Deutsche Bank AG Boosts Stock Position in Expro Group Holdings (NYSE:XPRO)

Deutsche Bank AG boosted its holdings in shares of Expro Group Holdings (NYSE:XPRO) by 69.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 92,218 shares of the company’s stock after purchasing an additional 37,849 shares during the period. Deutsche Bank AG owned about 0.08% of Expro Group worth $1,150,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of XPRO. Barclays PLC increased its position in Expro Group by 40.1% during the 3rd quarter. Barclays PLC now owns 473,492 shares of the company’s stock valued at $8,129,000 after purchasing an additional 135,481 shares during the period. SG Americas Securities LLC lifted its position in shares of Expro Group by 60.4% in the 4th quarter. SG Americas Securities LLC now owns 35,995 shares of the company’s stock worth $449,000 after purchasing an additional 13,553 shares during the period. KBC Group NV boosted its stake in shares of Expro Group by 75.3% during the 4th quarter. KBC Group NV now owns 5,968 shares of the company’s stock valued at $74,000 after purchasing an additional 2,563 shares in the last quarter. R Squared Ltd purchased a new position in shares of Expro Group during the fourth quarter valued at about $27,000. Finally, Entropy Technologies LP purchased a new stake in Expro Group in the fourth quarter worth about $173,000. Hedge funds and other institutional investors own 92.07% of the company’s stock.

Expro Group Stock Down 0.6%

Expro Group stock opened at $7.82 on Monday. Expro Group Holdings has a 12 month low of $6.70 and a 12 month high of $24.50. The stock has a fifty day simple moving average of $8.63 and a two-hundred day simple moving average of $11.28. The company has a current ratio of 1.98, a quick ratio of 1.62 and a debt-to-equity ratio of 0.09. The firm has a market cap of $902.82 million, a price-to-earnings ratio of 55.89, a PEG ratio of 1.28 and a beta of 1.17.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the company. Barclays decreased their price objective on Expro Group from $14.00 to $12.00 and set an “overweight” rating for the company in a report on Wednesday, May 7th. The Goldman Sachs Group lowered their price target on shares of Expro Group from $17.00 to $12.00 and set a “neutral” rating for the company in a research report on Thursday, April 10th.

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.