Mawer Investment Management Ltd. boosted its stake in XPEL, Inc. (NASDAQ:XPEL - Free Report) by 13.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 397,533 shares of the company's stock after purchasing an additional 48,586 shares during the period. Mawer Investment Management Ltd. owned about 1.44% of XPEL worth $15,877,000 at the end of the most recent quarter.
A number of other hedge funds have also recently added to or reduced their stakes in XPEL. Quantbot Technologies LP bought a new position in XPEL in the 3rd quarter valued at approximately $64,000. National Bank of Canada FI acquired a new position in XPEL in the 3rd quarter valued at approximately $71,000. FMR LLC raised its stake in shares of XPEL by 247.7% during the third quarter. FMR LLC now owns 2,799 shares of the company's stock valued at $121,000 after acquiring an additional 1,994 shares during the last quarter. MML Investors Services LLC acquired a new position in shares of XPEL during the third quarter worth $205,000. Finally, KLP Kapitalforvaltning AS bought a new stake in shares of XPEL in the fourth quarter worth $212,000. Institutional investors and hedge funds own 75.08% of the company's stock.
XPEL Stock Performance
Shares of XPEL traded down $1.90 during mid-day trading on Thursday, reaching $28.41. 148,086 shares of the company were exchanged, compared to its average volume of 203,622. The business has a 50 day simple moving average of $36.48 and a two-hundred day simple moving average of $40.29. XPEL, Inc. has a 52 week low of $27.68 and a 52 week high of $60.49. The stock has a market capitalization of $785.59 million, a PE ratio of 16.23 and a beta of 1.82.
XPEL (NASDAQ:XPEL - Get Free Report) last issued its quarterly earnings results on Wednesday, February 26th. The company reported $0.35 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.41 by ($0.06). XPEL had a return on equity of 24.68% and a net margin of 11.61%. The firm had revenue of $107.53 million during the quarter, compared to analyst estimates of $106.98 million. On average, analysts predict that XPEL, Inc. will post 1.73 EPS for the current year.
About XPEL
(
Free Report)
XPEL, Inc sells, distributes, and installs protective films and coatings worldwide. The company offers automotive surface and paint protection film, headlight protection, and automotive and architectural window films, as well as proprietary DAP software. It also provides pre-cut film products, merchandise and apparel, ceramic coatings, and tools and accessories.
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