Sykon Capital LLC Has $473,000 Stock Holdings in KLX Energy Services Holdings, Inc. (NASDAQ:KLXE)

Sykon Capital LLC cut its stake in shares of KLX Energy Services Holdings, Inc. (NASDAQ:KLXE) by 3.4% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 42,000 shares of the company’s stock after selling 1,500 shares during the period. Sykon Capital LLC’s holdings in KLX Energy Services were worth $473,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Bank of New York Mellon Corp raised its position in KLX Energy Services by 4.5% during the third quarter. Bank of New York Mellon Corp now owns 63,422 shares of the company’s stock valued at $752,000 after buying an additional 2,716 shares during the period. Steamboat Capital Partners LLC raised its position in KLX Energy Services by 1.9% during the third quarter. Steamboat Capital Partners LLC now owns 168,916 shares of the company’s stock valued at $2,002,000 after buying an additional 3,135 shares during the period. Gamco Investors INC. ET AL raised its position in KLX Energy Services by 21.1% during the third quarter. Gamco Investors INC. ET AL now owns 23,000 shares of the company’s stock valued at $273,000 after buying an additional 4,000 shares during the period. Connor Clark & Lunn Investment Management Ltd. acquired a new position in KLX Energy Services during the third quarter valued at $238,000. Finally, Gendell Jeffrey L raised its position in KLX Energy Services by 5.9% during the third quarter. Gendell Jeffrey L now owns 1,502,192 shares of the company’s stock valued at $17,801,000 after buying an additional 83,140 shares during the period. 42.69% of the stock is owned by institutional investors and hedge funds.

KLX Energy Services Stock Up 3.0 %

NASDAQ:KLXE traded up $0.20 during trading hours on Friday, hitting $6.77. 133,649 shares of the company’s stock traded hands, compared to its average volume of 201,597. The firm has a market cap of $113.26 million, a P/E ratio of 5.42 and a beta of 2.15. KLX Energy Services Holdings, Inc. has a twelve month low of $6.24 and a twelve month high of $13.42. The company has a debt-to-equity ratio of 8.26, a quick ratio of 1.56 and a current ratio of 1.77. The stock’s fifty day moving average price is $7.44 and its two-hundred day moving average price is $9.11.

KLX Energy Services (NASDAQ:KLXE) last issued its earnings results on Wednesday, March 6th. The company reported ($0.54) earnings per share for the quarter, missing the consensus estimate of ($0.20) by ($0.34). KLX Energy Services had a return on equity of 62.68% and a net margin of 2.16%. The firm had revenue of $194.20 million during the quarter, compared to analyst estimates of $193.70 million. On average, research analysts expect that KLX Energy Services Holdings, Inc. will post -0.46 earnings per share for the current fiscal year.

KLX Energy Services Profile

KLX Energy Services Holdings, Inc provides drilling, completions, production, and well intervention services and products to the onshore oil and gas producing regions of the United States. The company operates through three segments: Southwest, Rocky Mountains, and Northeast/Mid-Con. It provides directional drilling services; downhole navigational and rental tools businesses and support services, including well planning, site supervision, accommodation rentals, and other drilling rentals; and various technologies, including gamma ray, azimuthal gamma ray, real-time continuous inclination and azimuth, rotary steerable, pressure-while-drilling, mode shifting, stick-slip and destructive dynamics, dynamic sequencing and real-time shock, and vibration modules.