1 week Ago By ABMN Staff
Vanguard Group Inc. lessened its holdings in shares of Select Water Solutions, Inc. ( NYSE:WTTR – Free Report ) by 3.
7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 5,870,510 shares of the company’s stock after selling 228,387 shares during the period. Vanguard Group Inc.
’s holdings in Select Water Solutions were worth $77,726,000 at the end of the most recent quarter. Other institutional investors have also recently made changes to their positions in the company. Geode Capital Management LLC raised its stake in Select Water Solutions by 7.
9% in the third quarter. Geode Capital Management LLC now owns 2,127,370 shares of the company’s stock valued at $23,683,000 after buying an additional 155,091 shares during the last quarter. Barclays PLC increased its holdings in shares of Select Water Solutions by 319.
3% during the third quarter. Barclays PLC now owns 140,648 shares of the company’s stock valued at $1,565,000 after acquiring an additional 107,107 shares in the last quarter. Swiss National Bank raised its position in shares of Select Water Solutions by 0.
8% in the 4th quarter. Swiss National Bank now owns 181,900 shares of the company’s stock valued at $2,408,000 after purchasing an additional 1,400 shares during the last quarter. Principal Financial Group Inc.
purchased a new position in shares of Select Water Solutions in the 3rd quarter valued at approximately $483,000. Finally, Oppenheimer & Co. Inc.
acquired a new stake in Select Water Solutions in the 4th quarter worth approximately $203,000. Institutional investors and hedge funds own 81.73% of the company’s stock.
Analyst Upgrades and Downgrades Separately, Citigroup upped their price target on shares of Select Water Solutions from $14.00 to $18.00 and gave the company a “buy” rating in a research note on Friday, January 10th.
Insider Activity at Select Water Solutions In other Select Water Solutions news, CEO John Schmitz sold 26,550 shares of Select Water Solutions stock in a transaction dated Tuesday, February 11th. The stock was sold at an average price of $13.16, for a total transaction of $349,398.
00. Following the completion of the transaction, the chief executive officer now owns 2,898,578 shares in the company, valued at approximately $38,145,286.48.
This trade represents a 0.91 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link .
8.40% of the stock is currently owned by insiders. Select Water Solutions Stock Down 5.
8 % Shares of WTTR stock opened at $8.02 on Friday. Select Water Solutions, Inc.
has a fifty-two week low of $7.58 and a fifty-two week high of $15.14.
The firm has a market capitalization of $956.09 million, a PE ratio of 26.72 and a beta of 1.
51. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.
62 and a current ratio of 1.65. The stock’s 50-day simple moving average is $10.
88 and its 200-day simple moving average is $12.19. Select Water Solutions ( NYSE:WTTR – Get Free Report ) last issued its quarterly earnings results on Tuesday, February 18th.
The company reported ($0.01) earnings per share for the quarter, missing the consensus estimate of $0.13 by ($0.
14). Select Water Solutions had a return on equity of 3.48% and a net margin of 2.
11%. The business had revenue of $349.05 million during the quarter, compared to analyst estimates of $333.
62 million. Equities analysts expect that Select Water Solutions, Inc. will post 0.
91 earnings per share for the current year. Select Water Solutions Announces Dividend The firm also recently announced a quarterly dividend, which was paid on Friday, February 14th. Investors of record on Tuesday, February 4th were issued a dividend of $0.
07 per share. The ex-dividend date was Tuesday, February 4th. This represents a $0.
28 annualized dividend and a dividend yield of 3.49%. Select Water Solutions’s dividend payout ratio (DPR) is presently 93.
33%. Select Water Solutions Company Profile ( Free Report ) Select Water Solutions, Inc, together with its subsidiaries, provides water management and chemical solutions to the energy industry in the United States. The company operates through three segments: Water Services, Water Infrastructure, and Chemical Technologies.
The Water Services segment provides water-related services, including water sourcing, water transfer, flowback and well testing, water containment, fluids hauling, water monitoring, and water network automation; technology solutions comprising hydrographic mapping, water volume and quality monitoring, remote pit and tank monitoring, leak detection, asset and fuel tracking, and automated-equipment services, as well as various surface rental equipment and workforce accommodation services. Featured Stories Want to see what other hedge funds are holding WTTR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Select Water Solutions, Inc.
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