Marshall Wace North America L.P. lowered its stake in shares of Exterran Corporation (NYSE:EXTN) by 79.5% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 20,432 shares of the energy company’s stock after selling 79,106 shares during the period. Marshall Wace North America L.P. owned approximately 0.06% of Exterran Corporation worth $552,000 at the end of the most recent reporting period.
Several other large investors also recently bought and sold shares of EXTN. Nisa Investment Advisors LLC lifted its holdings in Exterran Corporation by 4.0% during the 2nd quarter. Nisa Investment Advisors LLC now owns 3,940 shares of the energy company’s stock worth $105,000 after buying an additional 150 shares in the last quarter. State of Alaska Department of Revenue lifted its holdings in Exterran Corporation by 2.7% during the 1st quarter. State of Alaska Department of Revenue now owns 3,480 shares of the energy company’s stock worth $109,000 after buying an additional 90 shares in the last quarter. Meeder Asset Management Inc. acquired a new stake in Exterran Corporation during the 2nd quarter worth approximately $134,000. Municipal Employees Retirement System of Michigan lifted its holdings in Exterran Corporation by 4.2% during the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 7,450 shares of the energy company’s stock worth $199,000 after buying an additional 300 shares in the last quarter. Finally, BNP Paribas Arbitrage SA lifted its holdings in Exterran Corporation by 13.0% during the 1st quarter. BNP Paribas Arbitrage SA now owns 6,418 shares of the energy company’s stock worth $202,000 after buying an additional 739 shares in the last quarter. 89.92% of the stock is owned by hedge funds and other institutional investors.
A number of research firms have issued reports on EXTN. Zacks Investment Research lowered shares of Exterran Corporation from a “strong-buy” rating to a “hold” rating in a report on Monday, May 29th. BidaskClub upgraded shares of Exterran Corporation from a “sell” rating to a “hold” rating in a report on Thursday, July 6th. Finally, ValuEngine upgraded shares of Exterran Corporation from a “sell” rating to a “hold” rating in a report on Friday, June 2nd. Five analysts have rated the stock with a hold rating, The stock currently has a consensus rating of “Hold” and an average price target of $30.00.
Shares of Exterran Corporation (NYSE:EXTN) opened at 28.67 on Wednesday. The firm’s market capitalization is $1.03 billion. The firm’s 50-day moving average is $26.68 and its 200-day moving average is $27.98. Exterran Corporation has a 12-month low of $12.73 and a 12-month high of $34.05.
Exterran Corporation (NYSE:EXTN) last released its quarterly earnings data on Monday, August 7th. The energy company reported ($0.16) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.53) by $0.37. Exterran Corporation had a negative net margin of 1.45% and a negative return on equity of 5.57%. The company had revenue of $330.59 million during the quarter, compared to the consensus estimate of $329.50 million. Equities research analysts forecast that Exterran Corporation will post $0.09 EPS for the current fiscal year.
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About Exterran Corporation
Exterran Corporation provides compression, production and processing products and services that support the production and transportation of oil and natural gas around the world. The Company operates through three segments: contract operations, aftermarket services, and oil and gas product sales. The contract operations segment provides natural gas compression services, production and processing equipment services, and maintenance services to meet specific customer requirements on assets owned by it.
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