Expro Group Holdings (NYSE:XPRO) Shares Sold by Boston Partners

Boston Partners lowered its stake in shares of Expro Group Holdings (NYSE:XPRO - Free Report) by 98.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 27,959 shares of the company's stock after selling 1,717,129 shares during the period. Boston Partners' holdings in Expro Group were worth $349,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently made changes to their positions in the company. Loomis Sayles & Co. L P acquired a new stake in shares of Expro Group in the 3rd quarter worth $16,159,000. JPMorgan Chase & Co. raised its holdings in Expro Group by 479.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 251,883 shares of the company's stock valued at $4,325,000 after buying an additional 208,443 shares during the period. Barclays PLC lifted its position in Expro Group by 40.1% in the third quarter. Barclays PLC now owns 473,492 shares of the company's stock valued at $8,129,000 after buying an additional 135,481 shares during the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. boosted its stake in Expro Group by 32.7% during the third quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 568,248 shares of the company's stock worth $9,757,000 after buying an additional 140,189 shares during the period. Finally, Charles Schwab Investment Management Inc. raised its stake in shares of Expro Group by 20.1% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,052,729 shares of the company's stock valued at $18,075,000 after acquiring an additional 176,132 shares during the period. 92.07% of the stock is currently owned by hedge funds and other institutional investors.

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Expro Group Stock Down 1.4 %

XPRO traded down $0.16 during trading hours on Thursday, hitting $10.54. 1,345,782 shares of the company's stock were exchanged, compared to its average volume of 1,126,538. The firm has a 50 day moving average of $12.32 and a 200 day moving average of $13.72. The firm has a market cap of $1.23 billion, a P/E ratio of 75.26, a price-to-earnings-growth ratio of 1.28 and a beta of 1.12. The company has a current ratio of 1.98, a quick ratio of 1.62 and a debt-to-equity ratio of 0.09. Expro Group Holdings has a 12-month low of $9.85 and a 12-month high of $24.50.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on XPRO shares. Barclays cut their target price 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. The Goldman Sachs Group initiated coverage on Expro Group in a report on Friday, December 13th. They issued a "neutral" rating and a $18.00 price objective on the stock.

Expro Group 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.