Schonfeld Strategic Advisors LLC Takes Position in Expro Group Holdings (NYSE:XPRO)

Schonfeld Strategic Advisors LLC acquired a new position in Expro Group Holdings (NYSE:XPRO - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 58,734 shares of the company's stock, valued at approximately $732,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. boosted its position in shares of Expro Group by 479.8% in the third quarter. JPMorgan Chase & Co. now owns 251,883 shares of the company's stock worth $4,325,000 after buying an additional 208,443 shares during the period. Barclays PLC grew its stake 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 acquiring an additional 135,481 shares in the last quarter. Massachusetts Financial Services Co. MA increased its holdings in shares of Expro Group by 19.8% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 1,925,259 shares of the company's stock valued at $24,008,000 after purchasing an additional 318,043 shares during the period. Sei Investments Co. lifted its position in shares of Expro Group by 66.6% in the fourth quarter. Sei Investments Co. now owns 50,950 shares of the company's stock worth $635,000 after purchasing an additional 20,365 shares in the last quarter. Finally, Invesco Ltd. grew its position in Expro Group by 58.5% during the fourth quarter. Invesco Ltd. now owns 222,519 shares of the company's stock valued at $2,775,000 after purchasing an additional 82,142 shares in the last quarter. 92.07% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

XPRO has been the subject of a number of research reports. Barclays decreased their target price 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. The Goldman Sachs Group lowered their target price on Expro Group from $17.00 to $12.00 and set a "neutral" rating on the stock in a research note on Thursday, April 10th.

Expro Group Price Performance

NYSE XPRO opened at $8.25 on Friday. The company has a 50 day moving average price of $9.07 and a two-hundred day moving average price of $11.68. Expro Group Holdings has a 12-month low of $6.70 and a 12-month high of $24.50. The stock has a market capitalization of $951.98 million, a PE ratio of 58.93, a price-to-earnings-growth ratio of 1.28 and a beta of 1.17. The company has a quick ratio of 1.62, a current ratio of 1.98 and a debt-to-equity ratio of 0.09.

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.

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