Select Energy Services, Inc. (NYSE:WTTR) Shares Purchased by Advisory Services Network LLC

Advisory Services Network LLC increased its holdings in shares of Select Energy Services, Inc. (NYSE:WTTRGet Rating) by 17.8% during the 1st quarter, Holdings Channel.com reports. The fund owned 205,274 shares of the company’s stock after buying an additional 31,090 shares during the period. Advisory Services Network LLC’s holdings in Select Energy Services were worth $1,759,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of WTTR. Dorsey Wright & Associates acquired a new stake in shares of Select Energy Services in the first quarter valued at approximately $39,000. Teacher Retirement System of Texas acquired a new stake in shares of Select Energy Services in the fourth quarter valued at approximately $78,000. Campbell & CO Investment Adviser LLC acquired a new stake in shares of Select Energy Services in the first quarter valued at approximately $102,000. Aigen Investment Management LP acquired a new stake in shares of Select Energy Services in the first quarter valued at approximately $111,000. Finally, SG Capital Management LLC acquired a new stake in shares of Select Energy Services in the first quarter valued at approximately $133,000. Institutional investors and hedge funds own 59.54% of the company’s stock.

Select Energy Services Price Performance

NYSE WTTR opened at $7.19 on Monday. Select Energy Services, Inc. has a 12 month low of $4.88 and a 12 month high of $10.43. The firm has a market capitalization of $822.05 million, a PE ratio of 44.94 and a beta of 2.23. The company’s 50 day simple moving average is $6.99 and its 200 day simple moving average is $7.77.

Select Energy Services (NYSE:WTTRGet Rating) last posted its quarterly earnings data on Tuesday, August 2nd. The company reported $0.13 EPS for the quarter, beating analysts’ consensus estimates of $0.04 by $0.09. Select Energy Services had a net margin of 1.54% and a negative return on equity of 1.03%. The business had revenue of $335.90 million for the quarter, compared to analyst estimates of $318.28 million. Sell-side analysts anticipate that Select Energy Services, Inc. will post 0.33 earnings per share for the current fiscal year.

About Select Energy Services

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Select Energy Services, Inc, an oilfield services company, provides water management and chemical solutions to the onshore oil and gas industry in the United States. The company operates through three segments: Water Services, Water Infrastructure, and Oilfield Chemicals. The Water Services segment provides water-related services, including water transfer, flow back 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 on-site rental equipment and workforce accommodation services.

Further Reading

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

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