State of New Jersey Common Pension Fund D Invests $1.97 Million in Expro Group Holdings (NYSE:XPRO)

State of New Jersey Common Pension Fund D purchased a new stake in Expro Group Holdings (NYSE:XPRO - Free Report) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 85,786 shares of the company's stock, valued at approximately $1,966,000. State of New Jersey Common Pension Fund D owned approximately 0.08% of Expro Group at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the company. GAMMA Investing LLC raised its holdings in shares of Expro Group by 58.0% during the 1st quarter. GAMMA Investing LLC now owns 1,452 shares of the company's stock valued at $29,000 after buying an additional 533 shares during the period. Gamco Investors INC. ET AL grew its position in shares of Expro Group by 0.9% in the 1st quarter. Gamco Investors INC. ET AL now owns 61,765 shares of the company's stock worth $1,233,000 after acquiring an additional 550 shares in the last quarter. ProShare Advisors LLC grew its position in shares of Expro Group by 8.5% in the 1st quarter. ProShare Advisors LLC now owns 16,099 shares of the company's stock worth $321,000 after acquiring an additional 1,267 shares in the last quarter. Essex Investment Management Co. LLC grew its position in shares of Expro Group by 1.9% in the 1st quarter. Essex Investment Management Co. LLC now owns 88,193 shares of the company's stock worth $1,761,000 after acquiring an additional 1,654 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank grew its position in shares of Expro Group by 11.8% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 25,090 shares of the company's stock worth $575,000 after acquiring an additional 2,649 shares in the last quarter. 92.07% of the stock is currently owned by hedge funds and other institutional investors.

Expro Group Stock Performance

Expro Group stock traded down $0.02 during mid-day trading on Friday, hitting $17.98. 5,783,664 shares of the company's stock traded hands, compared to its average volume of 1,022,759. The firm has a 50 day moving average price of $20.33 and a 200 day moving average price of $20.50. The company has a quick ratio of 1.56, a current ratio of 1.90 and a debt-to-equity ratio of 0.09. The company has a market cap of $1.99 billion, a PE ratio of -99.89, a price-to-earnings-growth ratio of 1.90 and a beta of 0.97. Expro Group Holdings has a one year low of $14.33 and a one year high of $25.04.

Expro Group (NYSE:XPRO - Get Free Report) last announced its earnings results on Thursday, July 25th. The company reported $0.20 earnings per share for the quarter, missing the consensus estimate of $0.22 by ($0.02). The business had revenue of $469.64 million for the quarter, compared to the consensus estimate of $419.20 million. Expro Group had a negative net margin of 0.84% and a positive return on equity of 1.43%. On average, equities analysts forecast that Expro Group Holdings will post 0.77 EPS for the current year.

Analysts Set New Price Targets

Several research analysts have recently commented on XPRO shares. The Goldman Sachs Group reiterated a "neutral" rating and issued a $23.00 target price (up previously from $22.00) on shares of Expro Group in a research report on Monday, June 3rd. Barclays lifted their target price on Expro Group from $27.00 to $28.00 and gave the stock an "overweight" rating in a research report on Wednesday, July 31st.

Expro Group Company 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.