BNP PARIBAS ASSET MANAGEMENT Holding S.A. Raises Stock Position in Expro Group Holdings (NYSE:XPRO)

BNP PARIBAS ASSET MANAGEMENT Holding S.A. boosted its holdings in shares of Expro Group Holdings (NYSE:XPRO - Free Report) by 32.7% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 568,248 shares of the company's stock after purchasing an additional 140,189 shares during the period. BNP PARIBAS ASSET MANAGEMENT Holding S.A. owned about 0.48% of Expro Group worth $9,757,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of XPRO. SG Americas Securities LLC bought a new stake in shares of Expro Group in the 1st quarter worth approximately $141,000. ProShare Advisors LLC lifted its position in Expro Group by 8.5% in the 1st quarter. ProShare Advisors LLC now owns 16,099 shares of the company's stock valued at $321,000 after acquiring an additional 1,267 shares in the last quarter. Vanguard Group Inc. lifted its position in Expro Group by 1.6% in the 1st quarter. Vanguard Group Inc. now owns 2,352,277 shares of the company's stock valued at $46,975,000 after acquiring an additional 38,053 shares in the last quarter. Gamco Investors INC. ET AL lifted its position in Expro Group by 0.9% in the 1st quarter. Gamco Investors INC. ET AL now owns 61,765 shares of the company's stock valued at $1,233,000 after acquiring an additional 550 shares in the last quarter. Finally, BOKF NA bought a new position in Expro Group in the 1st quarter valued at approximately $2,943,000. Hedge funds and other institutional investors own 92.07% of the company's stock.

Expro Group Stock Performance

Shares of NYSE XPRO traded up $0.19 during midday trading on Friday, hitting $13.80. 1,069,253 shares of the stock traded hands, compared to its average volume of 1,273,898. The firm has a 50-day moving average of $15.52 and a two-hundred day moving average of $19.22. The firm has a market capitalization of $1.62 billion, a P/E ratio of 98.57, a PEG ratio of 1.62 and a beta of 0.99. 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 one year low of $12.58 and a one year high of $24.50.

Expro Group (NYSE:XPRO - Get Free Report) last released its quarterly earnings results on Thursday, October 24th. The company reported $0.23 earnings per share for the quarter, beating the consensus estimate of $0.19 by $0.04. The firm had revenue of $422.83 million for the quarter, compared to analysts' expectations of $436.62 million. Expro Group had a return on equity of 3.70% and a net margin of 0.98%. The company's revenue was up 14.3% compared to the same quarter last year. During the same period in the prior year, the firm earned ($0.11) EPS. On average, equities analysts forecast that Expro Group Holdings will post 0.7 EPS for the current fiscal year.

Analysts Set New Price Targets

Separately, Barclays lowered their price objective on Expro Group from $28.00 to $18.00 and set an "overweight" rating on the stock in a research report on Monday, October 28th.

About Expro Group

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.