Barclays PLC Has $8.13 Million Stock Position in Expro Group Holdings (NYSE:XPRO)

Barclays PLC increased its stake in Expro Group Holdings (NYSE:XPRO) by 40.1% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 473,492 shares of the company’s stock after purchasing an additional 135,481 shares during the period. Barclays PLC owned approximately 0.40% of Expro Group worth $8,129,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also bought and sold shares of XPRO. American Century Companies Inc. raised its position in shares of Expro Group by 6.1% in the 2nd quarter. American Century Companies Inc. now owns 5,594,611 shares of the company’s stock valued at $128,229,000 after buying an additional 320,112 shares in the last quarter. Earnest Partners LLC raised its position in Expro Group by 3.0% during the second quarter. Earnest Partners LLC now owns 4,752,815 shares of the company’s stock valued at $108,935,000 after purchasing an additional 140,617 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in Expro Group by 7.0% during the second quarter. Dimensional Fund Advisors LP now owns 3,334,758 shares of the company’s stock worth $76,435,000 after purchasing an additional 219,432 shares during the last quarter. State Street Corp boosted its holdings in shares of Expro Group by 7.6% in the 3rd quarter. State Street Corp now owns 2,692,260 shares of the company’s stock valued at $46,226,000 after purchasing an additional 189,085 shares in the last quarter. Finally, Jennison Associates LLC increased its stake in shares of Expro Group by 4.2% in the 3rd quarter. Jennison Associates LLC now owns 2,286,181 shares of the company’s stock valued at $39,254,000 after purchasing an additional 91,961 shares during the last quarter. Institutional investors own 92.07% of the company’s stock.

Insider Buying and Selling at Expro Group

In related news, CEO Michael Jardon acquired 45,200 shares of the business’s stock in a transaction that occurred on Tuesday, December 17th. The shares were bought at an average cost of $10.91 per share, with a total value of $493,132.00. Following the completion of the purchase, the chief executive officer now directly owns 336,674 shares in the company, valued at $3,673,113.34. The trade was a 15.51 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this link. Also, Director Robert Wayne Drummond, Jr. bought 18,000 shares of the firm’s stock in a transaction on Monday, December 16th. The shares were purchased at an average cost of $11.39 per share, with a total value of $205,020.00. Following the transaction, the director now directly owns 69,181 shares in the company, valued at approximately $787,971.59. This trade represents a 35.17 % increase in their position. The disclosure for this purchase can be found here. Corporate insiders own 1.50% of the company’s stock.

Expro Group Stock Up 0.4 %

Shares of XPRO opened at $11.09 on Wednesday. The stock has a market capitalization of $1.30 billion, a price-to-earnings ratio of 79.21, a PEG ratio of 1.43 and a beta of 1.00. Expro Group Holdings has a 52 week low of $10.71 and a 52 week high of $24.50. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.62 and a current ratio of 1.98. The stock has a fifty day moving average of $13.91 and a 200-day moving average of $18.16.

Expro Group (NYSE:XPRO) last announced its quarterly earnings results on Thursday, October 24th. The company reported $0.23 EPS for the quarter, beating analysts’ consensus estimates of $0.19 by $0.04. Expro Group had a return on equity of 3.70% and a net margin of 0.98%. The firm had revenue of $422.83 million for the quarter, compared to analyst estimates of $436.62 million. During the same period last year, the firm posted ($0.11) earnings per share. The business’s revenue for the quarter was up 14.3% on a year-over-year basis. As a group, sell-side analysts anticipate that Expro Group Holdings will post 0.7 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several analysts recently weighed in on the company. Barclays dropped their price objective on Expro Group from $28.00 to $18.00 and set an “overweight” rating for the company in a research report on Monday, October 28th. The Goldman Sachs Group began coverage on shares of Expro Group in a report on Friday, December 13th. They issued a “neutral” rating and a $18.00 target price for the company.

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.