13,388 Shares in Select Water Solutions, Inc. (NYSE:WTTR) Acquired by Keeley Teton Advisors LLC

Keeley Teton Advisors LLC bought a new stake in shares of Select Water Solutions, Inc. (NYSE:WTTR) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 13,388 shares of the company’s stock, valued at approximately $177,000.

Several other institutional investors have also added to or reduced their stakes in WTTR. Geode Capital Management LLC increased its stake in shares of Select Water Solutions by 7.9% in the 3rd quarter. Geode Capital Management LLC now owns 2,127,370 shares of the company’s stock worth $23,683,000 after purchasing an additional 155,091 shares in the last quarter. Swiss National Bank increased its position in Select Water Solutions by 0.8% in the fourth quarter. Swiss National Bank now owns 181,900 shares of the company’s stock worth $2,408,000 after buying an additional 1,400 shares in the last quarter. Barclays PLC increased its position in Select Water Solutions by 319.3% in the third quarter. Barclays PLC now owns 140,648 shares of the company’s stock worth $1,565,000 after buying an additional 107,107 shares in the last quarter. Principal Financial Group Inc. bought a new position in shares of Select Water Solutions in the third quarter worth about $483,000. Finally, Oppenheimer & Co. Inc. purchased a new position in shares of Select Water Solutions during the 4th quarter valued at about $203,000. 81.73% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Separately, Citigroup raised their target price on shares of Select Water Solutions from $14.00 to $18.00 and gave the stock a “buy” rating in a research note on Friday, January 10th.

Select Water Solutions Trading Up 3.6 %

Shares of WTTR stock opened at $8.54 on Friday. The stock has a fifty day simple moving average of $10.40 and a two-hundred day simple moving average of $12.09. Select Water Solutions, Inc. has a 52-week low of $7.58 and a 52-week high of $15.14. The firm has a market capitalization of $1.02 billion, a PE ratio of 28.45 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.

Select Water Solutions (NYSE:WTTR) last released its earnings results on Tuesday, February 18th. The company reported ($0.01) earnings per share (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 analysts’ expectations of $333.62 million. On average, analysts predict that Select Water Solutions, Inc. will post 0.91 EPS for the current fiscal year.

Select Water Solutions Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 14th. Stockholders of record on Tuesday, February 4th were given a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a dividend yield of 3.28%. The ex-dividend date was Tuesday, February 4th. Select Water Solutions’s payout ratio is currently 93.33%.

Insider Transactions at Select Water Solutions

In other news, CEO John Schmitz sold 26,550 shares of the firm’s 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 $38,145,286.48. This trade represents a 0.91 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders own 8.40% of the company’s stock.

About Select Water Solutions

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.