Russell Investments Group Ltd. purchased a new stake in shares of Select Energy Services Inc (NASDAQ:WTTR) during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 50,425 shares of the company’s stock, valued at approximately $613,000. Russell Investments Group Ltd. owned approximately 0.17% of Select Energy Services at the end of the most recent reporting period.

Separately, Skylands Capital LLC bought a new position in shares of Select Energy Services during the second quarter valued at about $531,000.

Select Energy Services Inc (WTTR) traded up 1.83% during mid-day trading on Monday, reaching $15.62. 86,576 shares of the company were exchanged. The company has a market capitalization of $473.46 million and a PE ratio of 0.96. Select Energy Services Inc has a one year low of $11.22 and a one year high of $16.60. The stock has a 50-day moving average price of $14.77 and a 200 day moving average price of $13.98.

A number of research analysts recently weighed in on WTTR shares. Zacks Investment Research lowered shares of Select Energy Services from a “hold” rating to a “sell” rating in a research report on Friday, July 28th. J P Morgan Chase & Co dropped their price target on shares of Select Energy Services from $16.00 to $13.00 and set a “neutral” rating on the stock in a research report on Tuesday, September 12th. FBR & Co reissued a “buy” rating on shares of Select Energy Services in a research report on Friday, September 8th. Finally, Citigroup Inc. set a $18.00 price target on shares of Select Energy Services and gave the company a “buy” rating in a research report on Friday, July 21st. One analyst has rated the stock with a sell rating, one has given a hold rating and six have issued a buy rating to the company’s stock. Select Energy Services has an average rating of “Buy” and a consensus price target of $19.29.

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Select Energy Services 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.

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

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