2 weeks Ago By ABMN Staff
Invesco Ltd. raised its holdings in shares of Select Water Solutions, Inc. ( NYSE:WTTR – Free Report ) by 9.
8% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 920,089 shares of the company’s stock after acquiring an additional 82,053 shares during the quarter. Invesco Ltd.
’s holdings in Select Water Solutions were worth $12,182,000 at the end of the most recent reporting period. Several other hedge funds also recently made changes to their positions in the business. Van ECK Associates Corp grew its position in Select Water Solutions by 27.
4% in the fourth quarter. Van ECK Associates Corp now owns 1,998,193 shares of the company’s stock valued at $26,456,000 after purchasing an additional 430,363 shares in the last quarter. Segall Bryant & Hamill LLC bought a new position in shares of Select Water Solutions in the 4th quarter valued at about $5,346,000.
Arrowstreet Capital Limited Partnership increased its position in shares of Select Water Solutions by 254.0% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 524,354 shares of the company’s stock valued at $6,942,000 after acquiring an additional 376,218 shares during the last quarter.
Great Lakes Advisors LLC bought a new stake in Select Water Solutions during the fourth quarter worth about $4,913,000. Finally, American Century Companies Inc. boosted its position in Select Water Solutions by 12.
6% during the fourth quarter. American Century Companies Inc. now owns 3,174,675 shares of the company’s stock valued at $42,033,000 after purchasing an additional 355,271 shares during the last quarter.
81.73% of the stock is owned by institutional investors. Insider Activity at Select Water Solutions In other Select Water Solutions news, CEO John Schmitz sold 26,550 shares of the stock in a transaction on Tuesday, February 11th.
The stock was sold at an average price of $13.16, for a total transaction of $349,398.00.
Following the transaction, the chief executive officer now owns 2,898,578 shares in the company, valued at $38,145,286.48. This trade represents a 0.
91 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink . 8.
40% of the stock is owned by company insiders. Wall Street Analyst Weigh In View Our Latest Stock Analysis on Select Water Solutions Select Water Solutions Trading Down 3.4 % Shares of NYSE:WTTR opened at $8.
27 on Tuesday. Select Water Solutions, Inc. has a 52-week low of $7.
58 and a 52-week high of $15.14. 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 company has a market capitalization of $986.51 million, a P/E ratio of 27.57 and a beta of 1.
51. The company has a 50-day simple moving average of $10.23 and a 200 day simple moving average of $12.
06. Select Water Solutions ( NYSE:WTTR – Get Free Report ) last issued its earnings results on Tuesday, February 18th. The company reported ($0.
01) EPS 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 for the quarter, compared to the consensus estimate of $333.62 million.
Sell-side analysts forecast that Select Water Solutions, Inc. will post 0.91 earnings per share for the current year.
Select Water Solutions Dividend Announcement The business 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.
This represents a $0.28 annualized dividend and a dividend yield of 3.39%.
The ex-dividend date was Tuesday, February 4th. Select Water Solutions’s payout ratio is 93.33%.
About Select Water Solutions ( 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.
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