Select Water Solutions, Inc. (NYSE:WTTR) Shares Sold by Victory Capital Management Inc.

Victory Capital Management Inc. decreased its position in shares of Select Water Solutions, Inc. (NYSE:WTTRFree Report) by 2.2% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 225,504 shares of the company’s stock after selling 5,073 shares during the quarter. Victory Capital Management Inc.’s holdings in Select Water Solutions were worth $1,793,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in WTTR. Boston Partners increased its position in Select Water Solutions by 7,238.0% in the 2nd quarter. Boston Partners now owns 2,439,081 shares of the company’s stock valued at $19,860,000 after acquiring an additional 2,405,842 shares during the period. Millennium Management LLC increased its holdings in shares of Select Water Solutions by 159.2% in the fourth quarter. Millennium Management LLC now owns 1,476,958 shares of the company’s stock valued at $13,647,000 after purchasing an additional 907,208 shares during the period. Cannell Capital LLC increased its holdings in shares of Select Water Solutions by 42.8% in the first quarter. Cannell Capital LLC now owns 2,948,758 shares of the company’s stock valued at $25,271,000 after purchasing an additional 884,022 shares during the period. Dimensional Fund Advisors LP raised its stake in shares of Select Water Solutions by 18.2% during the second quarter. Dimensional Fund Advisors LP now owns 5,123,820 shares of the company’s stock worth $41,502,000 after purchasing an additional 790,547 shares during the last quarter. Finally, Punch & Associates Investment Management Inc. lifted its holdings in shares of Select Water Solutions by 51.1% during the first quarter. Punch & Associates Investment Management Inc. now owns 2,224,417 shares of the company’s stock worth $15,482,000 after purchasing an additional 752,128 shares during the period. Hedge funds and other institutional investors own 60.93% of the company’s stock.

Select Water Solutions Stock Performance

Shares of WTTR opened at $7.54 on Friday. The stock has a market capitalization of $905.86 million, a P/E ratio of 14.23 and a beta of 1.67. Select Water Solutions, Inc. has a 1 year low of $5.51 and a 1 year high of $9.06. The company’s fifty day moving average is $7.43 and its two-hundred day moving average is $7.69.

Select Water Solutions Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 20th. Shareholders of record on Wednesday, February 7th will be issued a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a yield of 3.18%. The ex-dividend date is Tuesday, February 6th. Select Water Solutions’s dividend payout ratio is presently 45.28%.

About Select Water Solutions

(Free Report)

Select Water Solutions, 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.

See Also

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Institutional Ownership by Quarter for Select Water Solutions (NYSE:WTTR)

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