Quantbot Technologies LP Increases Position in XPEL, Inc. (NASDAQ:XPEL)

Quantbot Technologies LP boosted its holdings in XPEL, Inc. (NASDAQ:XPEL) by 46.0% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 2,165 shares of the company’s stock after purchasing an additional 682 shares during the period. Quantbot Technologies LP’s holdings in XPEL were worth $86,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of XPEL. National Bank of Canada FI purchased a new position in shares of XPEL during the 3rd quarter valued at approximately $71,000. FMR LLC boosted its stake in XPEL by 247.7% during the 3rd quarter. FMR LLC now owns 2,799 shares of the company’s stock valued at $121,000 after acquiring an additional 1,994 shares during the last quarter. MML Investors Services LLC bought a new position in XPEL during the 3rd quarter valued at $205,000. XTX Topco Ltd acquired a new position in XPEL during the 3rd quarter worth $294,000. Finally, Intech Investment Management LLC bought a new stake in shares of XPEL in the 3rd quarter worth about $403,000. Institutional investors and hedge funds own 75.08% of the company’s stock.

XPEL Stock Performance

Shares of XPEL stock opened at $29.38 on Tuesday. The stock has a market capitalization of $812.42 million, a price-to-earnings ratio of 16.79 and a beta of 1.82. XPEL, Inc. has a one year low of $29.00 and a one year high of $60.49. The company’s 50-day simple moving average is $37.05 and its 200-day simple moving average is $40.47.

XPEL (NASDAQ:XPEL) last released its earnings results on Wednesday, February 26th. The company reported $0.35 EPS for the quarter, missing analysts’ consensus estimates of $0.41 by ($0.06). The firm had revenue of $107.53 million for the quarter, compared to the consensus estimate of $106.98 million. XPEL had a return on equity of 24.68% and a net margin of 11.61%. As a group, research analysts forecast that XPEL, Inc. will post 1.73 EPS for the current year.

About XPEL

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.