Charles Schwab Investment Management Inc. Has $14.44 Million Stake in Expro Group Holdings (NYSE:XPRO)

Charles Schwab Investment Management Inc. lifted its position in Expro Group Holdings (NYSE:XPRO) by 10.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,157,555 shares of the company’s stock after purchasing an additional 104,826 shares during the quarter. Charles Schwab Investment Management Inc. owned 0.99% of Expro Group worth $14,435,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of XPRO. R Squared Ltd acquired a new position in shares of Expro Group in the fourth quarter valued at $27,000. US Bancorp DE grew its position in Expro Group by 56.0% in the fourth quarter. US Bancorp DE now owns 4,171 shares of the company’s stock valued at $52,000 after acquiring an additional 1,497 shares during the period. KBC Group NV grew its position in Expro Group by 75.3% in the fourth quarter. KBC Group NV now owns 5,968 shares of the company’s stock valued at $74,000 after acquiring an additional 2,563 shares during the period. Point72 Hong Kong Ltd bought a new stake in Expro Group in the third quarter valued at $171,000. Finally, Entropy Technologies LP bought a new stake in Expro Group in the fourth quarter valued at $173,000. 92.07% of the stock is currently owned by institutional investors and hedge funds.

Expro Group Price Performance

Shares of XPRO stock opened at $10.67 on Friday. The stock’s fifty day moving average is $12.60 and its 200-day moving average is $13.97. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.62 and a current ratio of 1.98. The stock has a market capitalization of $1.24 billion, a PE ratio of 76.18, a PEG ratio of 1.28 and a beta of 1.12. Expro Group Holdings has a 52 week low of $9.85 and a 52 week high of $24.50.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on XPRO. The Goldman Sachs Group began coverage on Expro Group in a research report on Friday, December 13th. They issued a “neutral” rating and a $18.00 price target on the stock. Barclays lowered their price target on Expro Group from $17.00 to $14.00 and set an “overweight” rating on the stock in a research report on Wednesday, March 5th.

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.