Bank of America Corp DE Sells 187,941 Shares of Expro Group Holdings (NYSE:XPRO)

Bank of America Corp DE trimmed its stake in Expro Group Holdings (NYSE:XPRO - Free Report) by 48.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 202,726 shares of the company's stock after selling 187,941 shares during the period. Bank of America Corp DE owned about 0.17% of Expro Group worth $2,528,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. R Squared Ltd bought a new stake in Expro Group in the fourth quarter valued at $27,000. Sterling Capital Management LLC boosted its stake in 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 purchasing an additional 2,705 shares in the last quarter. US Bancorp DE boosted its stake in 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 purchasing an additional 1,497 shares in the last quarter. KBC Group NV boosted its stake 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 in the last quarter. Finally, Tower Research Capital LLC TRC boosted its stake in Expro Group by 1,413.7% in the fourth quarter. Tower Research Capital LLC TRC now owns 11,126 shares of the company's stock worth $139,000 after purchasing an additional 10,391 shares in the last quarter. 92.07% of the stock is currently owned by institutional investors.

Expro Group Trading Down 0.9%

Shares of XPRO traded down $0.08 during trading hours on Thursday, hitting $8.50. 955,630 shares of the stock traded hands, compared to its average volume of 1,235,840. 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 market capitalization of $980.82 million, a PE ratio of 60.72, a price-to-earnings-growth ratio of 1.28 and a beta of 1.18. The business has a fifty day moving average of $8.28 and a 200-day moving average of $11.02.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on XPRO shares. Wells Fargo & Company started coverage on Expro Group in a research note on Tuesday, May 27th. They issued an "overweight" rating and a $12.00 price objective on the stock. Barclays reduced their price objective on Expro Group from $14.00 to $12.00 and set an "overweight" rating on the stock in a research note on Wednesday, May 7th. Finally, The Goldman Sachs Group reduced 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 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.