Expro Group Holdings (NYSE:XPRO) Shares Bought by T. Rowe Price Investment Management Inc.

T. Rowe Price Investment Management Inc. lifted its stake in shares of Expro Group Holdings (NYSE:XPRO - Free Report) by 27.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 11,125,506 shares of the company's stock after acquiring an additional 2,426,258 shares during the quarter. T. Rowe Price Investment Management Inc. owned 9.47% of Expro Group worth $138,736,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. R Squared Ltd purchased a new position in shares of Expro Group in the 4th quarter valued at about $27,000. Sterling Capital Management LLC lifted its stake in Expro Group by 824.7% in the fourth quarter. Sterling Capital Management LLC now owns 3,033 shares of the company's stock worth $38,000 after acquiring an additional 2,705 shares during the last quarter. US Bancorp DE grew its holdings in Expro Group by 56.0% during the 4th quarter. US Bancorp DE now owns 4,171 shares of the company's stock worth $52,000 after acquiring an additional 1,497 shares in the last quarter. KBC Group NV increased its position in shares of Expro Group by 75.3% in the 4th quarter. KBC Group NV now owns 5,968 shares of the company's stock valued at $74,000 after purchasing an additional 2,563 shares during the last quarter. Finally, Tower Research Capital LLC TRC raised its holdings in shares of Expro Group by 1,413.7% in the 4th quarter. Tower Research Capital LLC TRC now owns 11,126 shares of the company's stock valued at $139,000 after purchasing an additional 10,391 shares in the last quarter. 92.07% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities analysts recently commented on the stock. The Goldman Sachs Group lowered their target price on shares of Expro Group from $17.00 to $12.00 and set a "neutral" rating for the company in a research note on Thursday, April 10th. Barclays dropped their price objective on Expro Group from $17.00 to $14.00 and set an "overweight" rating on the stock in a report on Wednesday, March 5th.

Expro Group Stock Down 2.2 %

Shares of NYSE XPRO traded down $0.18 during mid-day trading on Wednesday, reaching $7.86. The company had a trading volume of 437,929 shares, compared to its average volume of 1,211,155. The firm has a 50 day simple moving average of $9.69 and a two-hundred day simple moving average of $12.12. Expro Group Holdings has a 52-week low of $6.70 and a 52-week 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 stock has a market cap of $911.98 million, a P/E ratio of 56.15, a PEG ratio of 1.28 and a beta of 0.98.

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.