Legal & General Group Plc bought a new stake in shares of Expro Group Holdings N.V. (NYSE:XPRO - Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 102,878 shares of the company's stock, valued at approximately $1,520,000. Legal & General Group Plc owned 0.09% of Expro Group at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also bought and sold shares of the stock. Price T Rowe Associates Inc. MD boosted its holdings in shares of Expro Group by 20.5% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 11,030,884 shares of the company's stock worth $147,264,000 after purchasing an additional 1,878,245 shares during the period. BlackRock Inc. bought a new stake in Expro Group during the 2nd quarter valued at about $117,773,000. Dimensional Fund Advisors LP lifted its stake in shares of Expro Group by 9.9% in the first quarter. Dimensional Fund Advisors LP now owns 5,917,574 shares of the company's stock worth $103,023,000 after buying an additional 533,741 shares in the last quarter. Jennison Associates LLC grew its holdings in shares of Expro Group by 7.9% during the first quarter. Jennison Associates LLC now owns 4,699,370 shares of the company's stock valued at $81,816,000 after buying an additional 342,449 shares during the last quarter. Finally, Webs Creek Capital Management LP purchased a new stake in shares of Expro Group during the second quarter valued at approximately $41,746,474. 92.07% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
Several equities research analysts recently weighed in on the stock. Barclays reduced their price target on shares of Expro Group from $20.00 to $19.00 and set an "overweight" rating for the company in a research report on Friday, July 31st. Weiss Ratings upgraded Expro Group from a "sell (d)" rating to a "sell (d+)" rating in a research note on Wednesday, July 29th. The Goldman Sachs Group set a $19.00 price target on Expro Group in a research note on Thursday, June 4th. Freedom Capital raised Expro Group from a "strong sell" rating to a "hold" rating in a report on Monday, May 18th. Finally, Zacks Research raised Expro Group from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, July 15th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, two have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, Expro Group currently has a consensus rating of "Hold" and a consensus target price of $18.00.
View Our Latest Analysis on Expro Group
Expro Group Trading Down 0.1%
NYSE:XPRO opened at $17.95 on Monday. The company has a market cap of $2.02 billion, a PE ratio of 99.72 and a beta of 0.92. The company has a current ratio of 2.13, a quick ratio of 1.76 and a debt-to-equity ratio of 0.06. The company has a 50 day simple moving average of $16.59 and a two-hundred day simple moving average of $16.47. Expro Group Holdings N.V. has a 12 month low of $11.60 and a 12 month high of $19.23.
Expro Group (NYSE:XPRO - Get Free Report) last released its quarterly earnings results on Tuesday, July 28th. The company reported $0.15 earnings per share for the quarter, missing the consensus estimate of $0.17 by ($0.02). The firm had revenue of $393.18 million for the quarter, compared to the consensus estimate of $387.36 million. Expro Group had a net margin of 1.33% and a return on equity of 3.27%. Expro Group's quarterly revenue was down 7.0% compared to the same quarter last year. During the same period in the previous year, the company earned $0.30 earnings per share. Research analysts forecast that Expro Group Holdings N.V. will post 0.53 earnings per share for the current year.
Expro Group Company Profile
(
Free Report)
Expro Group plc is a global energy services company that specializes in well flow management and well testing solutions for the oil and gas industry. The company’s core offerings include wellhead and pressure control systems, downhole well construction tools, subsea intervention services, and integrated tubular running services. These capabilities enable exploration and production companies to optimize well performance, enhance safety and mitigate operational risk throughout the drilling, completion and intervention phases of the well life cycle.
Founded in 1973, Expro has grown both organically and through targeted acquisitions to establish a presence in more than 30 countries.
Further Reading
Want to see what other hedge funds are holding XPRO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Expro Group Holdings N.V. (NYSE:XPRO - Free Report).
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Continue following MarketBeat
Add MarketBeat as your preferred source on Google to see our latest stories in your feed.
Before you consider Expro Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Expro Group wasn't on the list.
While Expro Group currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking to profit from the electric vehicle mega-trend? Click the link to see our list of which EV stocks show the most long-term potential.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
