Expro Group Holdings (NYSE:XPRO) Shares Bought by Brown Advisory Inc.

Brown Advisory Inc. boosted its holdings in shares of Expro Group Holdings (NYSE:XPRO - Free Report) by 108.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,686,177 shares of the company's stock after buying an additional 876,619 shares during the period. Brown Advisory Inc. owned approximately 1.44% of Expro Group worth $21,027,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently added to or reduced their stakes in the company. R Squared Ltd purchased a new position in Expro Group during the fourth quarter worth approximately $27,000. Sterling Capital Management LLC raised its position in Expro Group by 824.7% during the fourth quarter. Sterling Capital Management LLC now owns 3,033 shares of the company's stock worth $38,000 after acquiring an additional 2,705 shares during the period. US Bancorp DE increased its stake in shares of Expro Group by 56.0% during the fourth quarter. US Bancorp DE now owns 4,171 shares of the company's stock worth $52,000 after purchasing an additional 1,497 shares in the last quarter. KBC Group NV increased its stake in shares of Expro Group by 75.3% during the fourth quarter. KBC Group NV now owns 5,968 shares of the company's stock worth $74,000 after purchasing an additional 2,563 shares in the last quarter. Finally, Tower Research Capital LLC TRC increased its stake in shares of Expro Group by 1,413.7% during the fourth quarter. Tower Research Capital LLC TRC now owns 11,126 shares of the company's stock worth $139,000 after purchasing an additional 10,391 shares in the last quarter. 92.07% of the stock is owned by institutional investors and hedge funds.

Expro Group Stock Up 5.5%

NYSE:XPRO traded up $0.46 during midday trading on Monday, reaching $8.73. The company had a trading volume of 226,558 shares, compared to its average volume of 1,235,468. The firm has a market capitalization of $1.01 billion, a price-to-earnings ratio of 62.43, a PEG ratio of 1.28 and a beta of 1.17. The stock's fifty day simple moving average is $9.07 and its 200-day simple moving average is $11.63. 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.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on XPRO shares. Barclays decreased their target price on Expro Group from $14.00 to $12.00 and set an "overweight" rating on the stock in a research report on Wednesday, May 7th. The Goldman Sachs Group decreased their target price on Expro Group from $17.00 to $12.00 and set a "neutral" rating on the stock in a research report on Thursday, April 10th.

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.