Vanguard Group Inc. raised its position in shares of Expro Group Holdings (NYSE:XPRO - Free Report) by 2.6% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 10,236,260 shares of the company's stock after buying an additional 260,914 shares during the quarter. Vanguard Group Inc. owned 8.71% of Expro Group worth $127,646,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently made changes to their positions in the company. R Squared Ltd purchased a new stake in shares of Expro Group in the 4th quarter valued at approximately $27,000. US Bancorp DE raised its stake in Expro Group by 56.0% during the 4th quarter. US Bancorp DE now owns 4,171 shares of the company's stock valued at $52,000 after purchasing an additional 1,497 shares during the period. KBC Group NV lifted its holdings in shares of Expro Group by 75.3% in the fourth quarter. KBC Group NV now owns 5,968 shares of the company's stock valued at $74,000 after purchasing an additional 2,563 shares in the last quarter. Entropy Technologies LP purchased a new stake in shares of Expro Group in the fourth quarter valued at $173,000. Finally, KLP Kapitalforvaltning AS acquired a new stake in shares of Expro Group in the fourth quarter worth $222,000. 92.07% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of research analysts recently commented on the stock. The Goldman Sachs Group lowered their price objective on shares of Expro Group from $17.00 to $12.00 and set a "neutral" rating on the stock in a research report on Thursday. Barclays reduced their target price on Expro Group from $17.00 to $14.00 and set an "overweight" rating for the company in a report on Wednesday, March 5th.
Get Our Latest Stock Report on Expro Group
Expro Group Stock Performance
NYSE XPRO traded up $0.27 during trading on Friday, hitting $7.97. The company's stock had a trading volume of 1,538,025 shares, compared to its average volume of 1,197,817. Expro Group Holdings has a 52 week low of $6.70 and a 52 week high of $24.50. The firm has a market cap of $926.95 million, a P/E ratio of 56.90, a price-to-earnings-growth ratio of 1.28 and a beta of 0.98. The firm has a 50 day moving average price of $10.91 and a 200 day moving average price of $12.84. The company has a quick ratio of 1.62, a current ratio of 1.98 and a debt-to-equity ratio of 0.09.
Expro Group Company Profile
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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.
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