Vanguard Group Inc. Sells 51,316 Shares of Expro Group Holdings N.V. $XPRO

Vanguard Group Inc. reduced its position in shares of Expro Group Holdings N.V. (NYSE:XPROFree Report) by 0.5% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 10,575,086 shares of the company’s stock after selling 51,316 shares during the quarter. Vanguard Group Inc. owned about 0.09% of Expro Group worth $141,177,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. AQR Capital Management LLC increased its position in Expro Group by 47.3% in the first quarter. AQR Capital Management LLC now owns 161,099 shares of the company’s stock worth $1,601,000 after purchasing an additional 51,727 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in Expro Group by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 56,285 shares of the company’s stock valued at $559,000 after purchasing an additional 2,463 shares during the last quarter. Goldman Sachs Group Inc. grew its stake in shares of Expro Group by 47.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 903,612 shares of the company’s stock worth $8,982,000 after buying an additional 292,198 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of Expro Group by 17.5% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 282,788 shares of the company’s stock worth $2,811,000 after buying an additional 42,203 shares during the last quarter. Finally, Jane Street Group LLC raised its position in shares of Expro Group by 732.6% during the 1st quarter. Jane Street Group LLC now owns 421,163 shares of the company’s stock valued at $4,186,000 after buying an additional 370,579 shares in the last quarter. 92.07% of the stock is owned by hedge funds and other institutional investors.

Expro Group Trading Up 3.3%

Shares of NYSE XPRO opened at $15.87 on Tuesday. The company has a quick ratio of 1.76, a current ratio of 2.13 and a debt-to-equity ratio of 0.06. The firm has a market cap of $1.80 billion, a PE ratio of 49.60 and a beta of 0.97. Expro Group Holdings N.V. has a twelve month low of $7.57 and a twelve month high of $18.73. The business has a fifty day simple moving average of $16.92 and a two-hundred day simple moving average of $15.51.

Expro Group (NYSE:XPROGet Free Report) last announced its quarterly earnings data on Thursday, February 19th. The company reported $0.21 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.21. Expro Group had a net margin of 2.32% and a return on equity of 3.91%. The firm had revenue of $382.13 million for the quarter, compared to analyst estimates of $413.47 million. During the same period in the previous year, the company earned $0.19 earnings per share. The business’s quarterly revenue was down 12.5% compared to the same quarter last year. Analysts expect that Expro Group Holdings N.V. will post 0.3 earnings per share for the current fiscal year.

Analyst Ratings Changes

XPRO has been the subject of several recent research reports. Freedom Capital lowered Expro Group from a “hold” rating to a “strong sell” rating in a research report on Wednesday, March 4th. Barclays raised their price objective on Expro Group from $21.00 to $23.00 and gave the company an “overweight” rating in a research note on Friday. Weiss Ratings cut Expro Group from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday. Finally, Piper Sandler increased their price target on Expro Group from $13.00 to $16.00 and gave the company an “underweight” rating in a report on Wednesday, April 15th. Three equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $16.50.

View Our Latest Report on Expro Group

Expro Group Profile

(Free Report)

Expro Group plc is a global energy services company that specializes in well flow management and well testing solutions for the oil and gas industry. The company’s core offerings include wellhead and pressure control systems, downhole well construction tools, subsea intervention services, and integrated tubular running services. These capabilities enable exploration and production companies to optimize well performance, enhance safety and mitigate operational risk throughout the drilling, completion and intervention phases of the well life cycle.

Founded in 1973, Expro has grown both organically and through targeted acquisitions to establish a presence in more than 30 countries.

Further Reading

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Institutional Ownership by Quarter for Expro Group (NYSE:XPRO)

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