15,834 Shares in KLX Energy Services Holdings, Inc. (NASDAQ:KLXE) Bought by XTX Topco Ltd

XTX Topco Ltd acquired a new position in shares of KLX Energy Services Holdings, Inc. (NASDAQ:KLXE) in the first quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 15,834 shares of the company’s stock, valued at approximately $55,000. XTX Topco Ltd owned about 0.09% of KLX Energy Services at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Occudo Quantitative Strategies LP purchased a new stake in KLX Energy Services in the fourth quarter valued at about $83,000. PEAK6 LLC purchased a new stake in KLX Energy Services in the fourth quarter valued at about $98,000. Cubist Systematic Strategies LLC raised its stake in KLX Energy Services by 14.0% in the fourth quarter. Cubist Systematic Strategies LLC now owns 21,258 shares of the company’s stock valued at $106,000 after buying an additional 2,609 shares during the last quarter. PDT Partners LLC raised its stake in KLX Energy Services by 41.0% in the fourth quarter. PDT Partners LLC now owns 27,780 shares of the company’s stock valued at $138,000 after buying an additional 8,081 shares during the last quarter. Finally, Jane Street Group LLC raised its stake in KLX Energy Services by 89.8% in the fourth quarter. Jane Street Group LLC now owns 30,092 shares of the company’s stock valued at $150,000 after buying an additional 14,235 shares during the last quarter. 42.69% of the stock is currently owned by hedge funds and other institutional investors.

KLX Energy Services Stock Performance

KLX Energy Services stock opened at $1.83 on Friday. The stock has a 50-day moving average of $1.98 and a two-hundred day moving average of $2.72. KLX Energy Services Holdings, Inc. has a one year low of $1.46 and a one year high of $7.66. The stock has a market cap of $32.65 million, a PE ratio of -0.45 and a beta of 1.01.

KLX Energy Services (NASDAQ:KLXE) last announced its quarterly earnings data on Wednesday, August 6th. The company reported ($0.88) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.62) by ($0.26). The firm had revenue of $159.00 million during the quarter, compared to analyst estimates of $163.50 million. KLX Energy Services had a negative net margin of 10.59% and a negative return on equity of 981.82%. As a group, sell-side analysts predict that KLX Energy Services Holdings, Inc. will post -2.79 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen upgraded KLX Energy Services from a “sell” rating to a “hold” rating in a research note on Saturday.

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.