HPS Investment Partners LLC Has $22.45 Million Stake in Expro Group Holdings (NYSE:XPRO)

HPS Investment Partners LLC reduced its position in shares of Expro Group Holdings (NYSE:XPRO - Free Report) by 10.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,800,197 shares of the company's stock after selling 215,387 shares during the period. Expro Group makes up about 1.4% of HPS Investment Partners LLC's investment portfolio, making the stock its 2nd largest position. HPS Investment Partners LLC owned approximately 1.53% of Expro Group worth $22,448,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Vanguard Group Inc. raised its holdings in Expro Group by 2.6% during the 4th quarter. Vanguard Group Inc. now owns 10,236,260 shares of the company's stock worth $127,646,000 after buying an additional 260,914 shares during the period. Dimensional Fund Advisors LP raised its holdings in Expro Group by 18.1% during the 4th quarter. Dimensional Fund Advisors LP now owns 4,754,280 shares of the company's stock worth $59,283,000 after buying an additional 728,836 shares during the period. American Century Companies Inc. raised its holdings in Expro Group by 32.3% during the 4th quarter. American Century Companies Inc. now owns 4,206,985 shares of the company's stock worth $52,461,000 after buying an additional 1,027,825 shares during the period. William Blair Investment Management LLC raised its holdings in Expro Group by 37.0% during the 4th quarter. William Blair Investment Management LLC now owns 2,809,682 shares of the company's stock worth $35,037,000 after buying an additional 758,449 shares during the period. Finally, Geode Capital Management LLC raised its holdings in Expro Group by 9.4% during the 3rd quarter. Geode Capital Management LLC now owns 2,326,582 shares of the company's stock worth $39,956,000 after buying an additional 199,554 shares during the period. 92.07% of the stock is owned by institutional investors and hedge funds.

Expro Group Stock Down 2.0 %

NYSE:XPRO traded down $0.17 on Friday, hitting $8.17. 1,039,127 shares of the company's stock traded hands, compared to its average volume of 1,212,501. 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 1 year low of $6.70 and a 1 year high of $24.50. The firm has a 50-day moving average price of $9.91 and a 200-day moving average price of $12.22. The company has a market cap of $947.95 million, a PE ratio of 58.36, a price-to-earnings-growth ratio of 1.28 and a beta of 0.98.

Analyst Upgrades and Downgrades

Several analysts have issued reports on XPRO shares. Barclays cut their price objective on Expro Group from $17.00 to $14.00 and set an "overweight" rating on the stock in a report on Wednesday, March 5th. The Goldman Sachs Group cut their price objective on Expro Group from $17.00 to $12.00 and set a "neutral" rating on the stock in a 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.