State of New Jersey Common Pension Fund D Purchases Shares of 85,786 Expro Group Holdings (NYSE:XPRO)

State of New Jersey Common Pension Fund D acquired a new stake in Expro Group Holdings (NYSE:XPRO) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 85,786 shares of the company’s stock, valued at approximately $1,966,000. State of New Jersey Common Pension Fund D owned approximately 0.08% of Expro Group as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Emerald Advisers LLC bought a new position in shares of Expro Group during the second quarter worth $13,421,000. Emerald Mutual Fund Advisers Trust bought a new position in shares of Expro Group during the 2nd quarter valued at about $10,288,000. Rhumbline Advisers grew its position in shares of Expro Group by 13.1% during the second quarter. Rhumbline Advisers now owns 157,421 shares of the company’s stock valued at $3,608,000 after purchasing an additional 18,236 shares in the last quarter. nVerses Capital LLC bought a new stake in shares of Expro Group in the second quarter worth about $183,000. Finally, Spire Wealth Management lifted its position in shares of Expro Group by 5,805.6% in the second quarter. Spire Wealth Management now owns 14,764 shares of the company’s stock worth $338,000 after buying an additional 14,514 shares in the last quarter. Institutional investors own 92.07% of the company’s stock.

Expro Group Stock Down 0.1 %

Shares of NYSE:XPRO opened at $17.98 on Friday. The company has a market cap of $1.99 billion, a price-to-earnings ratio of -99.89, a PEG ratio of 1.90 and a beta of 0.97. Expro Group Holdings has a 12 month low of $14.33 and a 12 month high of $25.04. The company has a current ratio of 1.90, a quick ratio of 1.56 and a debt-to-equity ratio of 0.09. The company has a 50-day moving average price of $20.33 and a 200 day moving average price of $20.49.

Expro Group (NYSE:XPRO) last posted its quarterly earnings data on Thursday, July 25th. The company reported $0.20 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.22 by ($0.02). The company had revenue of $469.64 million during the quarter, compared to the consensus estimate of $419.20 million. Expro Group had a negative net margin of 0.84% and a positive return on equity of 1.43%. As a group, equities 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 weighed in on XPRO. The Goldman Sachs Group restated a “neutral” rating and set a $23.00 price target (up previously from $22.00) on shares of Expro Group in a report on Monday, June 3rd. Barclays raised their target price on shares of Expro Group from $27.00 to $28.00 and gave the company an “overweight” rating in a report on Wednesday, July 31st.

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.