Dupont Capital Management Corp Acquires Shares of 19,518 Select Energy Services Inc (WTTR)

Dupont Capital Management Corp acquired a new position in shares of Select Energy Services Inc (NASDAQ:WTTR) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 19,518 shares of the company’s stock, valued at approximately $311,000. Dupont Capital Management Corp owned approximately 0.06% of Select Energy Services at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of WTTR. Skylands Capital LLC purchased a new position in shares of Select Energy Services during the 2nd quarter worth approximately $531,000. Russell Investments Group Ltd. purchased a new position in shares of Select Energy Services during the 2nd quarter worth approximately $613,000. Spark Investment Management LLC purchased a new position in shares of Select Energy Services during the 2nd quarter worth approximately $1,545,000. Hodges Capital Management Inc. purchased a new position in shares of Select Energy Services during the 2nd quarter worth approximately $7,285,000. Finally, Schwab Charles Investment Management Inc. purchased a new position in shares of Select Energy Services during the 2nd quarter worth approximately $192,000.

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Shares of Select Energy Services Inc (NASDAQ WTTR) opened at $15.52 on Monday. Select Energy Services Inc has a 12 month low of $11.22 and a 12 month high of $17.25.

Select Energy Services (NASDAQ:WTTR) last announced its quarterly earnings data on Wednesday, November 8th. The company reported $0.04 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.03 by $0.01. Select Energy Services had a negative net margin of 7.80% and a negative return on equity of 11.02%. The company had revenue of $153.90 million during the quarter, compared to analysts’ expectations of $147.65 million. During the same period in the previous year, the company earned ($0.28) EPS. The business’s quarterly revenue was up 108.3% compared to the same quarter last year.

Several research firms have commented on WTTR. BidaskClub raised shares of Select Energy Services from a “hold” rating to a “buy” rating in a research note on Wednesday, September 27th. Citigroup Inc. cut shares of Select Energy Services from a “buy” rating to a “sell” rating and lowered their target price for the stock from $18.00 to $15.00 in a research note on Wednesday, September 27th. B. Riley reaffirmed a “buy” rating on shares of Select Energy Services in a research note on Wednesday, November 1st. Zacks Investment Research cut shares of Select Energy Services from a “hold” rating to a “sell” rating in a research note on Friday, September 15th. Finally, Piper Jaffray Companies reaffirmed a “buy” rating and issued a $20.00 target price on shares of Select Energy Services in a research note on Friday. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and six have issued a buy rating to the company’s stock. Select Energy Services has a consensus rating of “Hold” and an average target price of $18.71.

About Select Energy Services

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.

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

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