Earnest Partners LLC Trims Stake in Expro Group Holdings (NYSE:XPRO)

Earnest Partners LLC lowered its stake in shares of Expro Group Holdings (NYSE:XPRO - Free Report) by 3.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 4,461,932 shares of the company's stock after selling 144,282 shares during the period. Earnest Partners LLC owned 3.80% of Expro Group worth $55,640,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. R Squared Ltd bought a new stake in Expro Group during the 4th quarter valued at $27,000. Sterling Capital Management LLC increased its position in shares of Expro Group by 824.7% during the fourth quarter. Sterling Capital Management LLC now owns 3,033 shares of the company's stock valued at $38,000 after buying an additional 2,705 shares during the period. US Bancorp DE lifted its holdings in shares of Expro Group by 56.0% in the fourth quarter. US Bancorp DE now owns 4,171 shares of the company's stock worth $52,000 after buying an additional 1,497 shares in the last quarter. KBC Group NV boosted its position in shares of Expro Group by 75.3% in the fourth quarter. KBC Group NV now owns 5,968 shares of the company's stock valued at $74,000 after acquiring an additional 2,563 shares during the period. Finally, Tower Research Capital LLC TRC grew its stake in 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 valued at $139,000 after acquiring an additional 10,391 shares in the last quarter. Institutional investors own 92.07% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the company. Barclays decreased their target price on Expro Group from $17.00 to $14.00 and set an "overweight" rating on the stock in a research note on Wednesday, March 5th. The Goldman Sachs Group decreased their price target on shares of 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 Trading Up 1.2 %

Shares of NYSE:XPRO traded up $0.10 during trading on Friday, reaching $8.43. 1,082,132 shares of the company traded hands, compared to its average volume of 1,222,039. The company has a current ratio of 1.98, a quick ratio of 1.62 and a debt-to-equity ratio of 0.09. Expro Group Holdings has a 52-week low of $6.70 and a 52-week high of $24.50. The firm has a market capitalization of $978.12 million, a price-to-earnings ratio of 60.22, a P/E/G ratio of 1.28 and a beta of 0.98. The business's fifty day moving average is $9.41 and its 200-day moving average is $11.97.

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.