Expro Group Holdings (NYSE:XPRO) Shares Sold by HPS Investment Partners LLC

HPS Investment Partners LLC lessened its holdings in shares of Expro Group Holdings (NYSE:XPRO - Free Report) by 10.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,800,197 shares of the company's stock after selling 215,387 shares during the period. Expro Group makes up about 1.4% of HPS Investment Partners LLC's portfolio, making the stock its 2nd biggest holding. HPS Investment Partners LLC owned about 1.53% of Expro Group worth $22,448,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the business. Tower Research Capital LLC TRC increased its stake in Expro Group by 1,413.7% during the 4th quarter. Tower Research Capital LLC TRC now owns 11,126 shares of the company's stock valued at $139,000 after purchasing an additional 10,391 shares in the last quarter. MetLife Investment Management LLC grew its holdings in shares of Expro Group by 5.9% during the fourth quarter. MetLife Investment Management LLC now owns 57,908 shares of the company's stock valued at $722,000 after buying an additional 3,213 shares during the last quarter. Dimensional Fund Advisors LP increased its position in shares of Expro Group by 18.1% in the 4th quarter. Dimensional Fund Advisors LP now owns 4,754,280 shares of the company's stock valued at $59,283,000 after acquiring an additional 728,836 shares during the period. First Trust Advisors LP raised its stake in Expro Group by 56.8% in the 4th quarter. First Trust Advisors LP now owns 36,073 shares of the company's stock worth $450,000 after acquiring an additional 13,061 shares during the last quarter. Finally, Marshall Wace LLP lifted its position in Expro Group by 12.1% during the 4th quarter. Marshall Wace LLP now owns 1,257,383 shares of the company's stock worth $15,680,000 after acquiring an additional 135,281 shares during the period. Institutional investors and hedge funds own 92.07% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on XPRO. Barclays cut their price objective on Expro Group from $17.00 to $14.00 and set an "overweight" rating on the stock in a report on Wednesday, March 5th. The Goldman Sachs Group reduced their price target on shares of Expro Group from $17.00 to $12.00 and set a "neutral" rating for the company in a research report on Thursday, April 10th.

Expro Group Stock Performance

Expro Group stock traded down $0.17 during midday trading on Friday, hitting $8.17. 1,039,127 shares of the company were exchanged, compared to its average volume of 1,210,999. The business has a fifty day simple moving average of $9.91 and a two-hundred day simple moving average of $12.28. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.62 and a current ratio of 1.98. The firm has a market capitalization of $947.95 million, a PE ratio of 58.36, a price-to-earnings-growth ratio of 1.28 and a beta of 0.98. Expro Group Holdings has a fifty-two week low of $6.70 and a fifty-two week high of $24.50.

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.