74,561 Shares in Expro Group Holdings (NYSE:XPRO) Purchased by Quantbot Technologies LP

Quantbot Technologies LP purchased a new stake in Expro Group Holdings (NYSE:XPRO - Free Report) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 74,561 shares of the company's stock, valued at approximately $1,280,000. Quantbot Technologies LP owned approximately 0.06% of Expro Group as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. American Century Companies Inc. boosted its holdings in shares of Expro Group by 6.1% in the 2nd quarter. American Century Companies Inc. now owns 5,594,611 shares of the company's stock valued at $128,229,000 after buying an additional 320,112 shares in the last quarter. Earnest Partners LLC lifted its position in Expro Group by 3.0% in the second quarter. Earnest Partners LLC now owns 4,752,815 shares of the company's stock valued at $108,935,000 after acquiring an additional 140,617 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in Expro Group by 7.0% in the second quarter. Dimensional Fund Advisors LP now owns 3,334,758 shares of the company's stock valued at $76,435,000 after acquiring an additional 219,432 shares in the last quarter. Vanguard Group Inc. grew its holdings in shares of Expro Group by 1.6% during the first quarter. Vanguard Group Inc. now owns 2,352,277 shares of the company's stock worth $46,975,000 after purchasing an additional 38,053 shares during the last quarter. Finally, Jennison Associates LLC increased its position in shares of Expro Group by 4.2% during the third quarter. Jennison Associates LLC now owns 2,286,181 shares of the company's stock worth $39,254,000 after purchasing an additional 91,961 shares in the last quarter. 92.07% of the stock is currently owned by hedge funds and other institutional investors.

Expro Group Stock Performance

NYSE:XPRO traded down $0.26 during trading hours on Friday, reaching $13.89. 482,197 shares of the company's stock were exchanged, compared to its average volume of 1,097,223. Expro Group Holdings has a 1-year low of $12.58 and a 1-year high of $24.50. The company has a quick ratio of 1.62, a current ratio of 1.98 and a debt-to-equity ratio of 0.09. The firm has a market capitalization of $1.63 billion, a price-to-earnings ratio of 99.22, a P/E/G ratio of 1.65 and a beta of 0.99. The company has a 50-day moving average of $15.14 and a 200 day moving average of $18.99.

Expro Group (NYSE:XPRO - Get Free Report) last announced its earnings results on Thursday, October 24th. The company reported $0.23 earnings per share for the quarter, topping the consensus estimate of $0.19 by $0.04. The business had revenue of $422.83 million during the quarter, compared to the consensus estimate of $436.62 million. Expro Group had a net margin of 0.98% and a return on equity of 3.70%. The business's quarterly revenue was up 14.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned ($0.11) earnings per share. Research analysts anticipate that Expro Group Holdings will post 0.7 EPS for the current year.

Analyst Ratings Changes

Separately, Barclays decreased their target price on Expro Group from $28.00 to $18.00 and set an "overweight" rating for the company in a research report on Monday, October 28th.

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.