Laurion Capital Management LP bought a new stake in shares of Select Energy Services Inc (NASDAQ:WTTR) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 25,000 shares of the company’s stock, valued at approximately $304,000. Laurion Capital Management LP owned approximately 0.08% of Select Energy Services at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Alliancebernstein L.P. bought a new position in shares of Select Energy Services in the 2nd quarter valued at about $141,000. Schwab Charles Investment Management Inc. bought a new stake in Select Energy Services during the second quarter worth approximately $192,000. Nationwide Fund Advisors purchased a new stake in Select Energy Services during the second quarter valued at approximately $440,000. Skylands Capital LLC purchased a new stake in Select Energy Services during the second quarter valued at approximately $531,000. Finally, Russell Investments Group Ltd. purchased a new stake in Select Energy Services during the second quarter valued at approximately $613,000.

A number of brokerages have recently commented on WTTR. BidaskClub raised Select Energy Services from a “hold” rating to a “buy” rating in a research report on Wednesday, September 27th. Citigroup Inc. lowered Select Energy Services from a “buy” rating to a “sell” rating and decreased their price target for the company from $18.00 to $15.00 in a report on Wednesday, September 27th. Zacks Investment Research downgraded Select Energy Services from a “hold” rating to a “sell” rating in a research report on Friday, September 15th. J P Morgan Chase & Co lowered their price target on Select Energy Services from $16.00 to $13.00 and set a “neutral” rating for the company in a research report on Tuesday, September 12th. Finally, FBR & Co reaffirmed a “buy” rating on shares of Select Energy Services in a research note on Friday, September 8th. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating and six have issued a buy rating to the company. The stock has an average rating of “Hold” and an average target price of $18.86.

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Shares of Select Energy Services Inc (WTTR) opened at 15.92 on Monday. The company has a market capitalization of $482.55 million and a price-to-earnings ratio of 0.98. The company’s 50 day moving average price is $14.77 and its 200-day moving average price is $14.04. Select Energy Services Inc has a 52 week low of $11.22 and a 52 week high of $17.25.

Select Energy Services Company Profile

Select Energy Services, Inc is a holding company. The Company is provider of total water solutions to the United States unconventional oil and gas industry. The Company is engaged in sourcing and transfer of water prior to its use in drilling and completion activities associated with hydraulic fracturing or fracking, which collectively referrd to as pre-frac water services.

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Institutional Ownership by Quarter for Select Energy Services (NASDAQ:WTTR)

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