SG Americas Securities LLC Has $385,000 Stock Position in Expro Group Holdings (NYSE:XPRO)

SG Americas Securities LLC lifted its stake in shares of Expro Group Holdings (NYSE:XPRO) by 24.4% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 22,442 shares of the company’s stock after buying an additional 4,399 shares during the period. SG Americas Securities LLC’s holdings in Expro Group were worth $385,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of XPRO. Clearbridge Investments LLC acquired a new position in Expro Group in the 2nd quarter worth about $28,156,000. Algert Global LLC bought a new stake in shares of Expro Group during the second quarter worth about $217,000. The Manufacturers Life Insurance Company increased its stake in shares of Expro Group by 9.3% in the second quarter. The Manufacturers Life Insurance Company now owns 48,317 shares of the company’s stock valued at $1,107,000 after buying an additional 4,114 shares during the period. Millennium Management LLC raised its holdings in Expro Group by 9.3% in the 2nd quarter. Millennium Management LLC now owns 718,618 shares of the company’s stock valued at $16,471,000 after buying an additional 60,885 shares during the last quarter. Finally, Earnest Partners LLC boosted its position in Expro Group by 3.0% during the 2nd quarter. Earnest Partners LLC now owns 4,752,815 shares of the company’s stock worth $108,935,000 after buying an additional 140,617 shares during the period. 92.07% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, Barclays upped their price target on shares of Expro Group from $27.00 to $28.00 and gave the company an “overweight” rating in a research report on Wednesday, July 31st.

Expro Group Trading Down 4.9 %

Shares of XPRO stock opened at $16.25 on Friday. Expro Group Holdings has a 1-year low of $14.33 and a 1-year high of $24.50. 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 stock has a market cap of $1.80 billion, a price-to-earnings ratio of -90.28, a PEG ratio of 1.83 and a beta of 0.96. The stock has a 50-day moving average of $18.36 and a 200-day moving average of $20.22.

Expro Group (NYSE:XPRO) last announced its 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 the consensus estimate of $419.20 million. On average, equities research analysts forecast that Expro Group Holdings will post 0.77 earnings per share for the current year.

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.