Pretty Bad Rating Given to Tetra Technologies (NYSE:TTI) By a J.P. Morgan

September 17, 2017 - By Linda Rogers

 Pretty Bad Rating Given to Tetra Technologies (NYSE:TTI) By a J.P. Morgan

Investors sentiment increased to 1.59 in Q4 2016. Its up 0.09, from 1.5 in 2016Q3. It increased, as 16 investors sold TETRA Technologies, Inc. shares while 47 reduced holdings. 38 funds opened positions while 62 raised stakes. 100.90 million shares or 27.18% more from 79.34 million shares in 2016Q3 were reported.

Opportunities Mgmt Lc stated it has 167,210 shares. Fmr Limited Liability Com reported 0% of its portfolio in TETRA Technologies, Inc. (NYSE:TTI). 909,988 were accumulated by Bank & Trust Of America De. Blackrock stated it has 0% of its portfolio in TETRA Technologies, Inc. (NYSE:TTI). Virginia Retirement Et Al holds 0% or 12,700 shares. Texas Permanent School Fund reported 83,813 shares or 0.01% of all its holdings. Jpmorgan Chase reported 0% in TETRA Technologies, Inc. (NYSE:TTI). 503,338 were reported by Goldman Sachs Grp Inc. 29,568 were accumulated by Verition Fund Mngmt. United Kingdom-based Oxford Asset has invested 0.02% in TETRA Technologies, Inc. (NYSE:TTI). Invesco accumulated 615,882 shares or 0% of the stock. Millennium Mgmt Limited Liability Corporation invested in 0.03% or 2.72M shares. Tiaa Cref Mgmt Limited Liability Corp invested 0% in TETRA Technologies, Inc. (NYSE:TTI). Empyrean Cap Prns L P holds 669,175 shares. Ameriprise Fincl holds 0.01% or 2.65 million shares.

Since March 17, 2017, it had 1 buying transaction, and 0 insider sales for $47,244 activity. 12,000 TETRA Technologies, Inc. (NYSE:TTI) shares with value of $47,244 were bought by BATES THOMAS R JR. 40,000 shares were bought by Brightman Stuart M, worth $154,132 on Friday, March 17.

Tetra Technologies (NYSE:TTI) Receives a Downgrade

Research professionals at the J.P. Morgan equities division lowered the rating of Tetra Technologies (NYSE:TTI) shares to a Hold on Tuesday, 12 September.

Investors sentiment increased to 1.59 in Q4 2016. Its up 0.09, from 1.5 in 2016Q3. It increased, as 16 investors sold TETRA Technologies, Inc. shares while 47 reduced holdings. 38 funds opened positions while 62 raised stakes. 100.90 million shares or 27.18% more from 79.34 million shares in 2016Q3 were reported.

Opportunities Mgmt Lc stated it has 167,210 shares. Fmr Limited Liability Com reported 0% of its portfolio in TETRA Technologies, Inc. (NYSE:TTI). 909,988 were accumulated by Bank & Trust Of America De. Blackrock stated it has 0% of its portfolio in TETRA Technologies, Inc. (NYSE:TTI). Virginia Retirement Et Al holds 0% or 12,700 shares. Texas Permanent School Fund reported 83,813 shares or 0.01% of all its holdings. Jpmorgan Chase reported 0% in TETRA Technologies, Inc. (NYSE:TTI). 503,338 were reported by Goldman Sachs Grp Inc. 29,568 were accumulated by Verition Fund Mngmt. United Kingdom-based Oxford Asset has invested 0.02% in TETRA Technologies, Inc. (NYSE:TTI). Invesco accumulated 615,882 shares or 0% of the stock. Millennium Mgmt Limited Liability Corporation invested in 0.03% or 2.72M shares. Tiaa Cref Mgmt Limited Liability Corp invested 0% in TETRA Technologies, Inc. (NYSE:TTI). Empyrean Cap Prns L P holds 669,175 shares. Ameriprise Fincl holds 0.01% or 2.65 million shares.

Since March 17, 2017, it had 1 buying transaction, and 0 insider sales for $47,244 activity. 12,000 TETRA Technologies, Inc. (NYSE:TTI) shares with value of $47,244 were bought by BATES THOMAS R JR. 40,000 shares were bought by Brightman Stuart M, worth $154,132 on Friday, March 17.

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

Among 13 analysts covering Tetra Technologies (NYSE:TTI), 10 have Buy rating, 0 Sell and 3 Hold. Therefore 77% are positive. Tetra Technologies has $12 highest and $3.25 lowest target. $7.38’s average target is 196.39% above currents $2.49 stock price. Tetra Technologies had 31 analyst reports since August 10, 2015 according to SRatingsIntel. RBC Capital Markets maintained it with “Outperform” rating and $6 target in Tuesday, May 10 report. RBC Capital Markets maintained TETRA Technologies, Inc. (NYSE:TTI) on Tuesday, November 8 with “Outperform” rating. On Tuesday, November 10 the stock rating was upgraded by JP Morgan to “Overweight”. The stock of TETRA Technologies, Inc. (NYSE:TTI) has “Overweight” rating given on Thursday, August 11 by Morgan Stanley. The rating was downgraded by JP Morgan on Tuesday, September 12 to “Neutral”. On Tuesday, May 10 the stock rating was maintained by Wunderlich with “Buy”. Zacks upgraded the stock to “Hold” rating in Thursday, August 13 report. RBC Capital Markets maintained it with “Hold” rating and $3.2500 target in Thursday, July 20 report. The stock has “Outperform” rating by Cowen & Co on Tuesday, May 10. On Monday, March 28 the stock rating was downgraded by Howard Weil to “Sector Perform”.

The stock increased 0.81% or $0.02 on September 15, reaching $2.49. About 4.99M shares traded or 299.20% up from the average. TETRA Technologies, Inc. (NYSE:TTI) has declined 31.41% since September 17, 2016 and is downtrending. It has underperformed by 48.11% the S&P500.

Analysts expect TETRA Technologies, Inc. (NYSE:TTI) to report $-0.02 EPS on November, 6.They anticipate $0.03 EPS change or 60.00 % from last quarter’s $-0.05 EPS. After having $-0.04 EPS previously, TETRA Technologies, Inc.’s analysts see -50.00 % EPS growth.

TETRA Technologies, Inc. is an oil and gas services company. The company has market cap of $288.59 million. The Firm focuses on completion fluids and associated services and products, water management, production well testing, offshore rig cooling, compression services and equipment, and offshore services, such as decommissioning and diving. It currently has negative earnings. It is composed of five divisions organized into four divisions: Fluids, Production Testing, Compression and Offshore.

More news for TETRA Technologies, Inc. (NYSE:TTI) were recently published by: Seekingalpha.com, which released: “Tetra Technologies – A Deep Water Turnaround Story” on August 29, 2017. Nasdaq.com‘s article titled: “Tetra Technologies (TTI) Catches Eye: Stock Jumps 10.7%” and published on September 15, 2017 is yet another important article.

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