Earnest Partners LLC Has $55.64 Million Holdings in Expro Group Holdings (NYSE:XPRO)

Earnest Partners LLC decreased its holdings in Expro Group Holdings (NYSE:XPRO - Free Report) by 3.1% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 4,461,932 shares of the company's stock after selling 144,282 shares during the quarter. Earnest Partners LLC owned 3.80% of Expro Group worth $55,640,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of XPRO. JPMorgan Chase & Co. increased its position in shares of Expro Group by 479.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 251,883 shares of the company's stock valued at $4,325,000 after purchasing an additional 208,443 shares during the period. Barclays PLC lifted its position in shares of Expro Group by 40.1% in the third quarter. Barclays PLC now owns 473,492 shares of the company's stock worth $8,129,000 after purchasing an additional 135,481 shares in the last quarter. Massachusetts Financial Services Co. MA grew its stake in Expro Group by 19.8% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 1,925,259 shares of the company's stock valued at $24,008,000 after purchasing an additional 318,043 shares in the last quarter. Sei Investments Co. lifted its stake in shares of Expro Group by 66.6% in the 4th quarter. Sei Investments Co. now owns 50,950 shares of the company's stock valued at $635,000 after purchasing an additional 20,365 shares during the last quarter. Finally, Vanguard Group Inc. raised its stake in shares of Expro Group by 2.6% in the 4th quarter. Vanguard Group Inc. now owns 10,236,260 shares of the company's stock valued at $127,646,000 after acquiring an additional 260,914 shares in the last quarter. 92.07% of the stock is owned by institutional investors and hedge funds.

Expro Group Stock Performance

Shares of NYSE:XPRO traded up $0.10 during trading on Friday, hitting $8.43. 1,082,132 shares of the stock were exchanged, compared to its average volume of 1,219,186. Expro Group Holdings has a 1-year low of $6.70 and a 1-year high of $24.50. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.62 and a current ratio of 1.98. The company has a market capitalization of $978.12 million, a price-to-earnings ratio of 60.22, a price-to-earnings-growth ratio of 1.28 and a beta of 0.98. The company's fifty day simple moving average is $9.50 and its 200-day simple moving average is $12.03.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the stock. Barclays reduced their price objective on shares of Expro Group from $17.00 to $14.00 and set an "overweight" rating for the company in a research note on Wednesday, March 5th. The Goldman Sachs Group lowered their price objective 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 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.