Pro-Tetra Technologies Inc Institutional Investors Sentiment Runs High in 2017 Q4

April 17, 2018 - By Vivian Currie

Sentiment for Tetra Technologies Inc (NYSE:TTI)

Tetra Technologies Inc (NYSE:TTI) institutional sentiment increased to 1.32 in 2017 Q4. Its up 0.68, from 0.64 in 2017Q3. The ratio increased, as 70 funds increased or opened new holdings, while 53 sold and trimmed stakes in Tetra Technologies Inc. The funds in our partner’s database now own: 96.68 million shares, down from 97.84 million shares in 2017Q3. Also, the number of funds holding Tetra Technologies Inc in their top 10 holdings was flat from 0 to 0 for the same number . Sold All: 17 Reduced: 36 Increased: 38 New Position: 32.

TETRA Technologies, Inc., together with its subsidiaries, operates as a diversified gas and oil services company. The company has market cap of $444.26 million. It operates through four divisions: Fluids, Production Testing, Compression, and Offshore. It currently has negative earnings. The Fluids division makes and markets clear brine fluids, additives, and associated services and products to the gas and oil industry for use in well drilling, completion, and workover activities in the United States, as well as in Latin America, Europe, Asia, the Middle East, and Africa.

The stock decreased 0.28% or $0.01 during the last trading session, reaching $3.52. About 21,386 shares traded. TETRA Technologies, Inc. (NYSE:TTI) has declined 1.86% since April 17, 2017 and is downtrending. It has underperformed by 13.41% the S&P500.

Analysts await TETRA Technologies, Inc. (NYSE:TTI) to report earnings on May, 9. They expect $-0.08 EPS, up 20.00 % or $0.02 from last year’s $-0.1 per share. After $-0.04 actual EPS reported by TETRA Technologies, Inc. for the previous quarter, Wall Street now forecasts 100.00 % negative EPS growth.

Adirondack Research & Management Inc. holds 0.93% of its portfolio in TETRA Technologies, Inc. for 556,350 shares. Wealthtrust Axiom Llc owns 374,900 shares or 0.59% of their US portfolio. Moreover, Fuller & Thaler Asset Management Inc. has 0.42% invested in the company for 8.08 million shares. The California-based Huber Capital Management Llc has invested 0.3% in the stock. Gardner Lewis Asset Management L P, a Pennsylvania-based fund reported 317,770 shares.#img1#

Since January 1, 0001, it had 1 insider buy, and 0 insider sales for $29,602 activity.

TETRA Technologies, Inc. (NYSE:TTI) Ratings Coverage

Ratings analysis reveals 57% of Tetra Technologies’s analysts are positive. Out of 7 Wall Street analysts rating Tetra Technologies, 4 give it “Buy”, 0 “Sell” rating, while 3 recommend “Hold”. The lowest target is $4 while the high is $6. The stock’s average target of $4.80 is 36.36% above today’s ($3.52) share price. TTI was included in 9 notes of analysts from November 10, 2017. RBC Capital Markets maintained TETRA Technologies, Inc. (NYSE:TTI) rating on Thursday, November 9. RBC Capital Markets has “Hold” rating and $4.0 target. RBC Capital Markets maintained the shares of TTI in report on Thursday, December 21 with “Hold” rating. The stock of TETRA Technologies, Inc. (NYSE:TTI) earned “Hold” rating by Scotia Capital on Thursday, January 11. The firm earned “Buy” rating on Friday, November 10 by Loop Capital. Credit Suisse maintained the shares of TTI in report on Thursday, March 1 with “Outperform” rating. Credit Suisse maintained TETRA Technologies, Inc. (NYSE:TTI) rating on Friday, November 10. Credit Suisse has “Outperform” rating and $4 target. The firm earned “Overweight” rating on Thursday, December 28 by Piper Jaffray. On Wednesday, November 15 the stock rating was maintained by Morgan Stanley with “Equal-Weight”.

TETRA Technologies, Inc. (NYSE:TTI) Institutional Positions Chart

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