State Street Corp raised its holdings in shares of Exterran Corporation (NYSE:EXTN) by 0.5% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 885,161 shares of the energy company’s stock after purchasing an additional 4,138 shares during the period. State Street Corp owned approximately 2.47% of Exterran Corporation worth $23,631,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also modified their holdings of the company. Vanguard Group Inc. boosted its stake in Exterran Corporation by 3.0% during the 2nd quarter. Vanguard Group Inc. now owns 3,039,911 shares of the energy company’s stock valued at $81,166,000 after purchasing an additional 87,875 shares during the last quarter. Chicago Equity Partners LLC purchased a new stake in Exterran Corporation during the 2nd quarter valued at $1,631,000. Russell Investments Group Ltd. boosted its stake in Exterran Corporation by 14.4% during the 2nd quarter. Russell Investments Group Ltd. now owns 220,819 shares of the energy company’s stock valued at $5,895,000 after purchasing an additional 27,795 shares during the last quarter. Bank of New York Mellon Corp boosted its stake in Exterran Corporation by 10.9% during the 2nd quarter. Bank of New York Mellon Corp now owns 449,642 shares of the energy company’s stock valued at $12,005,000 after purchasing an additional 44,222 shares during the last quarter. Finally, Robotti Robert boosted its stake in Exterran Corporation by 26.5% during the 2nd quarter. Robotti Robert now owns 471,616 shares of the energy company’s stock valued at $9,891,000 after purchasing an additional 98,729 shares during the last quarter. Institutional investors and hedge funds own 90.31% of the company’s stock.
Shares of Exterran Corporation (EXTN) opened at $30.70 on Wednesday. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.39 and a quick ratio of 1.04. Exterran Corporation has a 52 week low of $16.17 and a 52 week high of $34.05.
Exterran Corporation (NYSE:EXTN) last issued its earnings results on Monday, November 6th. The energy company reported $0.09 EPS for the quarter, beating the consensus estimate of $0.03 by $0.06. The business had revenue of $327.10 million for the quarter, compared to the consensus estimate of $324.70 million. Exterran Corporation had a negative return on equity of 2.82% and a net margin of 0.04%. equities research analysts anticipate that Exterran Corporation will post -0.03 earnings per share for the current year.
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Several analysts have commented on EXTN shares. Zacks Investment Research upgraded Exterran Corporation from a “hold” rating to a “buy” rating and set a $32.00 target price on the stock in a research note on Thursday, July 20th. BidaskClub downgraded Exterran Corporation from a “hold” rating to a “sell” rating in a research note on Saturday, August 5th. Five analysts have rated the stock with a hold rating, Exterran Corporation has an average rating of “Hold” and a consensus price target of $30.00.
Exterran Corporation Company Profile
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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