13,686 Shares in Expro Group Holdings (NYSE:XPRO) Purchased by GSA Capital Partners LLP

GSA Capital Partners LLP acquired a new stake in Expro Group Holdings (NYSE:XPRO) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 13,686 shares of the company’s stock, valued at approximately $235,000.

A number of other institutional investors and hedge funds have also recently made changes to their positions in XPRO. American Century Companies Inc. grew its position in Expro Group by 6.1% during the second quarter. American Century Companies Inc. now owns 5,594,611 shares of the company’s stock worth $128,229,000 after buying an additional 320,112 shares in the last quarter. Earnest Partners LLC grew its holdings in shares of 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 purchasing an additional 140,617 shares in the last quarter. Dimensional Fund Advisors LP increased its position in shares of Expro Group by 7.0% in the second quarter. Dimensional Fund Advisors LP now owns 3,334,758 shares of the company’s stock worth $76,435,000 after purchasing an additional 219,432 shares during the period. Vanguard Group Inc. lifted its position in 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 period. Finally, Boston Partners grew its stake in Expro Group by 24.1% during the first quarter. Boston Partners now owns 2,084,838 shares of the company’s stock worth $41,688,000 after buying an additional 404,392 shares in the last quarter. Institutional investors and hedge funds own 92.07% of the company’s stock.

Expro Group Stock Performance

NYSE:XPRO opened at $13.80 on Monday. 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 $1.62 billion, a PE ratio of 98.57, a price-to-earnings-growth ratio of 1.62 and a beta of 0.99. Expro Group Holdings has a twelve month low of $12.58 and a twelve month high of $24.50. The stock’s 50-day simple moving average is $15.52 and its 200 day simple moving average is $19.22.

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

Wall Street Analyst Weigh In

Separately, Barclays cut their price target on shares of Expro Group from $28.00 to $18.00 and set an “overweight” rating for the company in a 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.