10,000 Shares in TETRA Technologies, Inc. (NYSE:TTI) Bought by KLCM Advisors Inc.

KLCM Advisors Inc. bought a new position in shares of TETRA Technologies, Inc. (NYSE:TTI) during the 4th quarter, HoldingsChannel.com reports. The fund bought 10,000 shares of the oil and gas company’s stock, valued at approximately $36,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. The Manufacturers Life Insurance Company raised its holdings in TETRA Technologies by 8.4% during the second quarter. The Manufacturers Life Insurance Company now owns 49,085 shares of the oil and gas company’s stock worth $170,000 after buying an additional 3,792 shares during the last quarter. SG Americas Securities LLC acquired a new position in TETRA Technologies during the third quarter worth $210,000. Stanley Laman Group Ltd. raised its holdings in TETRA Technologies by 57.9% during the third quarter. Stanley Laman Group Ltd. now owns 1,401,932 shares of the oil and gas company’s stock worth $4,346,000 after buying an additional 514,054 shares during the last quarter. Pullen Investment Management LLC acquired a new position in TETRA Technologies during the third quarter worth $766,000. Finally, US Bancorp DE raised its holdings in TETRA Technologies by 2,038.0% during the third quarter. US Bancorp DE now owns 17,703 shares of the oil and gas company’s stock worth $55,000 after buying an additional 16,875 shares during the last quarter. 70.19% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

TTI has been the topic of several research reports. StockNews.com upgraded shares of TETRA Technologies from a “sell” rating to a “hold” rating in a report on Wednesday, October 30th. EF Hutton Acquisition Co. I raised shares of TETRA Technologies to a “strong-buy” rating in a research report on Monday, October 21st. Finally, D. Boral Capital reissued a “buy” rating and set a $5.50 price target on shares of TETRA Technologies in a research report on Wednesday, January 8th. One analyst has rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, TETRA Technologies presently has an average rating of “Buy” and a consensus price target of $6.50.

TETRA Technologies Price Performance

TTI opened at $4.44 on Monday. The company has a market capitalization of $584.58 million, a price-to-earnings ratio of 221.86 and a beta of 2.04. The company has a quick ratio of 1.51, a current ratio of 2.33 and a debt-to-equity ratio of 1.16. The firm has a 50-day moving average price of $4.07 and a 200-day moving average price of $3.59. TETRA Technologies, Inc. has a twelve month low of $2.68 and a twelve month high of $5.12.

About TETRA Technologies

TETRA Technologies, Inc, together with its subsidiaries, operates as an energy services and solutions company. It operates through two segments, Completion Fluids & Products Division and Water & Flowback Services. The Completion Fluids & Products segment manufactures and markets clear brine fluids, additives, and associated products and services to the oil and gas industry for use in well drilling, completion, and workover operations in the United States, as well as in Latin America, Europe, Asia, the Middle East, and Africa.