T. Rowe Price Investment Management Inc. Grows Position in Expro Group Holdings (NYSE:XPRO)

T. Rowe Price Investment Management Inc. boosted its stake in shares of Expro Group Holdings (NYSE:XPRO) by 27.9% in the 4th quarter, HoldingsChannel.com reports. The fund owned 11,125,506 shares of the company’s stock after buying an additional 2,426,258 shares during the period. T. Rowe Price Investment Management Inc. owned about 0.09% of Expro Group worth $138,736,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Vanguard Group Inc. grew its position in shares of Expro Group by 2.6% during the fourth quarter. Vanguard Group Inc. now owns 10,236,260 shares of the company’s stock valued at $127,646,000 after purchasing an additional 260,914 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in Expro Group by 18.1% during the 4th quarter. Dimensional Fund Advisors LP now owns 4,754,280 shares of the company’s stock valued at $59,283,000 after buying an additional 728,836 shares in the last quarter. Price T Rowe Associates Inc. MD increased its stake in Expro Group by 11.1% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 4,376,250 shares of the company’s stock worth $54,573,000 after acquiring an additional 436,411 shares during the last quarter. American Century Companies Inc. raised its holdings in shares of Expro Group by 32.3% during the 4th quarter. American Century Companies Inc. now owns 4,206,985 shares of the company’s stock worth $52,461,000 after acquiring an additional 1,027,825 shares in the last quarter. Finally, William Blair Investment Management LLC boosted its position in shares of Expro Group by 37.0% during the 4th quarter. William Blair Investment Management LLC now owns 2,809,682 shares of the company’s stock valued at $35,037,000 after acquiring an additional 758,449 shares during the last quarter. 92.07% of the stock is currently owned by institutional investors.

Expro Group Stock Up 3.1 %

Shares of XPRO opened at $8.33 on Friday. The company has a quick ratio of 1.62, a current ratio of 1.98 and a debt-to-equity ratio of 0.09. The business has a fifty day moving average of $10.02 and a 200 day moving average of $12.34. The company has a market cap of $966.51 million, a PE ratio of 59.50, a P/E/G ratio of 1.28 and a beta of 0.98. Expro Group Holdings has a 52-week low of $6.70 and a 52-week high of $24.50.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on XPRO shares. The Goldman Sachs Group decreased their price target on shares of Expro Group from $17.00 to $12.00 and set a “neutral” rating on the stock in a research note on Thursday, April 10th. Barclays lowered their price target on shares of Expro Group from $17.00 to $14.00 and set an “overweight” rating for the company in a 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.