Voloridge Investment Management LLC Takes $2.56 Million Position in Expro Group Holdings (NYSE:XPRO)

Voloridge Investment Management LLC bought a new position in shares of Expro Group Holdings (NYSE:XPRO - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 205,544 shares of the company's stock, valued at approximately $2,563,000. Voloridge Investment Management LLC owned 0.17% of Expro Group at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. T. Rowe Price Investment Management Inc. increased its holdings in 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 worth $138,736,000 after acquiring an additional 2,426,258 shares during the period. Vanguard Group Inc. increased its holdings in Expro Group by 2.6% during the 4th quarter. Vanguard Group Inc. now owns 10,236,260 shares of the company's stock worth $127,646,000 after acquiring an additional 260,914 shares during the period. Dimensional Fund Advisors LP increased its holdings 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 worth $59,283,000 after acquiring an additional 728,836 shares during the period. Price T Rowe Associates Inc. MD increased its holdings in Expro Group by 11.1% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 4,376,250 shares of the company's stock worth $54,573,000 after acquiring an additional 436,411 shares during the period. Finally, American Century Companies Inc. increased its holdings 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 worth $52,461,000 after acquiring an additional 1,027,825 shares during the period. Institutional investors own 92.07% of the company's stock.

Wall Street Analyst Weigh In

XPRO has been the subject of a number of research reports. Barclays cut their price target on shares of Expro Group from $14.00 to $12.00 and set an "overweight" rating for the company in a research note on Wednesday, May 7th. The Goldman Sachs Group cut their price target on shares of Expro Group from $17.00 to $12.00 and set a "neutral" rating for the company in a research note on Thursday, April 10th. Finally, Wells Fargo & Company initiated coverage on shares of Expro Group in a research note on Tuesday, May 27th. They issued an "overweight" rating and a $12.00 price target for the company.

Expro Group Price Performance

XPRO stock traded down $0.27 during midday trading on Friday, reaching $8.33. The company had a trading volume of 1,538,973 shares, compared to its average volume of 1,234,854. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.98 and a quick ratio of 1.62. Expro Group Holdings has a 1 year low of $6.70 and a 1 year high of $24.50. The company has a market capitalization of $961.21 million, a P/E ratio of 59.50, a P/E/G ratio of 1.28 and a beta of 1.17. The firm has a 50-day moving average price of $8.39 and a 200-day moving average price of $11.09.

About Expro Group

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.