Barclays PLC Purchases 24,305 Shares of KLX Energy Services Holdings, Inc. (NASDAQ:KLXE)

Barclays PLC increased its position in shares of KLX Energy Services Holdings, Inc. (NASDAQ:KLXE) by 56,523.3% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 24,348 shares of the company’s stock after purchasing an additional 24,305 shares during the period. Barclays PLC owned 0.14% of KLX Energy Services worth $133,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Clifford Capital Partners LLC increased its holdings in KLX Energy Services by 13.9% in the 2nd quarter. Clifford Capital Partners LLC now owns 70,347 shares of the company’s stock valued at $348,000 after acquiring an additional 8,589 shares during the last quarter. PDT Partners LLC lifted its stake in KLX Energy Services by 82.4% in the 3rd quarter. PDT Partners LLC now owns 19,699 shares of the company’s stock worth $108,000 after purchasing an additional 8,901 shares in the last quarter. Sequoia Financial Advisors LLC purchased a new stake in KLX Energy Services in the 3rd quarter worth $58,000. Dimensional Fund Advisors LP lifted its stake in KLX Energy Services by 90.9% in the 2nd quarter. Dimensional Fund Advisors LP now owns 26,215 shares of the company’s stock worth $130,000 after purchasing an additional 12,485 shares in the last quarter. Finally, Point72 Asia Singapore Pte. Ltd. purchased a new stake in KLX Energy Services in the 2nd quarter worth $84,000. 42.69% of the stock is currently owned by institutional investors.

KLX Energy Services Stock Down 1.5 %

Shares of KLXE stock opened at $5.11 on Thursday. The company’s fifty day simple moving average is $5.25 and its two-hundred day simple moving average is $5.59. The company has a quick ratio of 1.08, a current ratio of 1.24 and a debt-to-equity ratio of 105.76. The stock has a market cap of $86.15 million, a P/E ratio of -1.73 and a beta of 2.14. KLX Energy Services Holdings, Inc. has a 52 week low of $4.18 and a 52 week high of $11.06.

KLX Energy Services (NASDAQ:KLXE) last announced its earnings results on Thursday, October 31st. The company reported ($0.40) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.48) by $0.08. The firm had revenue of $188.90 million for the quarter, compared to analysts’ expectations of $181.60 million. KLX Energy Services had a negative net margin of 6.45% and a negative return on equity of 244.12%. Analysts predict that KLX Energy Services Holdings, Inc. will post -2.83 EPS for the current fiscal year.

About KLX Energy Services

KLX Energy Services Holdings, Inc provides drilling, completions, production, and well intervention services and products to the onshore oil and gas producing regions of the United States. The company operates through three segments: Southwest, Rocky Mountains, and Northeast/Mid-Con. It provides directional drilling services; downhole navigational and rental tools businesses and support services, including well planning, site supervision, accommodation rentals, and other drilling rentals; and various technologies, including gamma ray, azimuthal gamma ray, real-time continuous inclination and azimuth, rotary steerable, pressure-while-drilling, mode shifting, stick-slip and destructive dynamics, dynamic sequencing and real-time shock, and vibration modules.