Boston Partners Grows Position in Expro Group Holdings (NYSE:XPRO)

Boston Partners increased its holdings in shares of Expro Group Holdings (NYSE:XPRO - Free Report) by 18.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,680,446 shares of the company's stock after acquiring an additional 258,172 shares during the period. Boston Partners owned approximately 1.52% of Expro Group worth $27,084,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Dimensional Fund Advisors LP increased its holdings in Expro Group by 45.3% in the 4th quarter. Dimensional Fund Advisors LP now owns 2,672,872 shares of the company's stock valued at $42,554,000 after acquiring an additional 833,928 shares during the last quarter. TimesSquare Capital Management LLC purchased a new stake in Expro Group in the 3rd quarter worth about $15,125,000. Loomis Sayles & Co. L P lifted its stake in Expro Group by 100.8% in the third quarter. Loomis Sayles & Co. L P now owns 1,272,501 shares of the company's stock worth $29,561,000 after purchasing an additional 638,703 shares during the last quarter. Wellington Management Group LLP boosted its position in shares of Expro Group by 64.4% during the third quarter. Wellington Management Group LLP now owns 1,025,006 shares of the company's stock valued at $23,811,000 after buying an additional 401,449 shares during the period. Finally, American Century Companies Inc. grew its stake in shares of Expro Group by 27.1% during the third quarter. American Century Companies Inc. now owns 1,861,245 shares of the company's stock valued at $43,237,000 after buying an additional 396,887 shares during the last quarter. Hedge funds and other institutional investors own 92.07% of the company's stock.

Expro Group Stock Up 1.6 %

Shares of Expro Group stock traded up $0.33 during trading on Wednesday, hitting $21.32. 1,475,677 shares of the stock traded hands, compared to its average volume of 889,331. The company has a current ratio of 1.85, a quick ratio of 1.50 and a debt-to-equity ratio of 0.04. The stock's fifty day simple moving average is $19.37 and its 200 day simple moving average is $17.59. The firm has a market cap of $2.36 billion, a P/E ratio of -118.50 and a beta of 0.93. Expro Group Holdings has a 52-week low of $14.33 and a 52-week high of $25.04.

Expro Group (NYSE:XPRO - Get Free Report) last posted its earnings results on Wednesday, February 21st. The company reported ($0.11) EPS for the quarter, missing analysts' consensus estimates of ($0.04) by ($0.07). Expro Group had a negative net margin of 1.26% and a positive return on equity of 0.76%. The business had revenue of $406.75 million for the quarter, compared to analysts' expectations of $382.91 million. During the same period last year, the business posted $0.12 EPS. The company's revenue for the quarter was up 15.9% on a year-over-year basis. On average, equities analysts predict that Expro Group Holdings will post 0.81 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Separately, Barclays upgraded Expro Group from an "equal weight" rating to an "overweight" rating and boosted their price objective for the company from $18.00 to $27.00 in a report on Tuesday.

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.