Principal Financial Group Inc. Acquires 3,700 Shares of XPEL, Inc. (NASDAQ:XPEL)

Principal Financial Group Inc. increased its holdings in XPEL, Inc. (NASDAQ:XPEL) by 3.3% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 114,876 shares of the company’s stock after buying an additional 3,700 shares during the period. Principal Financial Group Inc. owned about 0.42% of XPEL worth $4,588,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently bought and sold shares of XPEL. Creative Planning bought a new position in shares of XPEL in the 3rd quarter worth $208,000. Louisiana State Employees Retirement System raised its holdings in XPEL by 2.8% in the third quarter. Louisiana State Employees Retirement System now owns 11,000 shares of the company’s stock worth $477,000 after purchasing an additional 300 shares in the last quarter. State of Alaska Department of Revenue lifted its position in shares of XPEL by 3.5% during the third quarter. State of Alaska Department of Revenue now owns 12,934 shares of the company’s stock valued at $560,000 after buying an additional 441 shares during the last quarter. Los Angeles Capital Management LLC purchased a new stake in shares of XPEL during the third quarter valued at about $341,000. Finally, Kovack Advisors Inc. bought a new stake in shares of XPEL in the 3rd quarter valued at about $295,000. Hedge funds and other institutional investors own 75.08% of the company’s stock.

XPEL Stock Down 9.1 %

NASDAQ XPEL opened at $30.38 on Tuesday. XPEL, Inc. has a 52 week low of $30.06 and a 52 week high of $60.49. The company has a 50 day moving average price of $40.49 and a 200 day moving average price of $42.13. The firm has a market cap of $839.95 million, a PE ratio of 17.36 and a beta of 1.84.

XPEL (NASDAQ:XPEL) last issued its quarterly earnings data 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 business had revenue of $107.53 million for the quarter, compared to analysts’ expectations of $106.98 million. On average, equities research analysts anticipate that XPEL, Inc. will post 1.73 earnings per share for the current fiscal year.

XPEL Profile

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.