Bank of Montreal Can Has $917,000 Stock Holdings in XPEL, Inc. (NASDAQ:XPEL)

Bank of Montreal Can cut its holdings in shares of XPEL, Inc. (NASDAQ:XPEL - Free Report) by 55.9% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 22,967 shares of the company's stock after selling 29,065 shares during the period. Bank of Montreal Can owned about 0.08% of XPEL worth $917,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. JPMorgan Chase & Co. increased its position in XPEL by 90.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 44,164 shares of the company's stock worth $1,915,000 after purchasing an additional 20,918 shares in the last quarter. Janney Montgomery Scott LLC acquired a new position in shares of XPEL during the fourth quarter worth $1,113,000. LHM Inc. bought a new position in shares of XPEL in the 4th quarter valued at $4,887,000. Franklin Resources Inc. acquired a new stake in shares of XPEL during the 3rd quarter valued at $686,000. Finally, Geode Capital Management LLC grew its position in XPEL by 4.7% during the 3rd quarter. Geode Capital Management LLC now owns 571,880 shares of the company's stock worth $24,807,000 after acquiring an additional 25,526 shares during the last quarter. 75.08% of the stock is currently owned by institutional investors.

XPEL Stock Up 1.7 %

XPEL stock traded up $0.45 during trading hours on Thursday, hitting $26.40. The stock had a trading volume of 134,442 shares, compared to its average volume of 212,741. The business's 50 day simple moving average is $31.14 and its 200-day simple moving average is $38.38. XPEL, Inc. has a one year low of $24.25 and a one year high of $55.97. The stock has a market cap of $729.99 million, a price-to-earnings ratio of 15.07 and a beta of 1.83.

XPEL (NASDAQ:XPEL - Get Free Report) last issued its quarterly earnings data on Wednesday, February 26th. The company reported $0.35 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.41 by ($0.06). XPEL had a net margin of 11.61% and a return on equity of 24.68%. The business had revenue of $107.53 million during the quarter, compared to the consensus estimate of $106.98 million. Research analysts anticipate that XPEL, Inc. will post 1.73 EPS for the current fiscal year.

XPEL Company Profile

XPEL, Inc sells, distributes, and installs protective films and coatings worldwide. The company offers automotive surface and paint protection film, headlight protection, and automotive and architectural window films, as well as proprietary DAP software. It also provides pre-cut film products, merchandise and apparel, ceramic coatings, and tools and accessories.