American Century Companies Inc. Raises Stock Position in Expro Group Holdings (NYSE:XPRO)

American Century Companies Inc. raised its stake in Expro Group Holdings (NYSE:XPRO - Free Report) by 32.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,206,985 shares of the company's stock after buying an additional 1,027,825 shares during the period. American Century Companies Inc. owned about 3.58% of Expro Group worth $52,461,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Intech Investment Management LLC bought a new position in shares of Expro Group during the 3rd quarter worth $477,000. Charles Schwab Investment Management Inc. grew its holdings in Expro Group by 20.1% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,052,729 shares of the company's stock worth $18,075,000 after acquiring an additional 176,132 shares in the last quarter. Dynamic Technology Lab Private Ltd purchased a new position in Expro Group during the 3rd quarter valued at about $450,000. Loomis Sayles & Co. L P purchased a new position in Expro Group during the 3rd quarter valued at about $16,159,000. Finally, Quantbot Technologies LP bought a new stake in shares of Expro Group in the 3rd quarter valued at about $1,280,000. Institutional investors own 92.07% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the stock. The Goldman Sachs Group began coverage on shares of Expro Group in a report on Friday, December 13th. They set a "neutral" rating and a $18.00 price objective on the stock. Barclays dropped their price objective on Expro Group from $17.00 to $14.00 and set an "overweight" rating on the stock in a research report on Wednesday, March 5th.

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Expro Group Stock Down 4.1 %

XPRO stock traded down $0.44 on Friday, hitting $10.11. 820,839 shares of the company's stock were exchanged, compared to its average volume of 1,155,471. The firm has a 50 day moving average price of $12.14 and a two-hundred day moving average price of $13.58. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.62 and a current ratio of 1.98. Expro Group Holdings has a 12-month low of $9.85 and a 12-month high of $24.50. The stock has a market cap of $1.18 billion, a P/E ratio of 72.18, a price-to-earnings-growth ratio of 1.28 and a beta of 1.12.

Expro Group Company Profile

Expro Group Holdings N.V. engages in the provision of energy services in North and Latin America, Europe and Sub-Saharan Africa, the Middle East and North Africa, and the Asia-Pacific. The company provides well construction services, such as technology solutions in drilling, tubular running services, and cementing and tubulars; and well management services, including well flow management, subsea well access, and well intervention and integrity solutions.