Raymond James Financial Inc. Makes New $305,000 Investment in KLX Energy Services Holdings, Inc. (NASDAQ:KLXE)

Raymond James Financial Inc. acquired a new stake in shares of KLX Energy Services Holdings, Inc. (NASDAQ:KLXE) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 61,234 shares of the company’s stock, valued at approximately $305,000. Raymond James Financial Inc. owned approximately 0.36% of KLX Energy Services as of its most recent filing with the SEC.

A number of other hedge funds also recently made changes to their positions in the stock. SkyView Investment Advisors LLC lifted its holdings in shares of KLX Energy Services by 20.0% in the 3rd quarter. SkyView Investment Advisors LLC now owns 15,000 shares of the company’s stock worth $82,000 after acquiring an additional 2,500 shares during the last quarter. Geode Capital Management LLC lifted its stake in KLX Energy Services by 4.8% in the third quarter. Geode Capital Management LLC now owns 160,342 shares of the company’s stock worth $877,000 after purchasing an additional 7,328 shares during the last quarter. Virtu Financial LLC purchased a new stake in KLX Energy Services during the third quarter valued at about $77,000. Barclays PLC increased its holdings in shares of KLX Energy Services by 56,523.3% in the third quarter. Barclays PLC now owns 24,348 shares of the company’s stock worth $133,000 after buying an additional 24,305 shares during the period. Finally, XTX Topco Ltd purchased a new position in shares of KLX Energy Services in the third quarter worth about $146,000. 42.69% of the stock is owned by institutional investors.

KLX Energy Services Price Performance

Shares of KLX Energy Services stock opened at $1.91 on Thursday. The stock has a market capitalization of $33.23 million, a P/E ratio of -0.65 and a beta of 1.59. KLX Energy Services Holdings, Inc. has a one year low of $1.51 and a one year high of $8.10. The company has a debt-to-equity ratio of 105.76, a current ratio of 1.24 and a quick ratio of 1.08. The business’s 50 day simple moving average is $3.95 and its two-hundred day simple moving average is $4.87.

About KLX Energy Services

KLX Energy Services Holdings, Inc provides drilling, completions, production, and well intervention services and products to the onshore oil and gas producing regions of the United States. The company operates through three segments: Southwest, Rocky Mountains, and Northeast/Mid-Con. It provides directional drilling services; downhole navigational and rental tools businesses and support services, including well planning, site supervision, accommodation rentals, and other drilling rentals; and various technologies, including gamma ray, azimuthal gamma ray, real-time continuous inclination and azimuth, rotary steerable, pressure-while-drilling, mode shifting, stick-slip and destructive dynamics, dynamic sequencing and real-time shock, and vibration modules.