Expro Group Holdings (NYSE:XPRO) Shares Acquired by Wellington Management Group LLP

Wellington Management Group LLP boosted its stake in Expro Group Holdings (NYSE:XPROFree Report) by 64.4% during the 3rd quarter, HoldingsChannel reports. The fund owned 1,025,006 shares of the company’s stock after buying an additional 401,449 shares during the period. Wellington Management Group LLP’s holdings in Expro Group were worth $23,811,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in XPRO. Dimensional Fund Advisors LP raised its holdings in Expro Group by 135.1% in the second quarter. Dimensional Fund Advisors LP now owns 1,358,796 shares of the company’s stock valued at $24,074,000 after acquiring an additional 780,810 shares in the last quarter. BlackRock Inc. raised its holdings in Expro Group by 14.3% in the third quarter. BlackRock Inc. now owns 5,235,636 shares of the company’s stock valued at $66,702,000 after acquiring an additional 653,751 shares in the last quarter. TimesSquare Capital Management LLC acquired a new stake in Expro Group in the third quarter valued at $15,125,000. Loomis Sayles & Co. L P raised its holdings 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 valued at $29,561,000 after acquiring an additional 638,703 shares in the last quarter. Finally, T. Rowe Price Investment Management Inc. raised its holdings in Expro Group by 20.8% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 3,204,573 shares of the company’s stock valued at $58,099,000 after acquiring an additional 551,821 shares in the last quarter. 83.29% of the stock is owned by institutional investors and hedge funds.

Expro Group Stock Down 0.5 %

XPRO stock opened at $19.47 on Friday. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.74 and a quick ratio of 1.45. Expro Group Holdings has a 1-year low of $14.33 and a 1-year high of $25.04. The firm has a fifty day moving average price of $18.09 and a two-hundred day moving average price of $18.33. The firm has a market cap of $2.14 billion, a price-to-earnings ratio of -88.50 and a beta of 0.90.

Expro Group (NYSE:XPROGet Free Report) last released its earnings results on Wednesday, February 21st. The company reported ($0.11) earnings per share for the quarter, missing the consensus estimate of ($0.04) by ($0.07). Expro Group had a negative net margin of 1.54% and a negative return on equity of 0.09%. The business had revenue of $406.75 million for the quarter, compared to the consensus estimate of $382.91 million. During the same quarter in the previous year, the firm earned $0.12 EPS. The firm’s revenue for the quarter was up 15.9% on a year-over-year basis. Research analysts predict that Expro Group Holdings will post 0.79 EPS for the current year.

Analysts Set New Price Targets

Separately, Barclays upped their price target on shares of Expro Group from $17.00 to $18.00 and gave the company an “equal weight” rating in a report on Thursday, February 29th.

Read Our Latest Stock Report on Expro Group

About Expro Group

(Free Report)

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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Institutional Ownership by Quarter for Expro Group (NYSE:XPRO)

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