New York State Teachers Retirement System Sells 784 Shares of XPEL, Inc. (NASDAQ:XPEL)

New York State Teachers Retirement System decreased its holdings in XPEL, Inc. (NASDAQ:XPEL) by 3.6% in the fourth quarter, Holdings Channel reports. The fund owned 20,714 shares of the company’s stock after selling 784 shares during the quarter. New York State Teachers Retirement System’s holdings in XPEL were worth $1,115,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Federated Hermes Inc. bought a new position in shares of XPEL in the 3rd quarter valued at about $28,000. PNC Financial Services Group Inc. lifted its stake in XPEL by 118.5% in the first quarter. PNC Financial Services Group Inc. now owns 601 shares of the company’s stock worth $32,000 after purchasing an additional 326 shares during the last quarter. State of Wyoming bought a new stake in XPEL in the second quarter worth about $36,000. Russell Investments Group Ltd. bought a new stake in XPEL in the first quarter worth about $45,000. Finally, Lazard Asset Management LLC bought a new stake in XPEL in the first quarter worth about $51,000. Institutional investors own 75.08% of the company’s stock.

XPEL Stock Down 2.2 %

Shares of NASDAQ XPEL opened at $52.31 on Thursday. The company has a debt-to-equity ratio of 0.11, a current ratio of 4.02 and a quick ratio of 1.10. The company has a market cap of $1.45 billion, a P/E ratio of 27.53 and a beta of 1.84. XPEL, Inc. has a 1 year low of $40.77 and a 1 year high of $87.46. The firm has a 50-day simple moving average of $53.72 and a two-hundred day simple moving average of $53.41.

XPEL (NASDAQ:XPEL) last announced its quarterly earnings data on Thursday, February 22nd. The company reported $0.43 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.45 by ($0.02). The firm had revenue of $105.54 million during the quarter, compared to the consensus estimate of $96.61 million. XPEL had a return on equity of 34.38% and a net margin of 13.32%. The firm’s revenue for the quarter was up 34.5% on a year-over-year basis. During the same period in the previous year, the business earned $0.30 EPS. Research analysts anticipate that XPEL, Inc. will post 2.2 earnings per share for the current year.

About XPEL

XPEL, Inc sells, distributes, and installs protective films and coatings worldwide. The company offers automotive surface and paint protection film, headlight protection, and automotive and architectural window films, as well as proprietary DAP software. It also provides pre-cut film products, merchandise and apparel, ceramic coatings, and tools and accessories.