Summit Trail Advisors LLC Takes Position in Expro Group Holdings N.V. (NYSE:XPRO)

Summit Trail Advisors LLC bought a new stake in shares of Expro Group Holdings N.V. (NYSE:XPRO - Free Report) in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 27,676 shares of the company's stock, valued at approximately $275,000.

Several other institutional investors and hedge funds have also modified their holdings of the business. T. Rowe Price Investment Management Inc. increased its stake in Expro Group by 27.9% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 11,125,506 shares of the company's stock worth $138,736,000 after acquiring an additional 2,426,258 shares during the last quarter. Vanguard Group Inc. lifted its holdings in shares of Expro Group by 2.6% during the 4th quarter. Vanguard Group Inc. now owns 10,236,260 shares of the company's stock valued at $127,646,000 after purchasing an additional 260,914 shares during the last quarter. Dimensional Fund Advisors LP increased its position 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 valued at $59,283,000 after buying an additional 728,836 shares in the last quarter. Price T Rowe Associates Inc. MD raised its stake in Expro Group by 11.1% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 4,376,250 shares of the company's stock valued at $54,573,000 after buying an additional 436,411 shares during the last quarter. Finally, American Century Companies Inc. grew its stake 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 valued at $52,461,000 after purchasing an additional 1,027,825 shares during the last quarter. Hedge funds and other institutional investors own 92.07% of the company's stock.

Expro Group Price Performance

Shares of NYSE:XPRO traded down $0.26 during trading on Friday, reaching $9.01. The stock had a trading volume of 454,206 shares, compared to its average volume of 1,255,642. The business has a fifty day moving average price of $8.59 and a 200-day moving average price of $10.47. Expro Group Holdings N.V. has a 1-year low of $6.70 and a 1-year high of $24.50. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.74 and a current ratio of 2.11. The stock has a market cap of $1.04 billion, a PE ratio of 15.53, a PEG ratio of 0.91 and a beta of 1.17.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the stock. Wells Fargo & Company began coverage on shares of Expro Group in a research note on Tuesday, May 27th. They set an "overweight" rating and a $12.00 target price on the stock. Barclays decreased their target price on Expro Group from $14.00 to $12.00 and set an "overweight" rating on the stock in a research report on Wednesday, May 7th. Finally, The Goldman Sachs Group reduced their price objective on shares of Expro Group from $17.00 to $12.00 and set a "neutral" rating for the company in a research report 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.