Ameriprise Financial Inc. Raises Holdings in Expro Group Holdings (NYSE:XPRO)

Ameriprise Financial Inc. increased its holdings in Expro Group Holdings (NYSE:XPRO - Free Report) by 42.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 327,125 shares of the company's stock after purchasing an additional 96,803 shares during the period. Ameriprise Financial Inc. owned 0.28% of Expro Group worth $4,079,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the stock. R Squared Ltd bought a new position in Expro Group during the 4th quarter worth $27,000. Sterling Capital Management LLC lifted its stake in shares of Expro Group by 824.7% in the fourth quarter. Sterling Capital Management LLC now owns 3,033 shares of the company's stock worth $38,000 after buying an additional 2,705 shares during the last quarter. US Bancorp DE grew its stake 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 acquiring an additional 1,497 shares during the last quarter. KBC Group NV lifted its position in Expro Group by 75.3% in 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 during the period. Finally, Tower Research Capital LLC TRC lifted its holdings 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 valued at $139,000 after acquiring an additional 10,391 shares during the period. 92.07% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

XPRO has been the subject of a number of recent analyst reports. The Goldman Sachs Group dropped their price objective on Expro Group from $17.00 to $12.00 and set a "neutral" rating for the company in a report on Thursday, April 10th. Wells Fargo & Company started coverage on shares of Expro Group in a research note on Tuesday. They issued an "overweight" rating and a $12.00 price objective for the company. Finally, Barclays reduced their price objective on shares of Expro Group from $14.00 to $12.00 and set an "overweight" rating for the company in a research report on Wednesday, May 7th.

Expro Group Stock Performance

Shares of XPRO stock traded down $0.26 on Friday, reaching $8.34. The stock had a trading volume of 194,546 shares, compared to its average volume of 1,225,195. 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 stock has a market cap of $962.59 million, a P/E ratio of 59.40, a price-to-earnings-growth ratio of 1.28 and a beta of 1.17. The company has a 50 day simple moving average of $8.44 and a 200 day simple moving average of $11.16. Expro Group Holdings has a 1 year low of $6.70 and a 1 year high of $24.50.

Expro Group Company 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.