Guggenheim Capital LLC Boosts Holdings in Expro Group Holdings (NYSE:XPRO)

Guggenheim Capital LLC grew its position in Expro Group Holdings (NYSE:XPRO) by 24.6% during the 4th quarter, HoldingsChannel reports. The fund owned 18,270 shares of the company’s stock after purchasing an additional 3,608 shares during the period. Guggenheim Capital LLC’s holdings in Expro Group were worth $228,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in XPRO. R Squared Ltd bought a new position in Expro Group during the 4th quarter valued at about $27,000. Sterling Capital Management LLC grew its holdings in Expro Group by 824.7% during the 4th quarter. Sterling Capital Management LLC now owns 3,033 shares of the company’s stock valued at $38,000 after purchasing an additional 2,705 shares during the last quarter. US Bancorp DE grew its holdings in Expro Group by 56.0% during the 4th quarter. US Bancorp DE now owns 4,171 shares of the company’s stock valued at $52,000 after purchasing an additional 1,497 shares during the last quarter. KBC Group NV grew its holdings in Expro Group by 75.3% during the 4th quarter. KBC Group NV now owns 5,968 shares of the company’s stock valued at $74,000 after purchasing an additional 2,563 shares during the last quarter. Finally, Entropy Technologies LP bought a new position in Expro Group during the 4th quarter valued at about $173,000. Institutional investors own 92.07% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the stock. The Goldman Sachs Group cut their price target on shares of Expro Group from $17.00 to $12.00 and set a “neutral” rating on the stock in a report on Thursday, April 10th. Barclays dropped their target price on shares of Expro Group from $17.00 to $14.00 and set an “overweight” rating on the stock in a research note on Wednesday, March 5th.

Expro Group Price Performance

Shares of XPRO opened at $8.04 on Tuesday. The company has a 50 day moving average price of $9.79 and a 200-day moving average price of $12.15. Expro Group Holdings has a fifty-two week low of $6.70 and a fifty-two week high of $24.50. The stock has a market capitalization of $932.87 million, a PE ratio of 57.43, a PEG ratio of 1.28 and a beta of 0.98. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.62 and a current ratio of 1.98.

About Expro Group

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.