2 weeks Ago By ABMN Staff
Marathon Capital Management decreased its holdings in shares of TETRA Technologies, Inc. ( NYSE:TTI – Free Report ) by 6.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission.
The firm owned 1,228,370 shares of the oil and gas company’s stock after selling 91,475 shares during the period. TETRA Technologies comprises 1.1% of Marathon Capital Management’s portfolio, making the stock its 22nd biggest holding.
Marathon Capital Management owned about 0.94% of TETRA Technologies worth $4,250,000 as of its most recent SEC filing. A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in TTI.
Vanguard Group Inc. boosted its holdings in shares of TETRA Technologies by 1.2% in the 1st quarter.
Vanguard Group Inc. now owns 7,609,375 shares of the oil and gas company’s stock worth $33,710,000 after acquiring an additional 89,099 shares in the last quarter. Gendell Jeffrey L boosted its holdings in shares of TETRA Technologies by 5.
5% in the 1st quarter. Gendell Jeffrey L now owns 4,811,224 shares of the oil and gas company’s stock worth $21,314,000 after acquiring an additional 252,632 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of TETRA Technologies by 3.
2% in the 2nd quarter. Dimensional Fund Advisors LP now owns 3,129,181 shares of the oil and gas company’s stock worth $10,827,000 after acquiring an additional 96,898 shares in the last quarter. Huber Capital Management LLC boosted its holdings in shares of TETRA Technologies by 5.
1% in the 2nd quarter. Huber Capital Management LLC now owns 1,945,586 shares of the oil and gas company’s stock worth $6,732,000 after acquiring an additional 95,096 shares in the last quarter. Finally, Masters Capital Management LLC boosted its holdings in shares of TETRA Technologies by 70.
0% in the 2nd quarter. Masters Capital Management LLC now owns 1,700,000 shares of the oil and gas company’s stock worth $5,882,000 after acquiring an additional 700,000 shares in the last quarter. Institutional investors own 70.
19% of the company’s stock. Wall Street Analysts Forecast Growth Separately, StockNews.com raised TETRA Technologies from a “sell” rating to a “hold” rating in a report on Friday, August 9th.
TETRA Technologies Stock Down 3.4 % NYSE:TTI opened at $2.85 on Friday.
The stock’s fifty day moving average price is $3.19 and its two-hundred day moving average price is $3.69.
TETRA Technologies, Inc. has a 52-week low of $2.68 and a 52-week high of $6.
77. The company has a debt-to-equity ratio of 1.17, a quick ratio of 1.
72 and a current ratio of 2.41. The company has a market cap of $374.
63 million, a price-to-earnings ratio of 17.81 and a beta of 2.05.
TETRA Technologies ( NYSE:TTI – Get Free Report ) last issued its earnings results on Wednesday, July 31st. The oil and gas company reported $0.07 EPS for the quarter, missing the consensus estimate of $0.
10 by ($0.03). The business had revenue of $171.
94 million for the quarter, compared to the consensus estimate of $180.66 million. TETRA Technologies had a net margin of 1.
61% and a return on equity of 18.84%. On average, analysts anticipate that TETRA Technologies, Inc.
will post 0.19 EPS for the current year. About TETRA Technologies ( Free Report ) TETRA Technologies, Inc, together with its subsidiaries, operates as an energy services and solutions company.
It operates through two segments, Completion Fluids & Products Division and Water & Flowback Services. The Completion Fluids & Products segment manufactures and markets clear brine fluids, additives, and associated products and services to the oil and gas industry for use in well drilling, completion, and workover operations in the United States, as well as in Latin America, Europe, Asia, the Middle East, and Africa. Recommended Stories Want to see what other hedge funds are holding TTI? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for TETRA Technologies, Inc. ( NYSE:TTI – Free Report ). Receive News & Ratings for TETRA Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TETRA Technologies and related companies with MarketBeat.
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