Expro Group Holdings (NYSE:XPRO) Shares Bought by Federated Hermes Inc.

Federated Hermes Inc. raised its position in shares of Expro Group Holdings (NYSE:XPRO - Free Report) by 93,847.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 175,681 shares of the company's stock after buying an additional 175,494 shares during the quarter. Federated Hermes Inc. owned about 0.16% of Expro Group worth $2,797,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in XPRO. Bank of New York Mellon Corp boosted its holdings in shares of Expro Group by 16.7% in the 3rd quarter. Bank of New York Mellon Corp now owns 1,419,697 shares of the company's stock worth $32,980,000 after purchasing an additional 203,328 shares during the period. Verdence Capital Advisors LLC boosted its holdings in shares of Expro Group by 4.1% in the 3rd quarter. Verdence Capital Advisors LLC now owns 16,395 shares of the company's stock worth $381,000 after purchasing an additional 653 shares during the period. Allspring Global Investments Holdings LLC boosted its holdings in shares of Expro Group by 612.4% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 1,952 shares of the company's stock worth $45,000 after purchasing an additional 1,678 shares during the period. Jennison Associates LLC boosted its holdings in shares of Expro Group by 13.2% in the 3rd quarter. Jennison Associates LLC now owns 524,373 shares of the company's stock worth $12,181,000 after purchasing an additional 61,121 shares during the period. Finally, Principal Financial Group Inc. boosted its holdings in shares of Expro Group by 139.5% in the 3rd quarter. Principal Financial Group Inc. now owns 45,243 shares of the company's stock worth $1,051,000 after purchasing an additional 26,356 shares during the period. Hedge funds and other institutional investors own 92.07% of the company's stock.

Expro Group Trading Up 1.0 %

Shares of XPRO stock traded up $0.20 on Friday, reaching $20.15. 836,929 shares of the company's stock were exchanged, compared to its average volume of 794,735. Expro Group Holdings has a 52 week low of $14.33 and a 52 week high of $25.04. The company has a current ratio of 1.74, a quick ratio of 1.45 and a debt-to-equity ratio of 0.03. The stock has a market capitalization of $2.22 billion, a PE ratio of -111.94 and a beta of 0.91. The company's fifty day simple moving average is $19.11 and its 200 day simple moving average is $17.62.

Expro Group (NYSE:XPRO - Get Free Report) last issued its quarterly earnings results on Wednesday, February 21st. The company reported ($0.11) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.04) by ($0.07). Expro Group had a positive return on equity of 0.76% and a negative net margin of 1.26%. The business had revenue of $406.75 million for the quarter, compared to the consensus estimate of $382.91 million. During the same period in the prior year, the business posted $0.12 earnings per share. Expro Group's revenue was up 15.9% on a year-over-year basis. As a group, analysts forecast that Expro Group Holdings will post 0.75 EPS for the current year.

Wall Street Analyst Weigh In

Separately, Barclays lifted their target price on Expro Group from $17.00 to $18.00 and gave the stock an "equal weight" rating in a report on Thursday, February 29th.

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.