period. Geode Capital Management LLC increased its stake in shares of Aris Water Solutions by 3.0% in the third quarter. Geode Capital Management LLC now owns 619,349 shares of the company’s stock worth $10,450,000 after purchasing an additional 18,304 shares in the last quarter. State Street Corp raised its position in shares of Aris Water Solutions by 13.8% during the 3rd quarter. State Street Corp now owns 662,324 shares of the company’s stock valued at $11,173,000 after purchasing an additional 80,490 shares during the period. Finally, Stifel Financial Corp lifted its stake in shares of Aris Water Solutions by 61.9% during the 3rd quarter. Stifel Financial Corp now owns 21,887 shares of the company’s stock valued at $369,000 after buying an additional 8,372 shares in the last quarter. Institutional investors own 39.71% 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.