Earnest Partners LLC Increases Stock Position in Expro Group Holdings (NYSE:XPRO)

Earnest Partners LLC increased its position in shares of Expro Group Holdings (NYSE:XPRO - Free Report) by 3.0% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 4,752,815 shares of the company's stock after buying an additional 140,617 shares during the period. Earnest Partners LLC owned 4.30% of Expro Group worth $108,935,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Oppenheimer Asset Management Inc. acquired a new stake in Expro Group in the 1st quarter valued at $1,356,000. BOKF NA acquired a new position in shares of Expro Group during the 1st quarter worth about $2,943,000. Jennison Associates LLC lifted its stake in Expro Group by 129.3% in the 1st quarter. Jennison Associates LLC now owns 822,249 shares of the company's stock valued at $16,420,000 after buying an additional 463,584 shares in the last quarter. Boston Partners boosted its holdings in Expro Group by 24.1% in the 1st quarter. Boston Partners now owns 2,084,838 shares of the company's stock worth $41,688,000 after buying an additional 404,392 shares during the last quarter. Finally, Hotchkis & Wiley Capital Management LLC increased its stake in Expro Group by 5.8% during the 4th quarter. Hotchkis & Wiley Capital Management LLC now owns 3,568,505 shares of the company's stock worth $56,811,000 after buying an additional 194,646 shares in the last quarter. Hedge funds and other institutional investors own 92.07% of the company's stock.

Analyst Upgrades and Downgrades

Several brokerages recently commented on XPRO. The Goldman Sachs Group reiterated a "neutral" rating and set a $23.00 price target (up from $22.00) on shares of Expro Group in a research report on Monday, June 3rd. Barclays raised their price objective on shares of 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 Trading Down 3.2 %

NYSE:XPRO traded down $0.55 during trading hours on Thursday, reaching $16.50. 1,394,010 shares of the stock were exchanged, compared to its average volume of 1,041,758. 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 capitalization of $1.94 billion, a price-to-earnings ratio of -92.11, a PEG ratio of 1.94 and a beta of 0.97. Expro Group Holdings has a twelve month low of $14.33 and a twelve month high of $25.04. The business has a 50-day moving average of $19.95 and a two-hundred day moving average of $20.47.

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

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.