Expro Group Holdings (NYSE:XPRO) Shares Sold by CoreCommodity Management LLC

CoreCommodity Management LLC lowered its stake in shares of Expro Group Holdings (NYSE:XPRO) by 4.0% in the fourth quarter, HoldingsChannel reports. The fund owned 67,641 shares of the company’s stock after selling 2,799 shares during the quarter. CoreCommodity Management LLC’s holdings in Expro Group were worth $843,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of XPRO. R Squared Ltd purchased a new stake in Expro Group in the fourth quarter valued at approximately $27,000. Sterling Capital Management LLC boosted its holdings in shares of Expro Group by 824.7% in 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 boosted its holdings in shares of Expro Group by 56.0% in 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 stake in shares of 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 buying an additional 2,563 shares during the period. Finally, Tower Research Capital LLC TRC increased its holdings in shares of Expro Group by 1,413.7% during the 4th quarter. Tower Research Capital LLC TRC now owns 11,126 shares of the company’s stock worth $139,000 after buying an additional 10,391 shares during the last quarter. Institutional investors and hedge funds own 92.07% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on XPRO shares. The Goldman Sachs Group reduced their price objective on 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 reduced their price target 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.

Expro Group Stock Down 3.6 %

Shares of NYSE XPRO opened at $7.70 on Wednesday. The stock has a fifty day moving average price of $9.24 and a 200 day moving average price of $11.81. The company has a market cap of $887.93 million, a P/E ratio of 54.97, a P/E/G ratio of 1.28 and a beta of 1.17. Expro Group Holdings has a 12-month low of $6.70 and a 12-month high of $24.50. The company has a current ratio of 1.98, a quick ratio of 1.62 and a debt-to-equity ratio of 0.09.

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.