Wealth Enhancement Advisory Services LLC Buys Shares of 14,712 Expro Group Holdings N.V. (NYSE:XPRO)

Wealth Enhancement Advisory Services LLC bought a new stake in Expro Group Holdings N.V. (NYSE:XPRO) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 14,712 shares of the company’s stock, valued at approximately $183,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Massachusetts Financial Services Co. MA lifted its position in Expro Group by 19.8% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 1,925,259 shares of the company’s stock worth $24,008,000 after acquiring an additional 318,043 shares during the period. Sei Investments Co. boosted its holdings in shares of Expro Group by 66.6% during the fourth quarter. Sei Investments Co. now owns 50,950 shares of the company’s stock worth $635,000 after purchasing an additional 20,365 shares during the last quarter. Invesco Ltd. boosted its holdings in shares of Expro Group by 58.5% during the fourth quarter. Invesco Ltd. now owns 222,519 shares of the company’s stock worth $2,775,000 after purchasing an additional 82,142 shares during the last quarter. Vanguard Group Inc. boosted its holdings in Expro Group by 2.6% in the fourth quarter. Vanguard Group Inc. now owns 10,236,260 shares of the company’s stock valued at $127,646,000 after acquiring an additional 260,914 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its holdings in Expro Group by 42.0% in the fourth quarter. Ameriprise Financial Inc. now owns 327,125 shares of the company’s stock valued at $4,079,000 after acquiring an additional 96,803 shares during the last quarter. Hedge funds and other institutional investors own 92.07% of the company’s stock.

Expro Group Stock Performance

NYSE XPRO opened at $9.55 on Wednesday. The firm’s 50 day simple moving average is $8.42 and its 200 day simple moving average is $10.74. The firm has a market capitalization of $1.10 billion, a price-to-earnings ratio of 16.47, a P/E/G ratio of 0.93 and a beta of 1.18. Expro Group Holdings N.V. has a 1 year low of $6.70 and a 1 year high of $24.50. The company has a current ratio of 2.11, a quick ratio of 1.74 and a debt-to-equity ratio of 0.09.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on XPRO shares. The Goldman Sachs Group lowered their price objective on Expro Group from $17.00 to $12.00 and set a “neutral” rating for the company in a report on Thursday, April 10th. Barclays dropped their target price on Expro Group from $14.00 to $12.00 and set an “overweight” rating on the stock in a report on Wednesday, May 7th. Finally, Wells Fargo & Company initiated coverage on shares of Expro Group in a research note on Tuesday, May 27th. They set an “overweight” rating and a $12.00 target price on the stock.

Expro Group 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.