First Dallas Securities Inc. acquired a new stake in Select Energy Services Inc (NYSE:WTTR) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 7,450 shares of the company’s stock, valued at approximately $136,000.

Other large investors have also recently made changes to their positions in the company. New York State Common Retirement Fund purchased a new stake in shares of Select Energy Services in the 2nd quarter valued at approximately $102,000. Strs Ohio increased its position in shares of Select Energy Services by 185.2% in the 4th quarter. Strs Ohio now owns 7,700 shares of the company’s stock valued at $140,000 after purchasing an additional 5,000 shares during the last quarter. Alliancebernstein L.P. purchased a new stake in shares of Select Energy Services in the 2nd quarter valued at approximately $141,000. Schwab Charles Investment Management Inc. purchased a new stake in shares of Select Energy Services in the 2nd quarter valued at approximately $192,000. Finally, California State Teachers Retirement System increased its position in shares of Select Energy Services by 117.4% in the 3rd quarter. California State Teachers Retirement System now owns 15,000 shares of the company’s stock valued at $239,000 after purchasing an additional 8,100 shares during the last quarter. 37.47% of the stock is currently owned by institutional investors.

Select Energy Services Inc (WTTR) opened at $15.95 on Monday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.83 and a current ratio of 2.84. Select Energy Services Inc has a 52-week low of $11.22 and a 52-week high of $21.96.

WTTR has been the topic of a number of recent analyst reports. Zacks Investment Research raised shares of Select Energy Services from a “sell” rating to a “hold” rating and set a $17.00 target price on the stock in a research report on Wednesday, November 15th. B. Riley reaffirmed a “buy” rating and issued a $21.00 target price on shares of Select Energy Services in a research report on Monday, November 13th. Wells Fargo & Co reaffirmed an “outperform” rating and issued a $20.00 target price on shares of Select Energy Services in a research report on Tuesday, November 28th. Piper Jaffray Companies reaffirmed a “buy” rating and issued a $20.00 target price on shares of Select Energy Services in a research report on Friday, November 10th. Finally, Bank of America reaffirmed a “buy” rating and issued a $20.00 target price on shares of Select Energy Services in a research report on Friday, December 8th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and six have given a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $19.11.

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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 (NYSE:WTTR)

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