Sagefield Capital LP Purchases 32,626 Shares of Expro Group Holdings (NYSE:XPRO)

Sagefield Capital LP boosted its position in Expro Group Holdings (NYSE:XPRO - Free Report) by 4.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 827,032 shares of the company's stock after acquiring an additional 32,626 shares during the quarter. Expro Group accounts for 1.1% of Sagefield Capital LP's investment portfolio, making the stock its 23rd biggest position. Sagefield Capital LP owned 0.70% of Expro Group worth $10,313,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the business. Barclays PLC grew its holdings in Expro Group by 40.1% during the 3rd quarter. Barclays PLC now owns 473,492 shares of the company's stock valued at $8,129,000 after purchasing an additional 135,481 shares in the last quarter. JPMorgan Chase & Co. increased its stake in Expro Group by 479.8% during the third quarter. JPMorgan Chase & Co. now owns 251,883 shares of the company's stock valued at $4,325,000 after purchasing an additional 208,443 shares during the last quarter. SG Americas Securities LLC lifted its holdings in Expro Group by 60.4% in the fourth 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 grew its stake in Expro Group by 75.3% during the 4th quarter. KBC Group NV now owns 5,968 shares of the company's stock worth $74,000 after buying an additional 2,563 shares during the last quarter. Finally, R Squared Ltd bought a new position in Expro Group in the 4th quarter worth about $27,000. Hedge funds and other institutional investors own 92.07% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on XPRO shares. The Goldman Sachs Group lowered their price objective on shares of Expro Group from $17.00 to $12.00 and set a "neutral" rating on the stock in a research note on Thursday, April 10th. Barclays cut their price objective on shares of Expro Group from $14.00 to $12.00 and set an "overweight" rating on the stock in a research report on Wednesday, May 7th.

Expro Group Stock Performance

Shares of NYSE XPRO traded down $0.42 during trading hours on Wednesday, reaching $7.80. The stock had a trading volume of 839,078 shares, compared to its average volume of 1,232,321. Expro Group Holdings has a twelve month low of $6.70 and a twelve month high of $24.50. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.98 and a quick ratio of 1.62. The business's fifty day moving average is $8.79 and its two-hundred day moving average is $11.42. The company has a market cap of $899.47 million, a price-to-earnings ratio of 55.68, a PEG ratio of 1.28 and a beta of 1.17.

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.