Emerald Mutual Fund Advisers Trust Has $1.82 Million Stake in Expro Group Holdings (NYSE:XPRO)

Emerald Mutual Fund Advisers Trust trimmed its holdings in Expro Group Holdings (NYSE:XPRO - Free Report) by 80.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 145,625 shares of the company's stock after selling 593,455 shares during the period. Emerald Mutual Fund Advisers Trust owned about 0.12% of Expro Group worth $1,816,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in XPRO. Barclays PLC boosted its position in shares of Expro Group by 40.1% during the third quarter. Barclays PLC now owns 473,492 shares of the company's stock worth $8,129,000 after buying an additional 135,481 shares during the period. JPMorgan Chase & Co. boosted its position in shares of Expro Group by 479.8% during the third quarter. JPMorgan Chase & Co. now owns 251,883 shares of the company's stock worth $4,325,000 after buying an additional 208,443 shares during the period. SG Americas Securities LLC boosted its position in shares of Expro Group by 60.4% during the fourth quarter. SG Americas Securities LLC now owns 35,995 shares of the company's stock worth $449,000 after buying an additional 13,553 shares during the period. KBC Group NV boosted its position 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 buying an additional 2,563 shares during the period. Finally, R Squared Ltd acquired a new position in shares of Expro Group during the fourth quarter worth about $27,000. 92.07% of the stock is owned by institutional investors and hedge funds.

Expro Group Price Performance

Expro Group stock traded up $0.10 during mid-day trading on Thursday, reaching $8.37. 1,060,250 shares of the company were exchanged, compared to its average volume of 1,219,734. The company has a fifty day simple moving average of $9.50 and a 200-day simple moving average of $12.03. Expro Group Holdings has a 12 month low of $6.70 and a 12 month high of $24.50. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.98 and a quick ratio of 1.62. The firm has a market cap of $970.57 million, a PE ratio of 59.75, a PEG ratio of 1.28 and a beta of 0.98.

Analysts Set New Price Targets

Several brokerages recently commented on XPRO. Barclays reduced their price target on Expro Group from $17.00 to $14.00 and set an "overweight" rating for the company in a research report on Wednesday, March 5th. The Goldman Sachs Group dropped 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.

Expro Group Profile

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.