Algert Global LLC Increases Stock Position in Expro Group Holdings (NYSE:XPRO)

Algert Global LLC raised its holdings in Expro Group Holdings (NYSE:XPRO - Free Report) by 953.6% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 178,056 shares of the company's stock after acquiring an additional 161,156 shares during the quarter. Algert Global LLC owned 0.15% of Expro Group worth $2,220,000 as of its most recent filing with the SEC.

Other institutional investors also recently made changes to their positions in the company. Schonfeld Strategic Advisors LLC purchased a new position in Expro Group in the 4th quarter valued at approximately $732,000. Oxford Asset Management LLP increased its position in shares of Expro Group by 139.4% in the fourth quarter. Oxford Asset Management LLP now owns 28,207 shares of the company's stock valued at $352,000 after buying an additional 16,423 shares in the last quarter. Nebula Research & Development LLC boosted its position in shares of Expro Group by 17.9% in the 4th quarter. Nebula Research & Development LLC now owns 39,093 shares of the company's stock worth $487,000 after buying an additional 5,927 shares in the last quarter. T. Rowe Price Investment Management Inc. boosted its position in shares of Expro Group by 27.9% in the 4th 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. Finally, Price T Rowe Associates Inc. MD grew 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 valued at $54,573,000 after acquiring an additional 436,411 shares during the last quarter. 92.07% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several analysts have issued reports on XPRO shares. The Goldman Sachs Group reduced 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 reduced their target price on Expro Group from $14.00 to $12.00 and set an "overweight" rating on the stock in a research note on Wednesday.

Expro Group Trading Up 0.9 %

Shares of NYSE XPRO traded up $0.07 during midday trading on Friday, reaching $8.25. 782,363 shares of the stock were exchanged, compared to its average volume of 1,239,389. The company has a current ratio of 1.98, a quick ratio of 1.62 and a debt-to-equity ratio of 0.09. The company has a market capitalization of $951.98 million, a P/E ratio of 58.93, a P/E/G ratio of 1.28 and a beta of 1.17. The stock has a 50 day moving average price of $9.07 and a 200-day moving average price of $11.65. 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.