13 hours Ago By ABMN Staff
Raymond James Financial Inc. acquired a new position in Select Water Solutions, Inc. ( NYSE:WTTR – Free Report ) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission.
The firm acquired 192,006 shares of the company’s stock, valued at approximately $2,542,000. Several other institutional investors and hedge funds have also recently added to or reduced their stakes in WTTR. American Century Companies Inc.
boosted its holdings in Select Water Solutions by 12.6% in the fourth quarter. American Century Companies Inc.
now owns 3,174,675 shares of the company’s stock worth $42,033,000 after acquiring an additional 355,271 shares in the last quarter. Boston Partners boosted its stake in Select Water Solutions by 4.3% in the 4th quarter.
Boston Partners now owns 2,000,352 shares of the company’s stock worth $26,647,000 after purchasing an additional 81,746 shares in the last quarter. Van ECK Associates Corp grew its position in Select Water Solutions by 27.4% during the 4th quarter.
Van ECK Associates Corp now owns 1,998,193 shares of the company’s stock worth $26,456,000 after purchasing an additional 430,363 shares during the last quarter. Royce & Associates LP increased its stake in Select Water Solutions by 3.9% during the 4th quarter.
Royce & Associates LP now owns 1,748,011 shares of the company’s stock valued at $23,144,000 after purchasing an additional 65,598 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its holdings in shares of Select Water Solutions by 32.
4% in the third quarter. JPMorgan Chase & Co. now owns 1,345,964 shares of the company’s stock worth $14,981,000 after buying an additional 329,353 shares during the last quarter.
81.73% of the stock is currently owned by hedge funds and other institutional investors. Select Water Solutions Price Performance Shares of NYSE:WTTR opened at $8.
82 on Wednesday. The company has a current ratio of 1.65, a quick ratio of 1.
62 and a debt-to-equity ratio of 0.09. Select Water Solutions, Inc.
has a twelve month low of $7.58 and a twelve month high of $15.14.
The company’s 50 day moving average is $9.74 and its 200 day moving average is $11.95.
The company has a market cap of $1.05 billion, a PE ratio of 29.40 and a beta of 1.
51. Select Water Solutions Announces Dividend The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 16th. Stockholders of record on Tuesday, May 6th will be issued a $0.
07 dividend. The ex-dividend date of this dividend is Tuesday, May 6th. This represents a $0.
28 annualized dividend and a dividend yield of 3.17%. Select Water Solutions’s dividend payout ratio (DPR) is presently 93.
33%. Insider Transactions at Select Water Solutions In other Select Water Solutions news, CEO John Schmitz sold 26,550 shares of the company’s stock in a transaction that occurred on Tuesday, February 11th. The stock was sold at an average price of $13.
16, for a total value of $349,398.00. Following the sale, the chief executive officer now owns 2,898,578 shares in the company, valued at approximately $38,145,286.
48. This represents a 0.91 % decrease in their position.
The transaction was disclosed in a document filed with the SEC, which is accessible through this link . Company insiders own 8.40% of the company’s stock.
Analyst Ratings Changes Separately, Citigroup upped their target price on Select Water Solutions from $14.00 to $18.00 and gave the company a “buy” rating in a research report on Friday, January 10th.
Check Out Our Latest Research Report on Select Water Solutions 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.
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