Expro Group Holdings (NYSE:XPRO) Shares Purchased by Squarepoint Ops LLC

Squarepoint Ops LLC raised its position in Expro Group Holdings (NYSE:XPRO - Free Report) by 254.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 409,242 shares of the company's stock after purchasing an additional 293,744 shares during the quarter. Squarepoint Ops LLC owned 0.35% of Expro Group worth $5,103,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. T. Rowe Price Investment Management Inc. raised its holdings in shares of Expro Group by 27.9% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 11,125,506 shares of the company's stock valued at $138,736,000 after buying an additional 2,426,258 shares during the period. Millennium Management LLC acquired a new stake in Expro Group in the fourth quarter valued at approximately $21,711,000. American Century Companies Inc. raised its stake in shares of Expro Group by 32.3% during the fourth quarter. American Century Companies Inc. now owns 4,206,985 shares of the company's stock valued at $52,461,000 after purchasing an additional 1,027,825 shares during the period. Brown Advisory Inc. lifted its position in shares of Expro Group by 108.3% during the fourth quarter. Brown Advisory Inc. now owns 1,686,177 shares of the company's stock worth $21,027,000 after purchasing an additional 876,619 shares in the last quarter. Finally, William Blair Investment Management LLC boosted its stake in shares of Expro Group by 37.0% in the fourth quarter. William Blair Investment Management LLC now owns 2,809,682 shares of the company's stock valued at $35,037,000 after purchasing an additional 758,449 shares during the period. 92.07% of the stock is owned by institutional investors and hedge funds.

Expro Group Stock Down 2.9%

XPRO stock traded down $0.25 during mid-day trading on Friday, hitting $8.35. 291,547 shares of the company were exchanged, compared to its average volume of 1,225,917. The firm has a fifty day simple moving average of $8.44 and a 200 day simple moving average of $11.16. The company has a market capitalization of $963.40 million, a PE ratio of 59.55, a price-to-earnings-growth ratio of 1.28 and a beta of 1.17. Expro Group Holdings has a twelve month low of $6.70 and a twelve month high of $24.50. The company has a current ratio of 1.98, a quick ratio of 1.62 and a debt-to-equity ratio of 0.09.

Analyst Upgrades and Downgrades

XPRO has been the topic of several analyst reports. The Goldman Sachs Group dropped their price target 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. Wells Fargo & Company started coverage on Expro Group in a research note on Tuesday. They issued an "overweight" rating and a $12.00 price target on the stock. Finally, Barclays reduced their price target on Expro Group from $14.00 to $12.00 and set an "overweight" rating for the company in a report on Wednesday, May 7th.

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.