Mutual of America Capital Management LLC Sells 6,952 Shares of XPEL, Inc. (NASDAQ:XPEL)

Mutual of America Capital Management LLC trimmed its holdings in XPEL, Inc. (NASDAQ:XPEL) by 12.7% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 47,802 shares of the company’s stock after selling 6,952 shares during the quarter. Mutual of America Capital Management LLC’s holdings in XPEL were worth $2,574,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. State of Wyoming bought a new stake in shares of XPEL in the 2nd quarter worth approximately $36,000. Federated Hermes Inc. bought a new stake in shares of XPEL in the 3rd quarter worth approximately $28,000. PNC Financial Services Group Inc. lifted its holdings in shares of XPEL by 118.5% in the 1st quarter. PNC Financial Services Group Inc. now owns 601 shares of the company’s stock worth $32,000 after acquiring an additional 326 shares during the last quarter. Lazard Asset Management LLC bought a new stake in shares of XPEL in the 2nd quarter worth approximately $55,000. Finally, Russell Investments Group Ltd. bought a new stake in shares of XPEL in the 1st quarter worth approximately $45,000. 75.08% of the stock is currently owned by institutional investors.

XPEL Trading Up 2.5 %

Shares of XPEL opened at $52.94 on Friday. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.10 and a current ratio of 4.02. XPEL, Inc. has a fifty-two week low of $40.77 and a fifty-two week high of $87.46. The firm has a 50 day moving average price of $53.68 and a 200-day moving average price of $53.23. The firm has a market cap of $1.46 billion, a price-to-earnings ratio of 27.86 and a beta of 1.84.

XPEL (NASDAQ:XPEL) last posted its quarterly earnings results on Thursday, February 22nd. The company reported $0.43 EPS for the quarter, missing analysts’ consensus estimates of $0.45 by ($0.02). XPEL had a net margin of 13.32% and a return on equity of 34.38%. The firm had revenue of $105.54 million for the quarter, compared to the consensus estimate of $96.61 million. During the same quarter in the prior year, the company earned $0.30 earnings per share. The company’s quarterly revenue was up 34.5% compared to the same quarter last year. As a group, equities research analysts forecast that XPEL, Inc. will post 2.2 earnings per share for the current year.

XPEL Profile

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.