TETRA Technologies, Inc. (NYSE:TTI) Sees the Tape Move -23.17%

In Friday trading, Tetra Tech Inc shares are now up about 0.6%, Chemours Co shares are up about 0.7%, and Grace & Co shares are up about 0.1% on the day. Bluemountain Mngmt Limited Company holds 0% of its portfolio in ENSCO PLC (NYSE:ESV) for 1,853 shares. (NASDAQ:TTEK) by 12.2% during the second quarter, according to its most recent disclosure with the SEC. Hedge funds and other institutional investors own 84.96% of the company's stock.

California Public Employees Retirement System expanded its stake by buying 6,200 shares an increase of 3.3%. Elk Creek Partners, LLC cut its holdings by selling 8,595 shares a decrease of 3.3% from 03/31/2017 to 06/30/2017. Janus Capital Management LLC raised its stake in Waste Management by 34.1% in the first quarter. Finally, Norges Bank bought a new stake in shares of Tetra Technologies during the fourth quarter worth approximately $15,354,000. About 9.82 million shares traded. Strs Ohio increased its stake in Tetra Tech by 45.2% in the second quarter. (NASDAQ:TTEK) traded up 2.45% during midday trading on Friday, hitting $41.80. Ray Gerald L & Associates Ltd acquired 10,720 shares as Salesforce Com Inc (CRM)'s stock rose 7.28%.

The company is so far trading down since yesterday's close of $2.43.

Tetra Technologies, Inc. has a 1-year low of $1.99 and a 1-year high of $6.77.

Tetra Technologies (NYSE:TTI) last issued its quarterly earnings results on Wednesday, August 9th. The oil and gas company reported ($0.04) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by $0.03. Tetra Tech had a net margin of 4.17% and a return on equity of 13.65%. The firm has "Buy" rating given on Wednesday, January 25 by TH Capital. During the same period in the prior year, the company earned $0.50 earnings per share. The company had revenue of $208.37 million during the quarter, compared to analysts' expectations of $204.19 million.

Tetra Tech, Inc. has 52 week low of $33.55 and a 52 week high of $48.35 with a PE ratio of 20.68 and has a market capitalization of $0.

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The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 1st. Investors of record on Thursday, August 17th will be given a $0.10 dividend. If they do continue, the current estimated yields on annualized basis would be 0.97% for Tetra Tech Inc, 0.27% for Chemours Co, and 1.26% for Grace & Co. (NASDAQ:TTEK) were released by: Nasdaq.com and their article: "Tetra Tech Becomes Oversold (TTEK)" published on August 03, 2017 as well as Businesswire.com's news article titled: "Tetra Tech Awarded FAA Security and Hazardous Materials Support Contract" with publication date: July 13, 2017. Tetra Tech's dividend payout ratio (DPR) is now 20.30%.

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Several research analysts have recently weighed in on TTEK shares. BidaskClub downgraded Tetra Tech from a "strong-buy" rating to a "buy" rating in a report on Wednesday, June 21st. Finally, Roth Capital set a $52.00 price objective on shares of Tetra Tech and gave the company a "buy" rating in a research note on Wednesday, August 2nd. Zacks Investment Research cut shares of Tetra Tech from a "buy" rating to a "hold" rating in a report on Monday, July 10th. One analyst has rated the stock with a sell rating, four have issued a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company. The company has a consensus rating of "Hold" and a consensus target price of $49.75.

In related news, CFO Steven M. Burdick sold 16,750 shares of the firm's stock in a transaction on Tuesday, May 23rd. The shares were sold at an average price of $44.87, for a total transaction of $751,572.50. It also upped Vanguard Index Fds (VTV) stake by 3,480 shares and now owns 243,144 shares.

Tetra Tech, Inc.is a provider of consulting, engineering, program management, construction management, and technical services. The Other segment includes its Strategic Business Solutions (WMSBS) organization; its landfill gas-to-energy operations and third-party subcontract and administration services managed by its Energy and Environmental Services and WM Renewable Energy organizations; its recycling brokerage services, and its service offerings and solutions, such as portable self-storage and long distance moving services, fluorescent lamp recycling and interests it holds in oil and gas producing properties.

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