O Shaughnessy Asset Management LLC Has $3.72 Million Stake in Select Water Solutions, Inc. (NYSE:WTTR)

O Shaughnessy Asset Management LLC increased its position in Select Water Solutions, Inc. (NYSE:WTTR - Free Report) by 22.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 280,946 shares of the company's stock after acquiring an additional 51,490 shares during the period. O Shaughnessy Asset Management LLC owned approximately 0.24% of Select Water Solutions worth $3,720,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of WTTR. Intech Investment Management LLC bought a new position in Select Water Solutions in the 3rd quarter worth about $259,000. The Manufacturers Life Insurance Company boosted its position in shares of Select Water Solutions by 42.3% during the third quarter. The Manufacturers Life Insurance Company now owns 49,676 shares of the company's stock worth $553,000 after buying an additional 14,777 shares during the period. FMR LLC grew its holdings in Select Water Solutions by 51.9% in the 3rd quarter. FMR LLC now owns 3,728,787 shares of the company's stock worth $41,501,000 after buying an additional 1,274,600 shares in the last quarter. CreativeOne Wealth LLC acquired a new stake in Select Water Solutions in the 3rd quarter valued at approximately $133,000. Finally, Hotchkis & Wiley Capital Management LLC increased its position in Select Water Solutions by 46.7% in the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 558,530 shares of the company's stock valued at $6,216,000 after acquiring an additional 177,900 shares during the period. Institutional investors and hedge funds own 81.73% of the company's stock.

Insider Activity at Select Water Solutions

In related news, CEO John Schmitz sold 73,450 shares of the firm's stock in a transaction that occurred on Friday, February 14th. The shares were sold at an average price of $13.03, for a total transaction of $957,053.50. Following the completion of the sale, the chief executive officer now directly owns 2,825,128 shares in the company, valued at approximately $36,811,417.84. This trade represents a 2.53 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Company insiders own 8.40% of the company's stock.

Analyst Ratings Changes

Separately, Citigroup boosted their price target on Select Water Solutions from $14.00 to $18.00 and gave the stock a "buy" rating in a research report on Friday, January 10th.

Select Water Solutions Price Performance

Shares of WTTR stock traded down $0.39 during midday trading on Monday, reaching $8.35. 2,223,944 shares of the company were exchanged, compared to its average volume of 1,070,130. The company's 50 day moving average price is $11.36 and its two-hundred day moving average price is $12.32. The company has a market cap of $995.46 million, a P/E ratio of 27.82 and a beta of 1.51. Select Water Solutions, Inc. has a 12 month low of $8.14 and a 12 month high of $15.14. 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 - Get Free Report) last announced its earnings results on Tuesday, February 18th. The company reported ($0.01) EPS for the quarter, missing the consensus estimate of $0.13 by ($0.14). The firm had revenue of $349.05 million for the quarter, compared to the consensus estimate of $333.62 million. Select Water Solutions had a return on equity of 3.48% and a net margin of 2.11%. On average, sell-side analysts expect that Select Water Solutions, Inc. will post 0.91 earnings per share for the current year.

Select Water Solutions Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 14th. Stockholders of record on Tuesday, February 4th were issued a $0.07 dividend. The ex-dividend date was Tuesday, February 4th. This represents a $0.28 annualized dividend and a dividend yield of 3.36%. Select Water Solutions's dividend payout ratio (DPR) is 93.33%.

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.