Wellington Management Group LLP Has $1.13 Million Stock Position in Expro Group Holdings (NYSE:XPRO)

Wellington Management Group LLP lessened its holdings in Expro Group Holdings (NYSE:XPRO) by 79.9% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 90,436 shares of the company’s stock after selling 359,090 shares during the quarter. Wellington Management Group LLP owned 0.08% of Expro Group worth $1,128,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of XPRO. American Century Companies Inc. boosted its position in Expro Group by 32.3% in the fourth quarter. American Century Companies Inc. now owns 4,206,985 shares of the company’s stock valued at $52,461,000 after buying an additional 1,027,825 shares in the last quarter. William Blair Investment Management LLC boosted its holdings in shares of Expro Group by 37.0% during the 4th quarter. William Blair Investment Management LLC now owns 2,809,682 shares of the company’s stock valued at $35,037,000 after acquiring an additional 758,449 shares in the last quarter. Leeward Investments LLC MA bought a new stake in Expro Group during the 4th quarter worth $7,026,000. Vanguard Group Inc. increased its holdings in Expro Group by 2.6% in the 4th quarter. Vanguard Group Inc. now owns 10,236,260 shares of the company’s stock worth $127,646,000 after purchasing an additional 260,914 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its position in Expro Group by 479.8% in the third quarter. JPMorgan Chase & Co. now owns 251,883 shares of the company’s stock valued at $4,325,000 after purchasing an additional 208,443 shares during the last quarter. Institutional investors and hedge funds own 92.07% of the company’s stock.

Expro Group Price Performance

Expro Group stock opened at $7.97 on Monday. The firm has a market cap of $926.95 million, a P/E ratio of 56.90, a P/E/G ratio of 1.28 and a beta of 0.98. The stock’s 50 day moving average is $10.91 and its 200 day moving average is $12.84. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.98 and a quick ratio of 1.62. Expro Group Holdings has a one year low of $6.70 and a one year high of $24.50.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on XPRO shares. The Goldman Sachs Group reduced their price target on Expro Group from $17.00 to $12.00 and set a “neutral” rating on the stock in a report on Thursday. Barclays dropped their price target on shares of Expro Group from $17.00 to $14.00 and set an “overweight” rating for the company in a research note on Wednesday, March 5th.

Expro Group Company 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.