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Expro Group Holdings (NYSE:XPRO) Shares Bought by Dimensional Fund Advisors LP

Expro Group logo with Oils/Energy background

Dimensional Fund Advisors LP boosted its holdings in shares of Expro Group Holdings (NYSE:XPRO - Free Report) by 7.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,334,758 shares of the company's stock after purchasing an additional 219,432 shares during the quarter. Dimensional Fund Advisors LP owned approximately 3.02% of Expro Group worth $76,435,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of XPRO. GAMMA Investing LLC boosted its position in Expro Group by 58.0% during the first quarter. GAMMA Investing LLC now owns 1,452 shares of the company's stock worth $29,000 after purchasing an additional 533 shares in the last quarter. SG Americas Securities LLC purchased a new position in shares of Expro Group in the first quarter valued at approximately $141,000. nVerses Capital LLC purchased a new position in shares of Expro Group in the second quarter valued at approximately $183,000. Aristides Capital LLC purchased a new position in shares of Expro Group in the fourth quarter valued at approximately $236,000. Finally, Paloma Partners Management Co purchased a new position in shares of Expro Group in the first quarter valued at approximately $239,000. Hedge funds and other institutional investors own 92.07% of the company's stock.

Expro Group Price Performance

Shares of NYSE:XPRO traded up $0.53 during midday trading on Friday, hitting $17.03. The company had a trading volume of 1,205,941 shares, compared to its average volume of 1,042,636. Expro Group Holdings has a twelve month low of $14.33 and a twelve month high of $24.50. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.90 and a quick ratio of 1.56. The stock has a market cap of $2.00 billion, a price-to-earnings ratio of -93.94, a price-to-earnings-growth ratio of 1.94 and a beta of 0.97. The business's 50-day simple moving average is $19.81 and its 200-day simple moving average is $20.44.

Expro Group (NYSE:XPRO - Get Free Report) last posted its quarterly 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 negative net margin of 0.84% and a positive return on equity of 1.43%. The company had revenue of $469.64 million during the quarter, compared to analyst estimates of $419.20 million. On average, research analysts predict that Expro Group Holdings will post 0.77 earnings per share for the current year.

Analysts Set New Price Targets

Several research firms have recently weighed in on XPRO. Barclays raised their target price on Expro Group from $27.00 to $28.00 and gave the company an "overweight" rating in a research report on Wednesday, July 31st. The Goldman Sachs Group restated 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.

View Our Latest Research Report on XPRO

About Expro Group

(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.

See Also

Institutional Ownership by Quarter for Expro Group (NYSE:XPRO)

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