Brown Advisory Inc. Buys 876,619 Shares of Expro Group Holdings (NYSE:XPRO)

Brown Advisory Inc. increased its position in Expro Group Holdings (NYSE:XPRO) by 108.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,686,177 shares of the company’s stock after purchasing an additional 876,619 shares during the quarter. Brown Advisory Inc. owned approximately 1.44% of Expro Group worth $21,027,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the company. T. Rowe Price Investment Management Inc. raised its stake in Expro Group by 27.9% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 11,125,506 shares of the company’s stock worth $138,736,000 after buying an additional 2,426,258 shares in the last quarter. Vanguard Group Inc. raised its position in shares of Expro Group by 2.6% in the 4th quarter. Vanguard Group Inc. now owns 10,236,260 shares of the company’s stock worth $127,646,000 after acquiring an additional 260,914 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of Expro Group by 18.1% during the 4th quarter. Dimensional Fund Advisors LP now owns 4,754,280 shares of the company’s stock worth $59,283,000 after purchasing an additional 728,836 shares during the last quarter. Price T Rowe Associates Inc. MD grew its stake in Expro Group by 11.1% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 4,376,250 shares of the company’s stock valued at $54,573,000 after purchasing an additional 436,411 shares during the last quarter. Finally, American Century Companies Inc. raised its holdings in Expro Group by 32.3% in the fourth quarter. American Century Companies Inc. now owns 4,206,985 shares of the company’s stock worth $52,461,000 after purchasing an additional 1,027,825 shares in the last quarter. 92.07% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on XPRO. Barclays cut their price objective on shares of Expro Group from $17.00 to $14.00 and set an “overweight” rating on the stock in a research report on Wednesday, March 5th. 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.

Expro Group Stock Performance

Shares of Expro Group stock opened at $7.70 on Wednesday. The company has a 50 day moving average price of $9.24 and a 200 day moving average price of $11.81. The firm has a market capitalization of $887.93 million, a P/E ratio of 54.97, a PEG ratio of 1.28 and a beta of 1.17. The company has a quick ratio of 1.62, a current ratio of 1.98 and a debt-to-equity ratio of 0.09. Expro Group Holdings has a 52 week low of $6.70 and a 52 week high of $24.50.

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.