Victory Capital Management Inc. lessened its holdings in XPEL, Inc. (NASDAQ:XPEL - Free Report) by 62.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,812 shares of the company's stock after selling 7,984 shares during the quarter. Victory Capital Management Inc.'s holdings in XPEL were worth $192,000 at the end of the most recent reporting period.
Several other hedge funds have also added to or reduced their stakes in XPEL. Bridges Investment Management Inc. increased its position in XPEL by 260.1% in the 4th quarter. Bridges Investment Management Inc. now owns 24,997 shares of the company's stock valued at $998,000 after acquiring an additional 18,056 shares during the period. Principal Financial Group Inc. grew its stake in shares of XPEL by 3.3% in the fourth quarter. Principal Financial Group Inc. now owns 114,876 shares of the company's stock worth $4,588,000 after purchasing an additional 3,700 shares during the last quarter. Schwartz Investment Counsel Inc. increased its holdings in XPEL by 4.9% in the fourth quarter. Schwartz Investment Counsel Inc. now owns 537,000 shares of the company's stock valued at $21,448,000 after purchasing an additional 25,000 shares during the period. Laurus Investment Counsel Inc. increased its holdings in XPEL by 29.5% in the fourth quarter. Laurus Investment Counsel Inc. now owns 46,530 shares of the company's stock valued at $1,858,000 after purchasing an additional 10,600 shares during the period. Finally, Janney Montgomery Scott LLC bought a new position in XPEL during the 4th quarter worth $1,113,000. 75.08% of the stock is currently owned by institutional investors and hedge funds.
XPEL Stock Down 5.6 %
Shares of NASDAQ XPEL traded down $1.88 during trading on Thursday, reaching $31.53. The company had a trading volume of 198,026 shares, compared to its average volume of 198,797. The stock has a market cap of $871.87 million, a P/E ratio of 18.02 and a beta of 1.82. The company's fifty day moving average price is $37.76 and its 200-day moving average price is $40.73. XPEL, Inc. has a 12 month low of $29.00 and a 12 month high of $60.49.
XPEL (NASDAQ:XPEL - Get Free Report) last announced its earnings results on Wednesday, February 26th. The company reported $0.35 EPS for the quarter, missing the consensus estimate of $0.41 by ($0.06). XPEL had a net margin of 11.61% and a return on equity of 24.68%. The company had revenue of $107.53 million during the quarter, compared to the consensus estimate of $106.98 million. As a group, equities analysts predict that XPEL, Inc. will post 1.73 earnings per share for the current year.
About XPEL
(
Free Report)
XPEL, Inc sells, distributes, and installs protective films and coatings worldwide. The company offers automotive surface and paint protection film, headlight protection, and automotive and architectural window films, as well as proprietary DAP software. It also provides pre-cut film products, merchandise and apparel, ceramic coatings, and tools and accessories.
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