JPMorgan Chase & Co. Cuts Stock Holdings in Expro Group Holdings (NYSE:XPRO)

JPMorgan Chase & Co. trimmed its holdings in shares of Expro Group Holdings (NYSE:XPRO - Free Report) by 15.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 213,168 shares of the company's stock after selling 38,715 shares during the period. JPMorgan Chase & Co. owned about 0.18% of Expro Group worth $2,658,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Barclays PLC increased its holdings in Expro Group by 40.1% in the 3rd quarter. Barclays PLC now owns 473,492 shares of the company's stock worth $8,129,000 after acquiring an additional 135,481 shares during the last quarter. Geode Capital Management LLC increased its holdings in Expro Group by 9.4% in the 3rd quarter. Geode Capital Management LLC now owns 2,326,582 shares of the company's stock worth $39,956,000 after acquiring an additional 199,554 shares during the last quarter. SG Americas Securities LLC increased its holdings in Expro Group by 60.4% in the 4th quarter. SG Americas Securities LLC now owns 35,995 shares of the company's stock worth $449,000 after acquiring an additional 13,553 shares during the last quarter. KBC Group NV increased its holdings in Expro Group by 75.3% in the 4th quarter. KBC Group NV now owns 5,968 shares of the company's stock worth $74,000 after acquiring an additional 2,563 shares during the last quarter. Finally, R Squared Ltd purchased a new stake in Expro Group in the 4th quarter worth about $27,000. 92.07% of the stock is currently owned by institutional investors.

Expro Group Price Performance

Shares of NYSE XPRO traded down $0.14 during midday trading on Monday, hitting $8.04. 1,183,453 shares of the company's stock were exchanged, compared to its average volume of 1,212,387. Expro Group Holdings has a 12-month low of $6.70 and a 12-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. The company has a market cap of $932.87 million, a price-to-earnings ratio of 57.43, a PEG ratio of 1.28 and a beta of 0.98. The business's fifty day moving average price is $9.79 and its two-hundred day moving average price is $12.15.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the company. The Goldman Sachs Group decreased their price objective on Expro Group from $17.00 to $12.00 and set a "neutral" rating for the company in a report on Thursday, April 10th. Barclays reduced their target price on Expro Group from $17.00 to $14.00 and set an "overweight" rating for the company in a report on Wednesday, March 5th.

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.