Stoneridge Investment Partners LLC Has $128,000 Stock Holdings in TETRA Technologies, Inc. (NYSE:TTI)

Stoneridge Investment Partners LLC lifted its holdings in shares of TETRA Technologies, Inc. (NYSE:TTI) by 23.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 35,674 shares of the oil and gas company’s stock after purchasing an additional 6,684 shares during the quarter. Stoneridge Investment Partners LLC’s holdings in TETRA Technologies were worth $128,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Jacobs Levy Equity Management Inc. bought a new position in TETRA Technologies during the third quarter valued at about $2,546,000. Stanley Laman Group Ltd. grew 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 valued at $4,346,000 after purchasing an additional 514,054 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in shares of TETRA Technologies by 233.2% in the third quarter. JPMorgan Chase & Co. now owns 510,705 shares of the oil and gas company’s stock worth $1,583,000 after buying an additional 357,455 shares during the last quarter. Pullen Investment Management LLC bought a new stake in shares of TETRA Technologies during the 3rd quarter worth $766,000. Finally, Stifel Financial Corp grew its stake in TETRA Technologies by 703.0% in the 3rd quarter. Stifel Financial Corp now owns 216,439 shares of the oil and gas company’s stock valued at $671,000 after buying an additional 189,484 shares during the last quarter. Institutional investors own 70.19% of the company’s stock.

Analyst Ratings Changes

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

TETRA Technologies Stock Performance

Shares of NYSE TTI opened at $4.26 on Friday. TETRA Technologies, Inc. has a one year low of $2.68 and a one year high of $5.12. The company has a current ratio of 2.33, a quick ratio of 1.51 and a debt-to-equity ratio of 1.16. The business has a fifty day simple moving average of $4.01 and a 200 day simple moving average of $3.56. The firm has a market capitalization of $561.51 million, a price-to-earnings ratio of 213.11 and a beta of 2.04.

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.