Charles Schwab Investment Management Inc. lifted its stake in Expro Group Holdings (NYSE:XPRO - Free Report) by 10.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,157,555 shares of the company's stock after acquiring an additional 104,826 shares during the period. Charles Schwab Investment Management Inc. owned 0.99% of Expro Group worth $14,435,000 at the end of the most recent quarter.
A number of other hedge funds have also recently made changes to their positions in the stock. R Squared Ltd bought a new position in Expro Group in the fourth quarter worth about $27,000. US Bancorp DE raised its stake in shares of Expro Group by 56.0% during the 4th quarter. US Bancorp DE now owns 4,171 shares of the company's stock worth $52,000 after acquiring an additional 1,497 shares in the last quarter. KBC Group NV lifted its position in Expro Group by 75.3% during the fourth quarter. KBC Group NV now owns 5,968 shares of the company's stock valued at $74,000 after acquiring an additional 2,563 shares during the last quarter. Point72 Hong Kong Ltd purchased a new stake in Expro Group during the third quarter valued at approximately $171,000. Finally, Entropy Technologies LP acquired a new stake in Expro Group in the fourth quarter valued at approximately $173,000. 92.07% of the stock is currently owned by hedge funds and other institutional investors.
Expro Group Stock Performance
Shares of NYSE:XPRO traded up $0.36 on Monday, hitting $10.61. 1,435,797 shares of the company were exchanged, compared to its average volume of 1,122,840. The firm has a market capitalization of $1.23 billion, a P/E ratio of 75.76, 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 1-year low of $9.85 and a 1-year high of $24.50. The stock's 50 day moving average price is $12.53 and its 200 day moving average price is $13.84.
Wall Street Analysts Forecast Growth
XPRO has been the subject of several analyst reports. The Goldman Sachs Group initiated coverage on Expro Group in a report on Friday, December 13th. They set a "neutral" rating and a $18.00 price objective for the company. Barclays decreased their price target on Expro Group from $17.00 to $14.00 and set an "overweight" rating for the company in a research note on Wednesday, March 5th.
View Our Latest Report on XPRO
Expro Group Profile
(
Free Report)
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.
Read More
Before you consider Expro Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Expro Group wasn't on the list.
While Expro Group currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking for the next FAANG stock before everyone has heard about it? Enter your email address to see which stocks MarketBeat analysts think might become the next trillion dollar tech company.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
