Swiss National Bank Buys 24,400 Shares of Expro Group Holdings (NYSE:XPRO)

Swiss National Bank increased its position in shares of Expro Group Holdings (NYSE:XPRO - Free Report) by 14.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 196,400 shares of the company's stock after purchasing an additional 24,400 shares during the period. Swiss National Bank owned about 0.17% of Expro Group worth $2,449,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. State Street Corp lifted its stake in Expro Group by 7.6% during the third quarter. State Street Corp now owns 2,692,260 shares of the company's stock worth $46,226,000 after purchasing an additional 189,085 shares during the period. Geode Capital Management LLC raised its holdings in shares of Expro Group by 9.4% in the 3rd quarter. Geode Capital Management LLC now owns 2,326,582 shares of the company's stock worth $39,956,000 after buying an additional 199,554 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its position in shares of Expro Group by 10.0% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,157,555 shares of the company's stock worth $14,435,000 after buying an additional 104,826 shares during the period. Leeward Investments LLC MA acquired a new stake in Expro Group in the 4th quarter valued at $7,026,000. Finally, Victory Capital Management Inc. grew its position in Expro Group by 6.1% in the fourth quarter. Victory Capital Management Inc. now owns 503,942 shares of the company's stock valued at $6,284,000 after acquiring an additional 29,141 shares during the period. 92.07% of the stock is currently owned by institutional investors and hedge funds.

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Expro Group Price Performance

XPRO traded down $0.13 during trading on Monday, hitting $9.98. The company's stock had a trading volume of 1,859,760 shares, compared to its average volume of 1,158,277. 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 stock has a market capitalization of $1.16 billion, a price-to-earnings ratio of 71.26, a price-to-earnings-growth ratio of 1.28 and a beta of 1.12. The firm's 50 day moving average price is $12.05 and its two-hundred day moving average price is $13.53. Expro Group Holdings has a 12 month low of $9.71 and a 12 month high of $24.50.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on XPRO. Barclays reduced their target price on shares of Expro Group from $17.00 to $14.00 and set an "overweight" rating on the stock in a research note on Wednesday, March 5th. The Goldman Sachs Group assumed coverage on shares of Expro Group in a research report on Friday, December 13th. They issued a "neutral" rating and a $18.00 price target on the stock.

Expro Group 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.